Republic of the Philippines

Public-Private Partnership Center

Joint Venture Agreement for the Financing, Development, Rehabilitation, Improvement, Expansion, Operation and Maintenance of the Water Supply System; and Construction and Management of Septage Facilities for Camarines Norte Water District

Project Brief
Implementing Agency

Camarines Norte Water District (CNWD)

Project Description

The general objective of the project is primarily to attain the highest possible level of water supply service for, as far as feasibly possible, 100% of water consumers within the coverage of the joint venture area. More specifically, the· goal is to ensure sustainable and balanced water supply that will meet growing demand for the future at the least possible cost. The joint venture area is the concession area of Camarines Norte Water District consisting of seven municipalities namely Basud, Daet, Labo, Mercedes, San Vicente, Talisay and Vinzons. If there will be additional services outside the seven municipalities covered, the same shall be subject to an agreement mutually beneficial to the parties.

Project Cost

Php 2.9863 Billion

Procurement Mode

Unsolicited

PPP Structure

Joint Venture (JV) Agreement

Cooperation Period

25 Years (2016-2041)

Region

  • REGION V - BICOL

Sector

Environmental,Water & Sanitation

Private Proponent

Primewater Infrastructure Corp.

Status

Operational