Publicly listed CVC – through
subsidiary Calapan Waterworks Corporation (CWWC) – said the water diggings are
done to find out if the drilling site in the nearby town of Tubao has a good
water source.
“We are on track in our effort to
fulfill the long-time dream of the people of Agoo to have clean and potable
water. We are now doing digging works and if the water source in Tabuk proves
to be good, we’ll proceed in also building a reservoir in the area,” said CVC
and CWC Chairman Jolly L. Ting.
Newly-formed Calapan Waterworks
Corporation (CWC), a subsidiary of CVC, recently signed a memorandum of
agreement with local officials led by La Union 2nd District Rep. Eufranio C.
Eriguel, Agoo Mayor Sandra Eriguel; Tubao, La Union Mayor Dante S. Garcia; and
La Union Board member Rolando V. Rivera. Signatory for MAWI President Roderick
A. Ongcarranceja said the project has the full support of La Union Gov. Manuel
Ortega.
Under the deal,
MAWI will source water from Tubao for distribution to Agoo’s less than 100,000
residents. Future expansion plans include supplying water to Tubao itself and
neighboring towns in La Union.
MAWI is a
subsidiary of the Calapan Waterworks Corp. Banking on its 15-year expertise in
water distribution; CWWC is out to turn the company into one of country’s
leading water service providers for mid-sized urban cities and towns.
Ting said the
test drillings are intended to find out if the Tubao water source has good
quality of water and sufficient volume to supply clean water to the progressive
town of Agoo.
“If everything
goes well, we’ll soon be putting up water pipe and transmission lines and
providing clean water to meet the domestic demand for the growth of commerce
and industry in the growing population of Agoo and Tubao,” Ting said.
Mayor Garcia and
Board member Rivera have hailed the project as a catalyst for progress for the
towns of Agoo and Tubao. Rep. Eriguel has described it as a “dream come true”
for the town that has remained without potable water for more than 20 years
now.
Ting assured
local officials CWC is backed by long experience in water distribution to
ensure Agoo’s residence would get high-quality and sanitary water to improve
their “quality of life.”
CWC’s water-distribution operation in Calapan is credited for the city’s fast economic growth from a sleepy town in 1997. Calapan experienced little growth when it remained without potable water for 52 years prior to the entry of CWC.
CWC
has 10,000 water service connections out of the 25,137 households in 32 out of
62 barangays in Calapan.
Apart from CWC, CVI’s also runs the subsidiary Tabuk Water Corp. in Tabuk City, Kalinga
Ting said MAWI, if completed, is going
to be CWC’s biggest project by far because the towns of Agoo and Tubao have
wider coverage area than CWC’s home base in Calapan.
CVI is a subsidiary of publicly listed
Jolliville Holdings Corporation which has business interests in leasing,
property development and land banking, management services, water utility, and
power generation.
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