Tue Sep 10 16:07:00 UTC 2024: ## Davao City’s Water Project Wins Prestigious International Award

Davao City’s innovative water extraction project has been recognized as the **Best Public-Private Partnership (PPP) in the Philippines** for 2024 by the **International Finance Awards (IFA)**, based in the United Kingdom.

The **Davao City Bulk Water Supply Project (DCBWSP)**, a joint venture between the **Davao City Water District (DCWD)** and **Apo Agua Infrastructura Inc. (Apo Agua)**, a subsidiary of **Aboitiz InfraCapital (AIC)**, received the award from a pool of 41 categories.

The project, which taps the Tamugan River for potable water, is a testament to the transformative potential of PPPs in driving sustainable urban development.

**Key Features of the Project:**

* **Largest operating private bulk water supply facility** in the Philippines, with a treatment capacity of over 300 million liters per day.
* **Unique water-energy nexus design**, integrating a hydroelectric power plant that fully powers the facility, utilizing the same water for both power generation and treatment.
* **Relief for groundwater sources**, allowing the city’s aquifers to recharge.

**Benefits of the Project:**

* **Reliable and sustainable water supply** for the city’s 1.7 million population.
* **Enhanced quality of life** for citizens.
* **Economic growth** through infrastructure development.

**Eduardo V. Aboitiz**, President of Apo Agua and Head of Water Business for Aboitiz InfraCapital, highlighted the importance of PPPs in addressing critical infrastructure needs and meeting evolving community demands.

The DCBWSP is setting a precedent for other fast-growing cities in the Philippines to tap into the synergistic potential of public and private sectors for sustainable development.

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