Manila Water Company Eyes Vietnam

(thanhniennews.com) - Manila Water Company, a unit of Philippines' largest conglomerate Ayala Corp., said Wednesday it has been prequalified to bid for a six-year contract to reduce leakage in a water supply system in Vietnam.

In a statement, Manila Water said it has partnered with the Vietnam-based Construction Technology Development JS Company to qualify for the project, which forms part of the US$44 million World Bank loan of the Saigon Water Corporation (SAWACO).

SAWACO supplies water to residents of Ho Chi Minh, the largest city in Vietnam with a population of more than six million.

Manila Water said the goal of the project is to reduce water losses by 10 percentage points or equivalent to 125,000 cubic meters per day, which can serve as additional supply to the city.

Other companies that were prequalified to bid include Hong Kong's Biwater Man Lee Ltd., Thailand-Vietnam's Eastern Water- Universal Utilities and Water & Environment, Malaysia-Australia's Salcon Engineering Berhard - Wide Bay Water (Malaysia-Australia) and Singapore Utilities International ( SUI ), Ley Choon Constructions and Engineering, Pan Asia Water Solution (PAWS) and Singapore-Vietnam's VIWASEEN.

SAWACO will release shortly the bid documents to the pre-qualified bidders.