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Manila Water s capital expenditures hit P13 7-B in 2021

MANILA - Manila Water posted a record high PHP13.7 billion capital expenditures (CapEx) in 2021, surpassing the PHP10.7 billion recorded in 2020. "This is the highest CapEx record since the privatization of water service in the East Zone in 1997," Manila Water spokesperson Jeric Sevlla Jr. said in a statement on Wednesday. He said the increase in capital expenditures was achieved "despite the continued challenges posed by the Covid-19 pandemic." Major components of the investment are the construction of new facilities and networks to expand service coverage, rehabilitation and improvement on existing assets and facilities for both water and wastewater, compliance projects relating to biological nutrient removal (BNR) for wastewater facilities, and the implementation of interim water source projects. These intervening water sources are critical to ensuring water availability in the coming peak demand months during summer, while major new water sources are still being

Manila Water hiked capital expenditures to ₧13 7B

Manila Water said its capital expenditures (capex) in 2021 reached P13.7 billion, topping the P10.7 billion record in 2020, despite the challenges posed by the Covid-19 pandemic. The company said the figure is the highest capex record since the privatization of water service in the East Zone in 1997. In…

Manila Water prepares for summer months

Manila Water Company has put into motion its water supply contingency and augmentation plans in preparation for the coming summer months and in light of lower-than-projected levels at Angat Dam. The firm said in a statement that it is working and coordinating closely with the Metropolitan Waterwork

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