Gotianun-led Filinvest Development Corporation continues to expand its stake in the utilities sector as it recently inked a joint-venture agreement with Hitachi Aqua-Tech, a subsidiary of Hitachi. The agreement aims to provide overall water solutions, such as water treatment facilities, including desalination, recycled water and sewage treatment for both internal FDC projects as well as for external customers both in the public and private sectors across the Philippines.
“With the innovative technical expertise of the Hitachi group and the nationwide reach of Filinvest, we look forward to solidifying our participation in the Philippine water industry,” said FDC President and CEO L. Josephine Gotianun-Yap. “This partnership further establishes our presence in the eco-sustainable solutions field and complements our other investments in renewable energy and district cooling.” added Mrs. Yap.
In its over 40 years of experience in the water industry, Hitachi Aqua-Tech has had projects in the Asia Pacific regions, including countries in the Indian Ocean, Pacific islands, South America, Africa and the Middle East for the desalination, sewage treatment, water recycling and water feature developments.
“We are excited to join forces with the Filinvest group, share our expertise and provide much-needed water treatment solutions across the Philippine archipelago,” said Hideshi Nakatsu, CEO, Water & Environment Business Unit of Hitachi. “We will continue to provide our water and sewerage solutions that contribute to solving issues faced by clients and society mainly for the Philipines and other Asian countries,” added Mr. Nakatsu.
Hitachi and Hitachi Aqua-Tech will contribute to solving issues faced by clients and society through developing water infrastructures such as water, sewerage, and seawater desalination systems by combining their track record, know-how of Operational Technology (OT) and products that have been developed over the course of many years, with Information Technology (IT) in which Hitachi possesses abundant experience and knowledge in diverse fields.
