President Duterte says the concession agreements with Manila Water Co Inc and Maynilad Water Services are “onerous and disadvantageous” to the public. Photo: Reuters President Duterte says the concession agreements with Manila Water Co Inc and Maynilad Water Services are “onerous and disadvantageous” to the public. Photo: Reuters
President Duterte says the concession agreements with Manila Water Co Inc and Maynilad Water Services are “onerous and disadvantageous” to the public. Photo: Reuters
The Philippines
This Week in Asia /  Economics

Repeal of water contracts in Philippines could complicate Chinese dam loan repayments: congressman

  • The country’s water regulator has cancelled the 15-year extension of two concession deals after President Duterte rebuked two utility companies
  • Lawmaker Carlos Zarate says this has resulted in higher water rates for Filipinos, and paying back the loan could see costs increase further

Topic |   The Philippines
Raissa Robles
Raissa Robles

Updated: 11:47pm, 12 Dec, 2019

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President Duterte says the concession agreements with Manila Water Co Inc and Maynilad Water Services are “onerous and disadvantageous” to the public. Photo: Reuters President Duterte says the concession agreements with Manila Water Co Inc and Maynilad Water Services are “onerous and disadvantageous” to the public. Photo: Reuters
President Duterte says the concession agreements with Manila Water Co Inc and Maynilad Water Services are “onerous and disadvantageous” to the public. Photo: Reuters
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