Water deal pays off for Laguna

Laguna residents stand to gain better healthcare and public services after Laguna Water remitted P172 million in dividends to the provincial government and other shareholders for 2024.

The Razon-led firm said Monday the payout comes on top of service improvements across the province, including better water quality and pressure, fewer leaks, improved billing systems, and expanded environmental and community programs.

“Sharing these dividends with the Provincial Government of Laguna reflects the strength of our partnership and our shared vision for progress. Public-Private Partnerships are a powerful way to deliver essential services like water and sanitation efficiently and sustainably,” Manila Water Chief Operating Officer for Non-East Zone and Laguna Water President Melvin John M. Tan said.

“We are excited to continue working hand in hand with PGL and other local governments to create lasting benefits for the people of Laguna,” he added.

Governor Aragones said the funds will go directly to healthcare.

“This support from Laguna Water will go a long way in improving healthcare services for our people. We plan to use these funds to acquire advanced diagnostic equipment, such as MRI and CT scan machines, for our hospitals. This will ensure that quality medical care is accessible to every Lagunense,” she said.

Laguna Water is a joint venture between the Provincial Government of Laguna and Manila Water Philippine Ventures, a subsidiary of Manila Water Company, operating under a public-private partnership since 2009.