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
Boracay group led by Andrew Tan had earmarked PHP20 billion to develop tourism estates "featuring an integrated, master-planned layout and world-class resort offerings and amenities" in Boracay and Cavite. The planned Boracay project, Boracay Newcoast, involves four hotels with 1,500 rooms, a plaza and an entertainment center. Other resorts in Borocay include Discovery Shores, a luxury five-star resort managed by a Filipino hospitality group called The Discovery Leisure Company Inc. and owned by Discovery World Corp. The building, with 88 suites, a spa, and four restaurants and bars, stands at Station One on the White Beach, and has been described as