Gov’t approves water deal extensions, major infra projects

A move to enhance long-term access to essential services and accelerate rural development has led the Philippine government to approve the 10-year extension of water concession agreements with Maynilad Water Services, Inc. and Manila Water Company, Inc., along with major infrastructure projects aimed at boosting connectivity.

These decisions were made during the inaugural meeting of the newly formed Economy and Development (ED) Council chaired by President Ferdinand R. Marcos Jr., according to a news release from the Department of Economy, Planning, and Development (DEPDev).

DEPDev Secretary and ED Council Vice Chair Arsenio Balisacan said the extension of the Metropolitan Waterworks and Sewerage System (MWSS) contracts until 2047 will secure water services for Metro Manila and nearby provinces, while aligning with legislative franchises under Republic Acts 11600 and 11601.

“Ensuring water security is fundamental to fostering economic growth and improving the quality of life for our growing population,” Balisacan said. He added that the move supports policy coherence and long-term investment planning, with expected revenues reaching %u20B150.3 billion.

Infrastructure for Inclusive Growth

The ED Council also approved two Official Development Assistance (ODA)-backed projects meant to improve transportation and stimulate economic activity in underserved areas.

The Department of Agriculture’s %u20B127.7-billion Farm-to-Market Bridges Development Program aims to build 300 modular steel bridges in 52 provinces across 15 regions. The project is expected to significantly ease transport for farmers and fisherfolk, reduce post-harvest losses, and enhance rural income.

“Persistent infrastructure gaps limit productivity and market access. These projects will help bridge those gaps,” Balisacan said.

The council also greenlit the %u20B15.1-billion Liloan Bridge Construction Project of the Department of Public Works and Highways (DPWH), which will build a 721-meter, four-lane bridge connecting Panaon Island to mainland Leyte. The new bridge will replace the aging structure and is expected to boost mobility, tourism, and job creation in the municipalities of Liloan, San Francisco, Pintuyan, and San Ricardo.

Balisacan emphasized that the inaugural ED Council meeting signaled a more integrated and responsive approach to national development planning. “By strengthening water resources, agricultural productivity, and infrastructure connectivity, we aim to unlock greater economic opportunities and foster inclusive growth,” he said.