METRO Pacific Water Solutions, a water and wastewater technology provider, is aiming to capture a larger share of the local market as it pursues new projects, the company’s president said.
“Right now, we’re serving about less than 10% of the available market. There are many players. But we also want to also expand,” Metro Pacific Water Solutions President and Chief Executive Officer Christopher Andrew B. Pangilinan told reporters on the sidelines of a launch event last week.
Mr. Pangilinan said that the company is looking to expand its wastewater services in Iloilo and Dumaguete, where it already has a presence.
“We also manage the water distribution in Iloilo and Dumaguete. Those are the areas that we’re looking at right now. We want to concentrate first locally,” he said.
According to Mr. Pangilinan, Metro Pacific Water Solutions is exploring new technologies to replace the membrane bioreactor process currently used in its treatment plants.
“We’re looking at new technology since there’s a very rapid evolution for both water and wastewater treatment. Early this year, we’ve been going around, talking to several technology partners, trying to expand the capacity of the company,” he said.
“One concern with sewage treatment plants is the space that is needed. We’re looking at new technologies that can be more compact and more suitable for our market here,” he added.
Some of the company’s clients include contracts with SM Malls, WalterMart, and PLDT Inc.
On Friday, Metro Pacific Water Solutions launched its rebranding from the previous name, Ecosystem Technologies International, Inc., as the company is now 100% owned by Metro Pacific Water.
Metro Pacific Water is the water infrastructure investments subsidiary of Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC).
“We embark on a new chapter with the rebranding of Metro Pacific Water Solutions. This transformation represents our unwavering commitment to delivering sustainable and innovative water solutions for the Filipino people,” Mr. Pangilinan said.
“We are excited to leverage the combined expertise of the old Ecosystem Technologies brand and Metro Pacific Group to create a lasting positive impact on our environment and communities. We remain dedicated to our mission of partnering with the government in protecting the environment and ensuring access to clean water for all,” he added.
Metro Pacific Water Solutions has over 30 years of experience. It offers various services including design, engineering, construction, operation, and maintenance of water and wastewater treatment facilities.
The company has built around 700 plants and is operating over 100 sewage treatment plants nationwide.
MPIC is one of the three key 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 a majority share in BusinessWorld through the Philippine Star Group, which it controls. — Revin Mikhael D. Ochave
