Clark Water wants to use 47% of P300-M 2015 capex to develop more water sources

By: Jonathan L. Mayuga

CLARK Water Corp. is eyeing to develop more water sources for Clark Freeport and Special Economic Zones and plans to spend around P141 million, or 47 percent of its P300-million budget for capital expenditures in 2015 for various activities.

The company plans to build and commission new water sources, such as deep wells and infiltration wells next year.The company also has an on-going feasibility study to tap surface water to enhance water supply in the area.

On top of developing more water sources, the company is also eyeing the construction of new water-treatment facilities, storage tanks and booster facilities, as well as upgrading and refurbishment of existing ones next year.

Clark Water, a subsidiary of Manila Water, which provides water services for households in the East Zone of Metro Manila, is the sole water and used-water services provider for Clark Freeport.

For 2014 until the end of its 40-year concession contract, Clark Water will invest P3.93 billion in new projects, P1.06 billion of which will be utilized in the next four years.

The capital investment for the whole concession term ending in 2040 will be used for various improvements of the company’s water and used-water facilities in order to promote the freeport zone as an ideal business hub for multinational companies.

Clark Water has completed this year three new deep wells that will go fully operational by the first quarter of 2015.The company has also successfully upgraded three major booster pumps, and installed generator sets on its old water sources to improve and strengthen supply reliability.

The construction, reinforcement and replacement of new sewer lines for used water is among the company’s priority projects within the next 10 years.

Other used water services targeted by the business plan includes the upgrading of the company’s wastewater treatment plant scheduled intermittently until the end of concession term, as well as the construction and improvement of lift stations, which is expected to materialize in the next four years.

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