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Cebu Water is an investment agreement between the Provincial Government of Cebu (PGC), and Manila Water Consortium where of 51 percent is owned by the consortium The agreement calls for the development and operation of a water supply system that will supply 35 million liter of water per day to target cities and municipalities in the central and northern portions Cebu. The term of the agreement is 30 years starting in March 2012, renewable for another 25 year.
