Business World

Maynilad starts building STP in Muntinlupa

- Victor V. Saulon

MAYNILAD WATER Services, Inc. has started building a new sewage treatment plant (STP) in Tunasan, Muntinlupa City, which is expected to serve around 92,000 customers in the area once it begins operation by 2018.

“With the constructi­on of STPs in the Quezon City area complete, we now focus our wastewater investment­s in the south. Maynilad will continue building essential wastewater infrastruc­ture until we provide at least one STP per city and municipali­ty within our West concession area by 2021,” said Ramoncito S. Fernandez, Maynilad president and chief executive officer, in a statement on Monday.

Maynilad said the new facility, once completed, will bring the number of sewage treatment plants within its concession area to 20. It said the Tunasan project’s has a design capacity of 20 million liters per day (MLD), and can serve around 92,000 customers.

The treatment plant has a conveyance system of about 1.4 kilometers that will collect and treat wastewater discharged by residentia­l and semi-business establishm­ents in Barangay Tunasan. The treatment will make it safe for discharge to the ecosystem, the company said.

Maynilad said the Tunasan plant is one of the four company projects funded by the World Bank under the water concession­aire’s program to hasten the provision of sewerage and sanitation services in Metro Manila’s west zone. The other three are being built in Barangay Cupang also in Muntinlupa, in Valenzuela and Pasay.

“Constructi­on of the Tunasan STP is targeted for completion by the second quarter of 2017, and the facility is expected to begin operations by September 2018,” the company said.

Maynilad is an agent and contractor of state agency Metropolit­an Waterworks and Sewerage System for certain portions of the cities of Manila and Quezon City. It also serves west of the south super highway in Makati City as well as Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon.

Outside the metro, it reaches the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite province.

Maynilad is the largest private water concession­aire in the Philippine­s in terms of customer base.

Metro Pacific Investment­s Corp. ( MPIC) and DMCI Holdings, Inc. hold 52.8% and 25.24% interests, respective­ly, in Maynilad. Japanese firm Marubeni Corp. holds a 20% stake, while the balance is held by other shareholde­rs.

MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and Philippine Long Distance Telephone Co. (PLDT). Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in

BusinessWo­rld. —

 ??  ?? AN OFFICE of Maynilad Water Services, Inc. in Caloocan is seen in this file photo.
AN OFFICE of Maynilad Water Services, Inc. in Caloocan is seen in this file photo.

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