Manila Water looks at Africa, Latin America for expansion - BusinessWorld Online

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Razon-led Manila Water Co., Inc. is looking at further expanding its reach to overseas areas where its affiliate firm has business exposure, and where the Philippines shares similar economic and cultural characteristics, a company official said. READ:

“We’re looking at Latin America and Africa,” Manila Water Chief Administrative Officer Roberto R. Locsin told reporters on Friday.

“We want to make sure that our style is the style that gets embedded in the local team,” he said. “That’s the value of what we’re trying to do — export the talent.” He said ICTSI is also “all over Africa,” making the continent a possible expansion target since its nations have similar economic characteristics as the Philippines.

Before further expanding overseas, he said Manila Water is likely to launch a few projects in the Philippines.He said Manila Water is coming up with a new local project by the end of the first half.

 

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