Maynilad Sets ₱5.7-B CapEx For New Water Facilities

West Zone concessionaire Maynilad Water Services, Inc. is setting aside P5.7 billion as capital expenditure (CapEx) budget for new water treatment facilities to produce nearly 97 million liters per day.

Photo Insert: The new facilities are part of the company’s “new water” project that was launched in July last year starting in Parañaque City.

“Ang CapEx na binudget namin diyan (The CapEx that we budgeted) to produce close to 97 million liters per day is 5.7 billion [pesos],” Maynilad president and Chief Executive Officer, Ramoncito S. Fernandez, told reporters in a chance interview.

“[The project is in] phases as it is tied with the wastewater treatment plant so what is laid out now that is starting is in Valenzuela, by the end of the year, and then next year would be in Pasay,” he added.

The new facilities are part of the company’s “new water” project that was launched in July last year starting in Parañaque City. The project aims to convert treated used water from sewerage treatment plants into potable water.

In June, Maynilad received a permanent operational permit from the Department of Health for its “new water” treatment plant in Parañaque City.

Asked about the ease in securing a permit for the facilities, he said: “That’s what we believe so because this is first in the Philippines, first in Asia.”

He said at first, the company struggled to convince regulators, but the project was accepted after efforts to gain public acceptance. Fernandez added that after proving the project’s safety and “that it can be done scientifically, the adoption of the others should be faster.”

The project seeks to generate additional water supply in response to growing demand.

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