Business and Economy
Maynilad to invest P26.4-B for new STPs in 5 years
Once completed in 2021, these new facilities will expand Maynilad’s sewerage coverage to 47 percent, up from only 6 percent in 2006 before Maynilad was re-privatized. (Pixabay Photo)
MANILA — West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) will invest PHP26.4 billion in the next five years to build new Sewage Treatment Plants (STP) and lay sewer lines in Caloocan, Las Piñas, Muntinlupa, and Kawit, Cavite.
These new facilities, which will have a combined treatment capacity of 320 million liters per day (MLD), will remove harmful substances from the wastewater generated by more than two million Maynilad customers, thus helping to reduce pollution loading into water bodies, it said in a statement.
Of the PHP26.4-billion budget allocation, about PHP16.3 billion will be spent for the laying of some 241 km. of new sewer lines, which will convey wastewater from households to Maynilad’s new STPs for treatment.
Once completed in 2021, these new facilities will expand Maynilad’s sewerage coverage to 47 percent, up from only 6 percent in 2006 before Maynilad was re-privatized.
The company aims to attain 100 percent sewerage coverage by the end of the concession period in 2037.
“So far, we have invested PHP23.3 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,” said Maynilad President and CEO Ramoncito S. Fernandez, adding that the company is investing PHP11.4 billion for wastewater projects this year.
Maynilad is the largest private water concessionaire in the Philippines in terms of customer base. It is the agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone of the Greater Manila Area, which is composed of 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; the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite province.
