With sole regulator status: Tieza sees better water services when Boracay reopens this Oct.

Date

October 6, 2018

Author

ABS-CBN News

Metadata

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Classification code

PN20181006_B1

Excerpt

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) said it expects more competition between the two water service providers in Boracay after TIEZA was recognized as the sole regulator for the service on the island. TIEZA said it can benchmark operational data of the two service providers and promote efficiency with incentives, as well as impose penalties for failure to meet commitments. The Department of Environment and Natural Resources (DENR) earlier said that TIEZA was the sole regulator of water utilities on the resort island, allowing the agency to divide the island between the Ayala Group’s Boracay Island Water Inc. and Lucio Tan’s Boracay Tubi Systems Inc.

Citation

With sole regulator status: Tieza sees better water services when Boracay reopens this Oct. (2018, October 6). Panay News, p. B1.