Water Supply Industry Still Considered Sunrise Industry Even During Global Slowdown (NoMind’sEye)

Jan.14, 2009 in Water Industry, Water Management

(Jan. 14, 2009, No Mind’s Eye)

AMID the deepening global financial crisis, a Cebu-based bulk water supplier and potable water service provider plans to expand outside Cebu.

Pilipinas Water Resources Inc. (PWRI) president Antonio Tompar said PWRI wants to become a bulk water supplier in major areas in Manila, Palawan and Mindanao.

PWRI, a consortium of the M. Lhuillier Group and Mactan Rock Industries Inc. established in 2007, serves at least 40 resorts and 20 households in Panglao, Bohol, Jasaan and Tagoloan towns in Misamis Oriental and the mining town of Bataraza in Palawan. It also serves Coca-Cola Bottlers Philippines Inc.’s Cebu plant, the Cebu Port Authority and several shipping companies.

In Cebu, PWRI plans to extend its services to at least 10 barangays in Mandaue City at the end of 2009, although the company already started supplying a couple of barangays there.

PWRI already has water system projects in Banilad, Sapangdaku, Pulangbato, Pardo and Bulacao, and other villages in Cebu City, as well as other areas in Cebu Province.

Tompar said the water supply business can still be considered a sunrise industry even during the global slowdown because water is a basic need…