MAYNILAD WATER Services, Inc. has installed more than 3,100 kilometers (km) of new water pipe in the capital’s west concession zone since water services were privatized in 2007.
The company said it installed 17 km of new pipe last year even with work hampered by quarantine restrictions.
“The water company invested P185 million in 2020 to lay new primary and secondary pipes in portions of Valenzuela, Muntinlupa, and Bacoor in Cavite,” Maynilad said in a statement Wednesday.
Randolph T. Estrellado, Maynilad Chief Operating Officer, said laying new pipe facilitates wider access to potable water.
“Hence, we continue to deploy workers in the field, ensuring that they follow strict health and safety protocols so that crucial pipe-laying activities will not stop,” Mr. Estrellado said.
For 2021, Maynilad said it is spending over P101 million to install 13 km of new pipe that will connect 18,000 residents in Rosario and Bacoor, Cavite, as well as Valenzuela City.
“The Maynilad water distribution system stretches from North Caloocan to Cavite Province and delivers over 2.6 billion liters of potable water every day to the company’s over 9.8 million customers,” the company said.
Maynilad provides water to Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, Malabon, Manila, Makati, and Quezon City, as well as parts of Cavite province including Bacoor, Imus, Kawit, Noveleta, and Rosario.
Metro Pacific Investments Corp., which has a majority stake in Maynilad, is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc.
Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld through the Philippine Star Group, which it controls. — Revin Mikhael D. Ochave
0 Comments