Vivant Corp. said Tuesday a unit bagged a 25-year bulk water project in Cebu province.
Vivant said in a disclosure to the stock exchange wholly-owned subsidiary Vivant Hydrocore Holdings Inc. obtained the contract from the Metropolitan Cebu Water District. The company said earlier the project had an estimated cost of P1.5 billion to P3 billion.
The company said MCWD concluded a successful bid for the Cordova Bulk Water Supply Project through a solicited proposal with VHHI as the private sector proponent and Watermatic Philippines Corp. as its technical partner.
Under its proposal, VHHI will build a utility scale desalination plant that will augment the limited bulk water supply of MCWD by 20,000 cubic meters per day of treated and potable water.
“This investment in bulk water supply is a key milestone for the Vivant group to deliver on its promise to provide forward-looking and adaptable solutions for its communities,” the company said.
