Maynilad allots P2.2B for pipe replacements
Credit to Author: JORDEENE B. LAGARE| Date: Tue, 23 Jul 2019 16:25:20 +0000
MAYNILAD Water Services Inc. has earmarked about P2.2 billion this year to replace old and leaky pipes to enhance its distribution system and reduce water losses.
In a statement on Tuesday, the West Zone concessionaire said this project covers 312 kilometers of pipes in various parts of the cities of Quezon, Parañaque and Muntinlupa, as well as Bacoor City in Cavite province.
Maynilad expects this project to help them recover about 28 million liters of water a day (MLD), enough to supply the water needs of about 200,000 customers.
“Replacing old pipes is part of the strategy to maximize existing supply for distribution to more areas. This is particularly important now, as we strive to meet the ever-increasing water requirements of a growing population,” Maynilad President and Chief Executive Officer Ramoncito Fernandez said.
As of end-April, Maynilad replaced some 2,355 kilometers of old pipelines within its concession area — about 58 percent of the old distribution system that the firm inherited when it was re-privatized in 2007.
The budget for the pipe replacement is part of the P16.8-billion in capital expenditures (capex) that Maynilad allotted this year and P100 billion for the next five years to improve its services.
Of the total, P11.4 billion would be spent for wastewater management projects; P1.9 billion, to support water operations; P3 billion, for water loss recovery; and the rest, for customer service and information program.
“Maynilad is dedicating a bigger share of this year’s capital investment toward wastewater projects, as we seek to facilitate sewerage coverage expansion in the West Zone,” Fernandez said in an earlier statement.
Majority owned by Pangilinan-led Metro Pacific Investments Corp. (MPIC), Maynilad is the agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone concession area.
It covers the cities of Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon, as well as portions of Manila and Quezon and Makati cities.
Maynilad also services the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite.
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