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Manila Water's P2.5-B Hinulugang Taktak STP nearing completion

Manila Water's P2.5-B Hinulugang Taktak STP nearing completion
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Manila Water sustains momentum in hitting sustainability targets

Manila Water sustains momentum in hitting sustainability targets
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Manila Water spends record P13.7 billion in 2021

Manila Water spends record P13.7 billion in 2021
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Manila Water spent record P13.7 B in capex

Manila Water Co. reported that it expanded capital expenditures last year by 28 percent to P13.7 billion from the record P10.7 billion spent in 2020 despite the continued challenges posed by the COVID-19 pandemic.

“This is the highest CapEx record since the privatization of water service in the ....

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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 ....

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