Maynilad News

Maynilad earmarks P16.8B for 2019 Capex projects

Share Via

West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is investing P16.8 billion in capital expenditure (Capex) projects this 2019 for the continued enhancement and expansion of its water and wastewater services.

“Maynilad is dedicating a bigger share of this year’s capital investment toward wastewater projects, as we seek to facilitate sewerage coverage expansion in the West Zone. Accelerating our wastewater projects will require a lot of resources but we are committed to do our part in protecting the health of our customers and the environment,” said Maynilad President and CEO Ramoncito S. Fernandez.

About P11.4 billion—or almost 70% of Maynilad’s P16.8 billion Capex budget for 2019—will be spent for wastewater management projects, to comply with the new and more stringent effluent standards and to maintain network reliability. This amount will be used for the construction of a new sewage treatment plant (STP) in Central Manila, installation of about 30 kilometers of sewer lines in Las Piñas City, upgrade of existing STPs to include nutrient-removal processes, lot acquisitions for new STPs and pump stations,  installation of new sewer service connections,  and maintenance of the existing sewer network.

Meanwhile, to continue enhancing water supply and pressure in the West Zone, about P1.9 billion of the Capex budget has been allocated for water operations support such as the construction of additional pumping stations and reservoirs for better supply management, service expansion programs, and water source projects.

Maynilad is also allocating P3 billion this year for its water loss recovery or Non-Revenue Water (NRW) Management Program. This covers leak detection and repair, meter management, pipe replacements, and network diagnostics, among others.

The rest of the budget will go to the company’s Customer Service and Information Program, which involves modernizing data management and information systems to improve service delivery.

Funding for Maynilad’s infrastructure investments will come from local and international bank loans, as well as from internally generated funds. The water company expects to generate over 49,200 jobs from its P16.8-billion Capex program this year.

Maynilad is the largest private water concessionaire in the Philippines in terms of customer base. It is the agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone of the Greater Manila Area, which is composed of the cities of Manila (certain portions), Quezon City (certain portions), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila; the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite Province.

PHOTO CAPTION: Maynilad has earmarked P16.6 billion for its 2019 Capex projects. Almost 70% of this budget will be spent for wastewater management, in line with company efforts to comply with new and stricter effluent standards. The photo shows the Parañaque STP, currently Maynilad’s newest and biggest wastewater treatment facility.

Bank of Commerce

ONLINE BANKING

Steps/Procedures Unavailable

MOBILE BANKING

Steps/Procedures Unavailable

BancNet

ONLINE BANKING

Steps/Procedures Unavailable

MOBILE BANKING

Steps/Procedures Unavailable

BDO

ONLINE BANKING

1.) Visit www.bdo.com.ph
2.) Click Online Banking Log in
3.) Click on Enroll Now
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the BDO Personal Banking
2.) Click on Enroll Now
3.) Read the Terms and Conditions.
4.) Fill out the needed information
5.) Click Submit

BPI

ONLINE BANKING

1.) Go to BPI Expressonline (www.bpiexpressonline.com) then click on “Enroll Now”.
2.) Select your location from the options provided.
3.) Read the Terms and Conditions.
4.) Submit your deposit account information.
5.) Fill out the EOL REgistration Form.
6.) A confirmation page will appear.

MOBILE BANKING

1.) Download the BPI Mobile App
2.) Click on Log in
3.) Click on Register Now
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Submit

LandBank

ONLINE BANKING

1.) Visit www.lbpiaccess.com.ph
2.) Click on Enroll now
3.) Read the Terms and Conditions.
4.) Fill out the needed information
5.) Click Submit

MOBILE BANKING

1.) Download the Landbank Mobile App
2.) Enroll on lbpiAccess.com
3.) Use the log-in credentials to access the App

EastWest Bank

ONLINE BANKING

1.) Visit www.eastwestbanker.com
2.) Click Log in now and then Personal Account
3.) Click Sign me up
4.) Read the Terms and Conditions.
5.) Follow the steps and fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the Eastwest Mobile Banking App
2.) Click on Sign me up
3.) Read the Terms and Conditions.
4.) Fill out the needed information

MetroBank

ONLINE BANKING

1.) Visit personal.metrobankdirect.com
2.) Click on Sign up now
3.) Read the Terms and Conditions.
4.) Select the account that you would like to enroll
5.) Fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the Metrobank App
2.) Click on Sign up
3.) Read the Terms and Conditions.
4.) Fill out the needed information

Chinabank

ONLINE BANKING

Steps/Procedures Unavailable

MOBILE BANKING

1.) Download the CBS Personal App
2.) Click on Sign up
3.) Read the Terms and Conditions.
4.) Fill out the needed information

PSBank

ONLINE BANKING

1.) Visit www.psbank.com.ph
2.) Click Log in then Personal
3.) Click Register Account
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the PSBANK Mobile App
2.) Click on Sign up Now
3.) Read the Terms and Conditions.
4.) Fill out the needed information

Security Bank

ONLINE BANKING

1.) Visit www.securitybank.com
2.) Click on Log in
3.) Click Enroll Now
4.) Read the Terms and Conditions.
5.) Choose the type of account to enroll
6.) Fill out the needed information
7.) Click Submit

MOBILE BANKING

Steps/Procedures Unavailable

UnionBank

ONLINE BANKING

1.) Visit www.unionbankph.com
2.) Click on UnionBank Online
3.) Click Sign Up Now
4.) Read the Terms and Conditions.
5.) Choose the type of account to enroll
6.) Fill out the needed information
7.) Click Submit

MOBILE BANKING

1.) Download the UnionBank App
2.) Click on Sign up with My Existing Account
3.) Read the Terms and Conditions.
4.) Choose the type of account to enroll
5.) Fill out the needed information

RCBC

ONLINE BANKING

1.) Visit www.rcbc.com
2.) Click on Log in Personal Online Banking
3.) Click Enroll Now
4.) Fill out the needed information
5.) Click Submit

MOBILE BANKING

1.) Download the RCBC App
2.) Click on Register
3.) Read the Terms and Conditions.
4.) Fill out the needed information

UCPB

ONLINE BANKING

1.) Visit www.ucpb.com
2.) Click on Connect Log in
3.) Click on New User
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Register

MOBILE BANKING

1.) Download the UCPB App
2.) Click on Enroll Now
3.) Read the Terms and Conditions.
4.) Fill out the needed information
5.) Click Register