Marcos urges water concessionaires to study, accept new contract | Inquirer News

Marcos urges water concessionaires to study, accept new contract

/ 03:42 PM January 07, 2020

MANILA, Philippines — Senator Imee Marcos on Tuesday urged Maynilad and Manila Water to study and accept the new contracts which would replace the current deal which contain “onerous” provisions.

Marcos issued the statement as President Rodrigo Duterte warned the water concessionaires to accept the new contracts or else get their water contracts canceled.

“I urge water concessionaires to study and accept the new contract of PRRD (President Rodrigo Roa Duterte),” Marcos said in a statement.

Article continues after this advertisement

“It is the Filipino people’s human right to have reliable, affordable water Any commercial interests can only be secondary to that right,” she added.

FEATURED STORIES

But presidential spokesperson Salvador Panelo on Tuesday clarified that there is still no guarantee that the water concessionaires will not be prosecuted for the crafting of the deals.

“Should Maynilad and Manila Water refuse to accept the new agreements, the Chief Executive will order the cancellation of their present water contracts, mandate the nationalization of water services in their respective areas of operation and prosecute all those involved, directly or indirectly, in the arrangement that led to the present suffering of the Filipino people,” Panelo said.

Article continues after this advertisement

Duterte earlier threatened to sue the water concessionaires over their “onerous” 1997 contracts with the government.

The president said that among these “onerous” provisions were the prohibition against government interference in rate-setting and the provisions on indemnification for possible losses in the event of such interference.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Imee Marcos, Manila Water, Maynilad, Rodrigo Duterte

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.