Maynilad investing P16.8b to enhance services

West Zone concessionaire Maynilad Water Services Inc. is investing P16.8 billion in 2019 for the continued enhancement and expansion of its water and wastewater services.

“Maynilad is dedicating a bigger share of this year’s capital investment toward wastewater projects, as we seek to facilitate sewerage coverage expansion in the West Zone. Accelerating our wastewater projects will require a lot of resources but we are committed to do our part in protecting the health of our customers and the environment,” said Maynilad president and chief executive Ramoncito Fernandez.

About P11.4 billion or almost 70 percent of Maynilad’s P16.8-billion budget for 2019 will be spent for wastewater management projects to comply with the new and more stringent effluent standards and maintain network reliability. 

Maynilad said from the allocated fund, it would derive the budget for the construction of a new sewage treatment plant in Central Manila, installation of about 30 kilometers of sewer lines in Las Piñas City, the upgrade of existing STPs to include nutrient-removal processes, lot acquisition for new STPs and pump stations, installation of new sewer service connections  and maintenance of the existing sewer network.

It said to continue enhancing water supply and pressure in the West Zone, about P1.9 billion of the capital expenditures was allocated for water operations support such as the construction of additional pumping stations and reservoirs for better supply management, service expansion programs and water source projects.

Maynilad is also allocating P3 billion this year for its water loss recovery or non-revenue water management program that covers leak detection and repair, meter management, pipe replacements, and network diagnostics.

The rest of the budget will go to the company’s customer service and information program, which involves modernizing data management and information systems to improve service delivery.

Funding for Maynilad’s infrastructure investments will come from local and international bank loans and from internally generated funds. 

The water company expects to generate more than 49,200 jobs from its P16.8-billion capex program this year.

Maynilad is the largest private water concessionaire in the Philippines in terms of customer base, servicing the West Zone of the Greater Manila Area.

It serves the cities of Manila (certain portions), Quezon City (certain portions), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila; the cities of Cavite, Bacoor and Imus and the towns of Kawit, Noveleta and Rosario in Cavite province.

Topics: Maynilad Water Services Inc. , capital investment , wastewater projects ,
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