House of Representatives to Investigate PrimeWater Services

A congressional inquiry has been requested in the House of Representatives to investigate the joint venture agreements between PrimeWater Infrastructure Corporation and local water districts. Zambales Rep. Jefferson Khonghun filed House Resolution 22, emphasizing the need to examine these agreements and their impact on water services for customers.

PrimeWater, a subsidiary of Prime Asset Ventures Inc., has engaged in multiple JVAs with various local water districts in the Philippines, including those in Subic, Zambales. Reports have raised concerns about inefficiencies in water supply and service delivery under PrimeWater's management, leading to questions about the effectiveness of public-private partnerships in the water sector.

President Ferdinand Marcos Jr. has directed the Local Water Utilities Administration (LWUA) to investigate PrimeWater, with LWUA submitting a report to the President. Despite this, residents of Subic, Zambales have expressed frustration over unreliable service from PrimeWater, prompting local government actions to terminate agreements due to service failures.

This situation highlights the need for stronger governance and oversight in public-private partnerships. PrimeWater has committed to addressing water supply issues in certain areas, but concerns remain about the company's performance and its impact on public welfare.

According to the source: GMA Network.