Boracay Water Boracay Water Boracay Island Water Company, Inc. (BIWC), branded as Boracay Water, is the joint venture company of Manila Water Company through its subsidiary Manila Water Philippine Ventures (MWPV) and the Philippine Tourism Authority (now Tourism Infrastructure and Enterprise Zone Authority) that delivers potable water service, sewerage service, and eventually, drainage management under a 25-year Concession Agreement to cater the approximately 1,000,000 tourist and 30,000 local residents of Boracay Island, Malay, Aklan, Philippines. Boracay Water was incorporated on December 7, 2009, and commenced its operations last January 1, 2010. It services the entire Island of Boracay governed by three barangays
Christmas Island Resort July 2009 it was reported that the Australian Federal Government was negotiating with Kwon about using the resort facilities to relieve overcrowding at the island’s Immigration Detention Centre because of increases in boatloads of asylum seekers attempting to reach Australia. In response, the island’s Shire President, Gordon Thomson, said that the Australian government should take control of the then mothballed resort and hand it over to the Christmas Island community to operate as a tourist resort. In 2013, Kwon started negotiations with the Australian government for the possibility to lease the resort as a viable solution to the island’s growing