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Friday, April 19, 2024

Maynilad invests P26.4 billion

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The west zone concessionaire of the Metropolitan Waterworks and Sewerage System—Maynilad Water Services Inc.—is investing P26.4 billion in the next five years to build new sewage treatment plants and lay sewer lines in Metro Manila’s Caloocan City, Las Piñas City and Muntinlupa City, and Cavite’s Kawit town.

Maynilad president and chief executive officer Ramoncito Fernandez said the new facilities with a combined treatment capacity of 320 million liters per day would remove harmful substances from the wastewater generated by over two million Maynilad customers, thus helping to reduce pollution loading into water bodies.

Of the P26.4-billion budget allocation, at least P16.3 billion would be spent for the laying of 241 kilometers of new sewer lines to convey wastewater from households to the new facilities for treatment.

Once completed in 2021, the new facilities would expand Maynilad’s sewerage coverage to 47 percent or up from only 6 percent in 2006 before Maynilad was reprivatized.

Fernandez said they want to attain a 100-percent sewerage coverage by the end of the concession period in 2037.

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“So far, we have invested P23.3 billion to improve the wastewater infrastructure and expand coverage in the west zone since 2007. By sustaining investments in wastewater projects, we do our part in the clean-up and rehabilitation of Manila Bay, per the Supreme Court mandamus,” he cited.

The water firm is investing P11.4 billion for wastewater projects this year. 

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