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Wednesday, January 22, 2020
Home Business Corporate News Maynilad allots P200B for treatment plants

Maynilad allots P200B for treatment plants

 

MAYNILAD Water Services Inc. is allocating nearly P200 billion in implementing wastewater projects within its concession in the next several years.

In a statement on Wednesday, the water firm said the amount would be used to build 26 new sewage treatment plants (STPs), install about 425 kilometers of new sewer lines that would catch the wastewater generated by some 10 million Maynilad customers and operate and maintain all wastewater facilities, among others.

The planned STPs would have a combined treatment capacity of 1,600 million liters a day. Currently, Maynilad is developing STPs in Valenzuela City, and in Tunasan and Cupang villages in Muntinlupa City.

“Maynilad only started investing heavily in wastewater infrastructure after it got out of corporate rehabilitation in 2008 and expanded water service to more areas. Despite this, in [fewer] than 10 years, we managed to increase sewerage coverage in the West Zone to 20 percent of our 9.5 million water-served population,” Maynilad President and Chief Executive Officer Ramoncito Fernandez said.

This is on top of the P39-billion capital expenditure that Maynilad set aside for wastewater projects and services since its concession agreement with the Metropolitan Waterworks and Sewerage System (MWSS) commenced in 1997.


These investments enabled the company to reach an additional 1.3 million customers with its sewerage services, bringing the number of total customers served to almost 2 million by 2018.

Customers in unsewered areas are covered by Maynilad’s septic tank cleaning services.

“As we work on expanding our wastewater services, we also closely collaborate with our government partners so that other pollution sources that harm Manila Bay will be addressed,” Fernandez said.

Majority owned by Pangilinan-led Metro Pacific Investments Corp., Maynilad is the MWSS’ agent and contractor for the West Zone concession area.

This area covers portions of Manila, Quezon City and Makati City, as well as the cities of Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon.

Maynilad also services the cities of Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite province.

To date, Maynilad operates 22 wastewater treatment facilities with a combined treatment capacity of about 663,000 cubic meters of wastewater a day.

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Today’s Front Page January 22, 2020

Today’s Front Page January 22, 2020