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Maynilad Water Services
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Maynilad Water Services
Maynilad Water Services, Inc., better known as Maynilad, is the water and wastewater services provider of cities and municipalities that form the West Zone of the Greater Manila Area in the Philippines. It is an agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS). Maynilad is one of two private water providers in Metro Manila, the other being Manila Water.
Incorporated in 1997, Maynilad currently serves over 9 million people in the cities of Caloocan, Las Piñas, Malabon, Muntinlupa, Navotas, Parañaque, Pasay, and Valenzuela; along with most of the City of Manila and portions of Quezon City and Makati west of the Metro Manila Skyway. Outside of Metro Manila, in Cavite Province it serves the cities of Cavite, Bacoor and Imus and the municipalities of Kawit, Noveleta and Rosario.
As part of the water privatization in Metro Manila, the Metropolitan Waterworks and Sewerage System awarded contracts to two companies splitting Metro Manila into a west and east zones. Maynilad Water Services Inc. was formed in 1997 as a partnership of the Benpres Holdings Corporation (now the Lopez Group of Companies) and Ondeo Water Services Inc. after it won the bidding to run the water and wastewater services in the West Zone.
Benpres eventually left the partnership in 2006 to settle a US$240 million debt. Then January 24, 2007, a consortium led by Metro Pacific Investments Corporation and the DMCI Holdings, Inc. took over the company and paid the debt by January 2008.
In late 2019, leading figures Manny Pangilinan of Maynilad along with Jaime Augusto Zobel de Ayala of Ayala Corporation-led Manila Water (MWC), were then threatened of arrest by President Rodrigo Duterte due to accusations of syndicated estafa, economic sabotage, among others. This was after MWC won a tariff-related international arbitration against the government. The sequence of events resulted to the renegotation of contracts and for Maynilad's part, culminating to enactment of Republic Act No. 11600 . As part of the franchise grant conditions, as passed by the Congress of the Philippines and concurred by the Duterte, it has to be publicly listed in the local bourse on or before January 2027.
Angat Dam is the main source of water for Metro Manila. It supplies about 90 percent of raw water requirements for Metro Manila through the facilities of the Metropolitan Waterworks and Sewerage System. Maynilad is sourcing its more than 90 percent raw water supply requirement from Angat Dam.
Laguna de Bay is another source of water for Maynilad, mainly serving Muntinlupa and Cavite.
On December 15, 2023, President Bongbong Marcos, assisted by Maynilad president and CEO Ramoncito Fernandez, MWSS administrator, Leonor Cleofas and Manuel Pangilinan inaugurated MWS’ ₱11-billion Poblacion Water Treatment Plant in Muntinlupa. The operation and maintenance of the Laguna Lake Drinking Water Treatment Plant was awarded by MWS to Acciona, CEO José Díaz-Caneja, and D.M Consulting Inc.-DMCI Holdings, Inc. It will process 150 million liters (40×106 U.S. gal) of drinking water a day from Laguna de Bay. On April 15, 2024, it won the “Water Project of the Year” in the London Global Water Awards by Global Water Summit.
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Maynilad Water Services
Maynilad Water Services, Inc., better known as Maynilad, is the water and wastewater services provider of cities and municipalities that form the West Zone of the Greater Manila Area in the Philippines. It is an agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS). Maynilad is one of two private water providers in Metro Manila, the other being Manila Water.
Incorporated in 1997, Maynilad currently serves over 9 million people in the cities of Caloocan, Las Piñas, Malabon, Muntinlupa, Navotas, Parañaque, Pasay, and Valenzuela; along with most of the City of Manila and portions of Quezon City and Makati west of the Metro Manila Skyway. Outside of Metro Manila, in Cavite Province it serves the cities of Cavite, Bacoor and Imus and the municipalities of Kawit, Noveleta and Rosario.
As part of the water privatization in Metro Manila, the Metropolitan Waterworks and Sewerage System awarded contracts to two companies splitting Metro Manila into a west and east zones. Maynilad Water Services Inc. was formed in 1997 as a partnership of the Benpres Holdings Corporation (now the Lopez Group of Companies) and Ondeo Water Services Inc. after it won the bidding to run the water and wastewater services in the West Zone.
Benpres eventually left the partnership in 2006 to settle a US$240 million debt. Then January 24, 2007, a consortium led by Metro Pacific Investments Corporation and the DMCI Holdings, Inc. took over the company and paid the debt by January 2008.
In late 2019, leading figures Manny Pangilinan of Maynilad along with Jaime Augusto Zobel de Ayala of Ayala Corporation-led Manila Water (MWC), were then threatened of arrest by President Rodrigo Duterte due to accusations of syndicated estafa, economic sabotage, among others. This was after MWC won a tariff-related international arbitration against the government. The sequence of events resulted to the renegotation of contracts and for Maynilad's part, culminating to enactment of Republic Act No. 11600 . As part of the franchise grant conditions, as passed by the Congress of the Philippines and concurred by the Duterte, it has to be publicly listed in the local bourse on or before January 2027.
Angat Dam is the main source of water for Metro Manila. It supplies about 90 percent of raw water requirements for Metro Manila through the facilities of the Metropolitan Waterworks and Sewerage System. Maynilad is sourcing its more than 90 percent raw water supply requirement from Angat Dam.
Laguna de Bay is another source of water for Maynilad, mainly serving Muntinlupa and Cavite.
On December 15, 2023, President Bongbong Marcos, assisted by Maynilad president and CEO Ramoncito Fernandez, MWSS administrator, Leonor Cleofas and Manuel Pangilinan inaugurated MWS’ ₱11-billion Poblacion Water Treatment Plant in Muntinlupa. The operation and maintenance of the Laguna Lake Drinking Water Treatment Plant was awarded by MWS to Acciona, CEO José Díaz-Caneja, and D.M Consulting Inc.-DMCI Holdings, Inc. It will process 150 million liters (40×106 U.S. gal) of drinking water a day from Laguna de Bay. On April 15, 2024, it won the “Water Project of the Year” in the London Global Water Awards by Global Water Summit.
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