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PHILIPPINES PRESS-Five groups prequalify to bid for $541 mln water supply project - BusinessWorld

Five investor groups have prequalified to bid for the 24.4 billion peso ($541 million) Bulacan Bulk Water Supply Project, the Philippines' first water infrastructure project offered by the government under its Public-Private Partnership programme, BusinessWorld reported.

The groups include several listed companies including San Miguel Corp, First Philippine Holdings Corp, Manila Water Co Inc, and a number of foreign firms like Korea Water Resources Corp, Malaysia's MTD Capital Bhd, U.K.'s Biwater International Ltd, according to a government list cited by the newspaper.

(http://bit.ly/11DWwJ1)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Sunil Nair)