Spanish Firm Plans to Expand Portfolio in the Philippines
Spanish infrastructure giant Acciona plans to expand its portfolio of projects by participating in the P350-billion Metro Manila subway project of the Department of Transportation, the country’s first underground train.
Acciona regional director for the Philippines and Southeast Asia Ruben Camba said that they believe in the development of the Philippines, planning to participate in more projects. Aside from infrastructures, Acciona is also into water.
“This is going to be the future. There’s a clear need to access water not only in the Philippines but across the world,” he said.
Acciona has won about $1.5 billion in water, bridge and railway projects in the Philippines since 2016 and has participated in multiple programs such as the $127-million Putatan II water treatment plant in Muntinlupa of Maynilad Water Services Inc - which was turned over to Maynilad. The Spanish firm is currently building a second water treatment facility for Maynilad and is also involved with the consortium building Metro Pacific’s P30-billion Cebu Cordova Link Expressway.