Maynilad Water Services
| 300px | |
| Industry | Public Utility |
|---|---|
| Founded | 1997 |
| Headquarters | Quezon City, Philippines |
|
Key people
|
Manuel V. Pangilinan (Chairman) Ramoncito Fernandez (President and CEO) Herbert M. Consunji (COO) |
| Products | Water Delivery Sewerage and Sanitation |
| Slogan | Higit sa tubig ang aming serbisyo (Our service is more than just water) |
| Website | www.mayniladwater.com.ph |
Maynilad Water Services, Inc. also known as Maynilad is a water and waste water services provider of cities and municipalities of the National Capital Region that forms the West Zone and some parts of Cavite. It is one of the two concessionaires that provide water to Metro Manila in the Philippines, the other one is Manila Water which serves the East Zone.
Contents
History
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 able to pay the debt by January 2008.[1]
Water Source
Angat Dam
Angat Dam is a concrete water reservoir embankment hydroelectric dam that supplies the Manila metropolitan area water. It was a part of the Angat-Ipo-La Mesa water system. The reservoir supplies about 90 percent of raw water requirements for Metro Manila through the facilities of the Metropolitan Waterworks and Sewerage System and it irrigates about 28,000 hectares of farmland in the provinces of Bulacan and Pampanga.
Service area
West Zone (Metro Manila)
- Caloocan
- Las Piñas
- Malabon
- Manila (except southeastern portion)
- Muntinlupa
- Navotas
- Pasay
- Parañaque
- Valenzuela
- Northern and western parts of Quezon City
- Southwestern part of Makati
Cavite
Ownership[2]
- Metro Pacific Investments Corporation: 52.8%
- DMCI Holdings, Inc.: 25.24%
- Marubeni Corp.: 21.54%
See also
References
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Wikimedia Commons has media related to Maynilad Water Services. |
- ↑ About Maynilad retrieved May 2, 2013
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
