Maynilad to spend $120m on wastewater projects this year
Maynilad Water Services has assigned more than $120m in funding to expand its wastewater treatment capacity and sewerage coverage this year in the Philippines.
The investment is expected to create 18,397 jobs and will serve nearly 900,000 customers.
Of the $120m, $90m will be used to build sewage treatment plants (STP) in Cavite City and Central Manila, Philippines, while $20m has been earmarked for construction of nearly 15km of conveyance systems in the two regions.
The remaining funding will be used to maintain existing facilities and sanitation programmes in different areas of the West Zone.
After completion, the new plants will have a total wastewater treatment capacity of 160 million litres a day (MLD).
Maynilad president and CEO Ramoncito S Fernandez said: "It is a challenge to implement sewerage projects because of the inconvenience that inevitably results from laying the conveyance systems.
"We ask for the patience of the general public as we aim to facilitate the completion of our wastewater infrastructure, which is necessary to protect community health and the environment."
Funding for the company's wastewater projects will come from local and international bank loans, as well as internally generated funds.
Currently, Maynilad's wastewater projects include three septage treatment plants, 40 pumping stations, 19 sewage treatment plants, 22 lift stations and more than 500km of sewer lines.
Image: The new facilities will have a total wastewater treatment capacity of 160 million litres per day. Photo: courtesy of Maynilad.