Laguna Water, a Non-East Zone operating unit of Manila Water providing water, used water, and environmental services across several municipalities in Laguna, has declared and remitted ₱172 million in dividends to its shareholders, including the Provincial Government of Laguna (PGL), for 2024.
Beyond the dividend sharing, the partnership between the Provincial Government of Laguna (PGL) and Laguna Water has delivered remarkable progress, improved water quality and pressure, reduced system losses, enhanced customer service and billing systems, and the rollout of environmental and social programs that protect Laguna’s natural resources and uplift communities.
Manila Water Chief Operating Officer for Non-East Zone and President of Laguna Water, Melvin John M. Tan, expressed gratitude to PGL for its continued support and partnership.
“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. We are excited to continue working hand in hand with PGL and other local governments to create lasting benefits for the people of Laguna,” said Tan.
This milestone reflects Laguna Water’s dedication to sustainability and its strong collaboration with the local government in improving the quality of life for the communities it serves. Governor Aragones expressed her appreciation for Laguna Water’s continued partnership and announced that the financial assistance will be allocated to the health sector.
“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,” said Governor Aragones. Laguna Water is a joint venture between PGL and Manila Water Philippine Ventures (MWPV), a subsidiary of Manila Water Company. MWPV holds 70% of the shares, while PGL owns 30%. Established in 2009 through a PPP agreement, the company aims to provide reliable and sustainable water and sanitation services to residents and businesses in Laguna.