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 in October 2018 with a set of new rules meant to address a variety of issues . The name "Boracay" is attributed to different origins. One story says that it is derived from the local word "borac" which means white cotton with characteristics close to the color and texture of Boracay's white sugary and powdery sand. Ati tradition states that the name of the island came from the Inati words "bora," meaning bubbles, and "bocay," meaning white. Yet another version dating back to the Spanish era says the name is derived from "sagay," the word for a shell, and "boray,"