MacroAsia Subsidiary Commissions Desalination Facility in Poro Point Freeport Zone, La Union

Poro Point Summa Water, Inc. (PPSWI), a subsidiary within the MacroAsia Group, announced the successful commissioning of the first phase of its Poro Point Desalination Treatment Plant, located within the Poro Point Freeport Zone (PPFZ) in the City of San Fernando, La Union.

The completion of construction and the transition of the facility to operational commissioning was marked by simple ceremonies in the water treatment plant premises, attended by the Provincial Governor of La Union, as well as other Freeport Zone and local government officials. The project represents MacroAsia Group’s entry into the provision of essential water infrastructure, supporting special economic zones, industrial developments, and adjacent communities.

The Poro Point Freeport Zone is a premier special economic zone situated in San Fernando City, La Union, and is administered by the Bases Conversion and Development Authority (BCDA). Prior to the development of the desalination facility, there was no dedicated water utility concessionaire or water pipeline network operating within the Freeport Zone. With the commissioning of the plant, locators within the PPFZ are now able to access a reliable source of potable water directly within the economic zone. The facility is expected to enhance water supply reliability and resilience within the Poro Point Freeport Zone, with the potential to extend water supply to areas adjacent to the Freeport Zone in San Fernando City, subject to applicable approvals.

The desalination facility is designed with modular features that allow for future capacity expansion to meet the medium- to long-term water requirements of Freeport Zone locators and nearby developments. The project has completed initial water production and delivery, demonstrating its technical and operational readiness. Commercial water supply has commenced to Poro Point Agro-Industrial Development Company, Inc. (PPAIDCO), the facility’s first offtake customer.

The project is consistent with the MacroAsia Group’s strategy to diversify into infrastructure and utility-related investments that are expected to generate stable, long-term cash flows while supporting national and local government development objectives.
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Poro Point Summa Water, Inc. (PPSWI) is a special purpose company established for the f inancing, development, construction, and operation of a desalination water supply facility within the Poro Point Freeport Zone. PPSWI is wholly owned by Summa Water Resources, Inc. (SWRI), which is 60% owned by Allied Water Services, Inc. (AWSI), a wholly owned subsidiary of MacroAsia Corporation.