Maynilad invests P25.75B in water infrastructure upgrades

Maynilad Water Services Inc. announced Tuesday that it invested P25.75 billion in 2024 to upgrade water and wastewater infrastructure.

The company allocated P7 billion of its capital expenditure (capex) to improve sewerage systems, including ongoing projects such as the construction of Caloocan Water Reclamation Facility and Las Piñas WRF, and upgrading seven wastewater treatment facilities in Muntinlupa, Pasay, Quezon City, and Manila.

Maynilad also spent P6 billion on its Non-Revenue Water reduction program, which involved replacing 142 kilometers of aging pipes and recovering 158 million liters of water per day, as well as P6.5 billion for constructing and rehabilitating key water facilities like the Poblacion Water Treatment Plant in Muntinlupa and the Parada Pumping Station in Valenzuela.

The company's president and CEO, Ramoncito Fernandez, emphasized their commitment to delivering safe and reliable water services while ensuring long-term sustainability amid growing demand and climate challenges.

Maynilad serves parts of Metro Manila and Cavite province.