Connect with us

Hi, what are you looking for?


Manila Water sets aside P833M for service expansion in Rizal

MANILA Water Co., Inc. is set to spend P833 million this year for service expansion in Rizal province that will include 23 mainline extension projects, the water concessionaire said on Wednesday.

In a statement, the listed company said 11 mainline extension projects will be done in several municipalities in the province, namely: five in Baras, four in Rodriguez, and two in Binangonan.

The water service provider for Metro Manila’s east zone said once the projects are completed, “it would bring an improved water quality and increase water pressure to about 45,205 families in Rizal.”

This year, 10 mainline extension projects are set to be completed in Antipolo City.

“Individualization projects will also be done in Town and Country Executive Village in Antipolo and Aurora Subdivision in Angono,” the company said.

Manila Water has set a P181 billion for capital investments for the period of 2023 to 2027 for its water and wastewater projects.

The company said about P2 billion will be allocated for its service expansion program, which includes service expansion for the underserved and unserved areas in its service area, specifically the province of Rizal.

Last year, Manila Water said that it had installed a total of 33,070 new domestic water service connections, bringing its total water connections to nearly 1.10 million as of end-2022.

On Wednesday, shares in the company rose 3.02% or 60 centavos to close at P19.30 apiece. — Ashley Erika O. Jose

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



Notice of Annual Stockholders’ Meeting Please be notified that the Annual Meeting of Stockholders of Semirara Mining and Power Corporation (the “Corporation”) will be...


San Buena Farm is now able to communicate with its key accounts because of satellite broadband. In the Philippines, agricultural sector contributes 9.4% to...

Editor’s Pick

<?xml encoding=”utf-8″ ??> 2023 has been challenging for business so far, but a new poll of SMEs in England from the Join the Skills...


GENERAL view of a public market in Quezon City, Metro Manila, Philippines, Feb. 9, 2023. REUTERS/Eloisa Lopez THE WORLD BANK downgraded its growth forecast...


Sheets five-dollar bills are seen through a magnifying glass at the Bureau of Engraving and Printing in Washington March 26, 2015. —REUTERS/Gary Cameron/File Photo...


REUTERS HOUSING prices across the Philippines grew at a faster annual pace in the fourth quarter, driven by strong demand for duplex housing units and...

You May Also Like


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.