• By The Financial District

VIVANT GETS BULK CEBU WATER CONTRACT

Vivant Corporation was given notice by its wholly-owned subsidiary, Vivant Hydrocore Holdings Inc. (VHHI), that a twenty-five (25)-year Bulk Water Supply Agreement was awarded by the Metropolitan Cebu Water District (MCWD) to the company.

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In its disclosure to the Philippine Stock Exchange today, Vivant said that MCWD concluded a successful bid for the Cordova Bulk Water Supply Project through a solicited proposal with VHHI as the private sector proponent and Watermatic Philippines Corporation (WMP) as its technical partner.


VHHI will build a utility-scale desalination plant that will augment the limited bulk water supply of MCWD by twenty thousand cubc meters (20,000 cu.m) per day of treated and potable water.


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This investment in bulk water supply is a key milestone for the Vivant group to deliver on its promise to provide forward-looking and adaptable solutions for its communities. The Vivant Group will sign a Joint Venture Agreement with MCWD to govern the relationship of the parties as joint venture partners.


VHHI is a wholly-owned subsidiary of Vivant Infracore Holdings Inc., which is in turn wholly owned by Vivant Corporation. VHHI holds the Vivant group’s water infrastructure investment portfolio.



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