Maynilad has invested P41B for wastewater projects since 1997 | Bilyonaryo Business News
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Maynilad has invested P41B for wastewater projects since 1997

West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has forked out over P41 billion to improve and expand wastewater services since the privatization of water services in Metro Manila in 1997.

West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has forked out over P41 billion to improve and expand wastewater services since the privatization of water services in Metro Manila in 1997.

A portion of the investment was used to construct 19 new wastewater treatment facilities and upgrade three existing ones, purchase 89 new vacuum trucks for septic tank cleaning, install of 180 kilometers of new sewer lines, and maintain the sewerage system, among others.

Maynilad also set aside some for the construction of four additional sewage treatment plants (STPs) that are currentlybeing built in Valenzuela, Las Piñas, and Tunasan and Cupang in Muntinupa.

As of the end of 2019, Maynilad served some 2 million people, or more than three times the 600,000 served when it assumed the operation of water utilities in the west zone concession in 1997.

“Maynilad only got out of corporate rehabilitation in 2008, so we had just 11 years to work on expanding wastewater services. Despite this, we have managed to build new wastewater facilities that now prevent untreated effluents from polluting our waterways. This is where all the bill payments of our customers go,” said Maynilad president and CEO Ramoncito S. Fernandez.

The company is set to spend P200 billion more to continue expansion of its wastewater infrastructure to meet 100% sewerage coverage in the zest zone by 2037. Theamount includes the P1.1 billion committed cost to rehabilitate five esteros in Manila that drain out to Manila Bay.

Maynilad’s service area covers 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; Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite Province.

 

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