spot_img
29.6 C
Philippines
Wednesday, April 24, 2024

Megawide tapped to build Maynilad’s new treatment plant

- Advertisement -

Megawide Construction Corp. and the MUL Consortium said Monday they started the construction of Maynilad Water Services Inc.’s water reclamation facility in Las Piñas City.

Megawide said in a statement the water reclamation facility was the company’s first water project. It is also Maynilad’s largest wastewater treatment plant with a capacity of 88 million liters per day.

“This is our first engineering project in wastewater treatment and we’re proud to be the partner to Maynilad in this undertaking. Together with MUL, we are looking forward to delivering a first-world facility that meets the standards of Maynilad and benefits the greater community,” said Megawide deputy head for construction Eric Tan.

Under the plan, Megawide and MUL will deliver the design and build the component of the Las Piñas water reclamation facility.

MUL is comprised of Toshiba Water Solutions, an international environmental services company that specializes in wastewater collection, treatment and disposal; and Filipino company LinkEnergie, one of the leading electromechanical contractors in the Philippines. 

- Advertisement -

LinkEnergie chief executive Francisco Matias said the new WRF would support the Supreme Court-mandated cleanup efforts for Manila Bay. 

“Once the Las Piñas water reclamation facility is operational, it will process raw sewage to conform to DENR standards of cleanliness. It will discharge only clean water into the river system that drains directly to Manila Bay,” Matias said.

The facility will serve around 660,000 customers once completed in 2021. 

Megawide is one of the leading infrastructure and engineering companies in the Philippines. It has built several big-ticket infrastructure projects in the country including the Mactan-Cebu International Airport and the Parañaque Integrated Terminal Exchange.

Megawide bagged P16.8 billion worth of new construction contracts in the first nine months of 2018,  up 55 percent from the new contracts secured in the entire 2017. 

The company said this brought total outstanding order book to P39.7 billion, or 22 percent higher than the previous year across residential, office, commercial and infrastructure projects.

The share price of Megawide fell 3.04 percent Monday to close at P20.70.

- Advertisement -

LATEST NEWS

Popular Articles