Maynilad Water Services, Inc. (Maynilad) has allotted more than P8.5 billion for its capital expenditures for 2011.
The West Zone concessionaire has reserved P3.7 billion to expand its service coverage and improve service levels in its concession area. Maynilad will spend the amount for the reinforcement and replacement of primary pipelines, including the completion of pipelaying projects along the Alabang-Zapote and Gen. Tirona highway, which would connect previously unreached customers in the South
Maynilad earmarked P2.6 billion for its Non-Revenue Water (NRW) management program, which includes active leak management, NRW diagnostic, and the establishment, isolation, measurement and rehabilitation of District Metered Areas (DMA) all over the West Zone. For leak management alone, Maynilad has allocated P269 million, and another P981 million for meter clustering and pipe replacement projects.
About P1.6 billion will go to Maynilad’s wastewater program, which will – among other things – fund the San Juan river basin project and the upgrade of the Central Manila sewerage system.
The rest of the 2011 capital expenditures budget will be used for water sources, water production, corporate social responsibility, natural calamity mitigation and other projects.
Maynilad Water Services, Inc. is owned and managed by DMCI-MPIC Water Company, Inc. (DMWCI), a joint venture between Metro Pacific Investments Corporation (MPIC) and DMCI Holdings, Inc. (DMCIHI).
Maynilad’s concession area includes the cities of Manila (all but portions of San Andres & Sta Ana), Quezon City (west of San Juan River, West Avenue, EDSA, Congressional, Mindanao Avenue, the northern part starting from the Districts of the Holy Spirit & Batasan Hills), Makati (west of South Super Hi-way), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila, Cavite City, and the towns of Bacoor, Imus, Kawit, Noveleta and Rosario, all in Cavite Province.