Tuesday, May 7, 2013

Water Utility Firm starts P320 M distribution project

Agoo, La Union—Water utility firm Calapan Ventures Inc. (CVI) has started doing digging works in its P320 million water distribution project here in preparation for the installation of water transmission lines in the fast-growing town.
     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.


Calapan Waterworks Corp. (CWC) expands its water 
services network to AgooLa Union with the establishment 
of the Metro Agoo Waterworks Inc. (MAWI).
Signing the memorandum of agreement for the setting up 
of  MAWI were(from left to right) CWC Chairman Jolly L.
 Ting; La Union 2nd Dist. Rep. EufranioC. Eriguel; MAWI 
President Roderick A. Ongcarranceja; Agoo Mayor Sandra 
Y. Eriguel; Tubao Mayor Dante S. Garcia; and La Union Board
 Member Atty. Rolando V. Rivera.

     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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