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Friday, December 27, 2024

Maynilad spent P1b last year to fix pipes

West zone concessionaire Maynilad Water Services Inc. said Thursday it spent P1.1 billion in 2015 to replace 235 kilometers of old, leaky pipes in its service area. 

The completed projects were located in various parts of the cities of Quezon, Caloocan, Manila and Parañaque and the province of Cavite.

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The pipe replacement projects allowed Maynilad to recover 58 million liters per day of potable water, which was enough to supply around 411,800 customers.

“When we took over Maynilad in 2007, the pipe network we inherited included the oldest water system in Asia,” said Maynilad president and chief executive Ramoncito Fernandez. 

“Maynilad has since replaced around 1,520 km. of damaged pipes in the west zone. We are committed to upgrading our network for the benefit of our customers,” Fernandez said.

Maynilad generated around 3,300 jobs from its pipe replacement projects.  The company said these jobs included those generated by contractors and suppliers.

Maynilad is the largest private water concessionaire in the Philippines in terms of customer base.

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