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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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Manila Water spends nearly P14B for service expansion - BusinessWorld Online

Manila Water spends nearly P14B for service expansion - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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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… ....

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Sampulna Lauds Task Force Build Back Better Accomplishments

Department of Environment and Natural Resources (DENR) Acting Secretary Jim O. Sampulna expresses his admiration for the success of the restoration projects ....

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