A K-water official delivers a presentation about the agency's bid for New Clark City's water and sewerage project at a undisclosed location in Manila, Philippines, Monday. Courtesy of K-water By Jhoo Dong-chan The Korea Water Resources Corp. (K-water) has submitted its proposal for a water and sewerage project worth 1 trillion won ($694 million) near the Philippines’ capital city of Manila.
K-water is Korea’s government agency for comprehensive water resource development and providing both public and industrial water. According to the agency, Tuesday, representatives of K-water tendered its bid for New Clark City’s water and sewerage project during a meeting with the Southeast Asian country’s government officials at an undisclosed location in Manila, Monday. The Korean ambassador to the Philippines also joined the meeting on the day.
Located about 100 kilometers northwest of Manila, New Clark City is currently undergoing development owned and managed by the Bases Conversion and Development Authority (BCDA). Covering an area of approximately 94.5 square kilometers, the city is designed to accommodate up to 1.
2 million residents, which is expected to ease the capital’s various overpopulation problems. In a bid to offer a customized proposal to the BCDA, K-water has jointly accessed a feasibility study for the project with various Korean constructors, including the Korea Overseas Infrastructure & Urban Development Corp., since August.
The initial phase of the 1 trillion won project starts in 2026 to develop the water supply for New Clark City by 2050. The phase is worth about 350 billion won. Believing the country is experiencing water supply shortages due to drastic climate change, the agency said in a press release that the proposal includes building an underground reservoir dam by 2032 to secure a stable water supply.
“K-water and the BCDA have been truthful partners beyond the two countries’ 75 years of diplomatic ties,” BCDA head Joshua M. Bingcang said during the meeting. “We will strengthen our ties with K-water for the project.
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K-water tenders bid for water, sewerage project in Philippines
The Korea Water Resources Corp. (K-water) has submitted its proposal for a water and sewerage project worth 1 trillion won ($694 million) near the Philippines’ capital city of Manila. K-water is Korea’s government agency for comprehensive water resource development and providing both public and industrial water.