Bluefield Research has released a new Market Insight, The Philippines Extends Water PPPs Beyond Manila, which analyzes the emerging opportunities in the Philippines to develop its municipal water market nationally. The country’s PPP Center has nine strategic projects lined up through 2020. The success of the US$542 million Bulacan Bulk Water Supply Project, currently awaiting final bids, represents a key milestone to prove the government ability to enable private participation beyond its capital city.
Price-competitive European and Asian water players– partnered with local construction firms– are poised to play a significant role in the country’s development through these tenders. At the same time, EPC players can address Manila Water and Maynilad’s required ramp-up in capital improvements to meet wastewater treatment demands. Bluefield anticipates the Philippines will scale in terms of private water participation between now and 2018, when the first tenders reach fruition. As a result, a host of companies are now positioning to tap into the market’s resurgence.
The Philippines Extends Water PPPs Beyond Manila highlights the following:
- Increasing municipal water infrastructure build-out
- Philippines’ highly fragmented water sector and lack of regulation challenges expansion beyond Manila
- EPC services and upcoming tenders carrying national and multilateral guarantees among opportunities for private water players