OPS is a government designation that recognizes AIC as the first company to submit a qualified and viable unsolicited proposal, giving it a first-mover advantage in the public-private partnership (PPP) process.
While the project will still go through a competitive bidding where other firms can submit rival offer, AIC has the right to match any better offer.
“This is a major step forward in strengthening Iloilo’s water security and infrastructure resilience. We are honored by the city’s trust given to us through the OPS, and we are committed to working closely with our partners to co-create a future-ready water system for all Ilonggos,” AIC president and CEO Cosette Canilao said in a statement.
“Iloilo’s growing water concerns need urgent, collaborative solutions. A resilient water system with multiple players working together is key to ensuring that communities, businesses, and industries can thrive,” added Eduardo Aboitiz, AIC vice president and head of water business.
Cleaner, more consistent supply
Once completed, the AIC-led project will deliver up to 86 million liters per day of treated potable water to various offtakers across Iloilo.
The P5 billion project will involve raw water sourcing, a treatment plant, and a distribution system designed to improve water quality, reliability, and supply for households, businesses, and industries.
Aboitiz purses second water project
This is AIC’s second major bulk water PPP, following the Davao City Bulk Water Supply Project (DCBWSP), which delivers 300 million liters daily and is the largest facility of its kind in the country.
Operated by AIC’s water unit Apo Agua in partnership with the Davao City Water District, that project was awarded Best PPP in the Philippines by the UK-based International Finance Awards.
