New Earth Water System, Inc. (NEWS), a wholly-owned subsidiary of Boracay Tubi System, Inc. (BTSI) and majority-owned by MacroAsia Properties Development Corporation (MAPDC), has officially broken ground on the New Earth Iloilo Water Supply Project. This crucial development, backed by an initial investment of PHP 2.0 billion, aims to significantly boost Iloilo’s potable water supply to meet the rising demands of its rapidly expanding communities and industries.
The initial phase of the project involves the construction of a state-of-the-art Water Treatment Facility in Barangay Bongco, Pototan, Iloilo.
The facility will have an initial capacity of 37.5 million liters per day (MLD), with the potential to expand up to 50 MLD.
NEWS will also build essential transmission lines and a new distribution network of pipelines to deliver treated water to off-takers across various areas.
The construction is slated for completion within two years.
NEWS holds the necessary Certificate of Public Convenience (CPC) and water rights, allowing it to supply, treat, and distribute potable water to Iloilo City and the municipalities of Sta. Barbara, Pavia, Oton, Leganes, Cabatuan, Maasin, and San Miguel. Once operational, the facility is expected to directly address the current water supply shortfall affecting numerous households and businesses in underserved areas.
Mr. Eduardo Luis T. Luy, Chairman of NEWS and BTSI, emphasized the project’s vital role in the region’s future. “Water is the lifeblood of Iloilo’s growth, and shortages must not become a barrier to progress,” Mr. Luy stated. “This facility will not only close the immediate supply gap, but will also provide Iloilo with resilient and sustainable water infrastructure for the future.”
The project’s tariff structure is designed to be competitive, ensuring a balance between affordability for consumers and the long-term sustainability of operations. This investment is projected to enhance public health and sanitation, stimulate economic development, and strengthen the province’s resilience against water scarcity.
New Earth Water System, Inc. (NEWS) is a dedicated water infrastructure developer focused on delivering sustainable and innovative water solutions across the Philippines. It is a wholly-owned subsidiary of Boracay Tubi System, Inc. (BTSI), which has been majority-owned by MacroAsia Properties Development Corporation (MAPDC) since December 2016. BTSI, founded by the Molina Family, is a pioneering water service provider and one of only two licensed water and wastewater utility operators on Boracay Island. MAPDC, a wholly-owned subsidiary of MacroAsia Corporation, focuses on investments in economic zones and water ventures outside Metro Manila.
