Maynilad connects over 5M customers since re-privatization
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) said it has expanded its water service connections to 1.38 million after connecting 753,206 service accounts or over 5.2 million customers since the company’s re-privatization in 2007.
With its increased service connections, Maynilad now provides potable water to more than 9.5 million people—an increase of 55 percent from the 6.1 million customers it served 11 years ago.
“Having access to potable water should be the least of our customers’ concerns. Hence, we continue to lay the pipelines that will enable is to connect the most far-flung areas in our concession where people still rely on deep wells or expensive water deliveries from vendors,” said Maynilad President and CEO Ramoncito S. Fernandez.
For the first half of 2018 alone, a total of 28,641 new service accounts were added to Maynilad’s distribution network.
These new connections were mostly in Bacoor City (Mambog and Molino), Imus City (Malagasang and Pasong Buaya), Caloocan City (Camarin, Deparo and Tala), and Valenzuela City (Bignay, Karuhatan and Ugong).
For 2018, Maynilad has earmarked more than P9 billion for capital expenditure projects, of which P6.6 billion will be for water infrastructure investments.