Lucio Tan’s aviation services firm sees big opportunity in water

September 18, 2024
3:56PM PHT

Taipan Lucio Tan’s MacroAsia Corp., through its 60 percent-owned subsidiary Summa Water Resources Inc. (SWRI), is ramping up expansion water services.

The company, a leader in airline and aircraft services, led the groundbreaking ceremony for Lapu-Lapu City’s seawater desalination project on Sept. 18, 2024. 

The project, spearheaded by SWRI’s subsidiary CSWater Lapu-Lapu Inc. (CSWLL), aims to meet the city’s rising water demands. 

It includes the construction of a 15-million-liter-per-day desalination plant in Punta Engaño and a 500-cubic-meter-per-day facility on Olango Island. 

The initiative officially kicked off in May 2024, following approval from Mayor Junard “Ahong” Chan.

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