Aboitiz Equity Ventures, Inc. has diversified into water distribution by forming a JV with J.V. Angeles Construction in Davao City. The companies will construct a hydroelectric-powered bulk water treatment facility and the conveyance system needed to deliver treated bulk water to several Davao City Water District (DWCD) delivery points. The companies have submitted a proposal to DWCD for the supply of 300 mld of potable bulk water. J.V. Angeles is one of the country’s leading contractors in the construction and development of water-related infrastructure.