COA: Income of San Jose del Monte City Water District fell after PrimeWater deal

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COA: Income of San Jose del Monte City Water District fell after PrimeWater deal
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The San Jose del Monte City Water District's earnings plunge in the years following its 2018 joint venture agreement with PrimeWater Infrastructure Corporation, even turning negative in 2020.

expressed alarm over the plummeting profits of the San Jose del Monte City Water District in Bulacan following its joint venture agreement with Villar-led PrimeWater Infrastructure Corporation.

COA advised San Jose Water to find ways to boost its net income, including seeking a bigger share of revenues.

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