WEST ZONE water provider Maynilad Water Services, Inc. has spent P1 billion for the replacement of pipelines spanning 133 kilometers in 2020 as part of its initiative to improve service reliability.
The company said in a statement on Tuesday that it had completed the replacement of old and leaky water pipelines in parts of Quezon City, Caloocan, Valenzuela, Navotas, Manila, Pasay, Parañaque, Muntinlupa, Las Piñas, and Cavite.
Maynilad President and Chief Executive Officer Ramoncito S. Fernandez said the company’s pipe replacement efforts provided employment for contractors and suppliers amid the coronavirus disease 2019 (COVID-19) pandemic.
“Despite quarantine restrictions, we pursued our pipe replacement projects so we can sustain service level enhancements for our customers,” he said.
According to the water provider, it has replaced almost 2,700 kilometers of old pipelines since its re-privatization in 2007, equivalent to around 67% of the pipe network it inherited from the government.
Maynilad provides water to areas in the west zone of the National Capital Region such as Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, Malabon, Manila, Makati, and Quezon City, as well as parts of Cavite province including Bacoor, Imus, Kawit, Noveleta, and Rosario.
Metro Pacific Investments Corp., which has a majority stake in Maynilad, is one of three 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 an interest in BusinessWorld through the Philippine Star Group, which it controls. — Revin Mikhael D. Ochave
