To continue meeting its service obligations to millions of its customers, the country’s biggest private water concessionaire Maynilad Water Services Inc., allocates a whopping P13.6 billion this year for its water and waste-water infrastructure projects.
“We start the year right by providing the necessary investments to continue meeting our service obligations and contributing to the job generation efforts of the government,” Ramoncito Fernandez, CEO and new Maynilad President said in a statement Sunday.
This billion peso project can help a lot of Filipinos and the government as well creating 41, 243 jobs. Maynilad is the water service contractor of the Metropolitan Waterworks and Sewerage System (MWSS) for the Greater Manila Area West Zone, which includes certain parts of Manila, Quezon City, Makati, Caloocan, Las Piñas, Malabon, Muntinlupa, Navotas, Paranaque, Pasay and Valenzuela in Metro Manila. Some parts in Cavite such as Bacoor, Imus, Cavite City, Kawit, Noveleta and Rosario are also covered.
The billion peso Maynilad project divides the budget into two parts —
- An estimated 7.5 billion will be used for water infrastructure projects that will ensure sufficient water supply and pressure in the west zone of Metro Manila.
- Almost P4 billion will be spent for operation support programs like the construction, rehabilitation and upgrade of treatment plants, pumping stations and reservoirs and the laying of pipelines for water service expansion.
- Around P2 billion will be used for non-revenue water reduction program that covers meter management, leak repairs, pipe replacements and District Metered Area Management.
- Other expenditures would go to the modernization of data management and information systems, improvement of facilities, development of new water sources and refurbishment of Common Purpose Facilities (CPF) in the Bicte Basins and Ipo Dam.
- The remaining budget approximately P6 billion will be used for waste-water management projects.
- An estimated P4.6 billion will go to the construction of sewage treatment plants in Central Manila and Cavite and the improvement of existing STPs in Quezon City and Central Manila.
- P1.2 billion will be for the construction of conveyance systems for the new STPs and the development of sewerage systems in Quezon City and Valenzuela.
- The rest of the budget for waste-water management would be used for the automation of facilities, lot acquisitions, maintenance and sanitation programs.
- Incredible Travel Innovations That Will Change The Way We Travel Forever - November 18, 2022
- Should You Try Forex Trading? - November 16, 2022
- Bangus Businessman Bags Asia CEO Entrepreneur of the Year Award - October 18, 2022