Gov't studying foreign, local offers to solve water shortage

July 19, 2010 9:44 pm 

MANILA, July 19 — President Benigno S. Aquino III today said concerned government agencies are currently evaluating proposals from local and foreign investors interested in the local water supply sector with an eye on possible solutions to the recurrent supply shortage.

'There are several proposals from local and foreign investors who are willing to answer the water needs of all sectors but we are still awaiting the recommendations of the different agencies,' the President told members of the Malacanang Press Corps after administering the oath of office to some undersecretaries and other executives of agencies under the Department of Transportation and Communications DOTC, as well as the new set of officers of the League of Cities of the Philippines at the Palace's Rizal Hall.

The Chief Executive also said that pertinent regulatory bodies were also looking into the water situation in the country, notably in Metro Manila, amid reports that the water level of Angat Dam has been below critical levels.

Angat Dam's water level reportedly continued to decline in the aftermath of the El Nino weather phenomenon, hitting 157.59 meters on Sunday'way below its operational level of 180 meters, The reservoir provides 97 percent of Metro Manila's water requirement.

Maynilad Water Services, one of two utility firms supplying water to the metropolis, said in an advisory that it will be compelled to cut its supply this month by 30 percent. (PNA)



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