ANGRY DUTERTE. President Rodrigo Duterte strides into a Malacañang gathering before giving a speech in which he slams Manila Water and Maynilad Water Services. Malacañang photo
Duterte also ordered the filing of criminal, civil, and administrative charges against"all those involved" in the concession agreements of Manila Water and Maynilad with the Metropolitan Waterworks and Sewerage System , a government corporation. But in 2009, 13 years before they were set to expire in 2022, the deals were extended for another 15 years.
But government's respect for the validity of contracts it enters into with the private sector is an important factor in building investor-confidence.
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