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Manila Water and Maynilad were ordered to reduce tariffs by 29.47 percent and 4.82 percent respectively in five equal annual tranches over a period of five years, because "the utilities were unable to justify the need for higher rates based on their business and investment plans". [38]
Maynilad Water Services, Inc., better known as Maynilad, is the water and wastewater services provider of cities and municipalities that form the West Zone of the Greater Manila Area in the Philippines. It is an agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS). [1]
The Metropolitan Waterworks and Sewerage System [1] (Tagalog: Pangasiwaan ng Tubig at Alkantarilya sa Kalakhang Maynila), [5] formerly known as the National Waterworks and Sewerage System Authority (NAWASA), is the government agency that is in charge of water privatization in Metro Manila and nearby provinces of Cavite and Rizal in the Philippines.
It is the east concessionaire of Metropolitan Waterworks and Sewerage System during its privatization on August 1, 1997, with its counterpart Maynilad Water Services, Inc. as the west concessionaire. The 25-year water concession agreement inked with MWSS was expected to terminate in 2022. In 2009, its concession agreement with the MWSS was ...
FILE - A Wells Fargo sign stands in front of a branch of the bank in Bradenton, Fla., Tuesday, Feb. 22, 2022. Consumer banking giant Wells Fargo is being ordered to pay $3.7 billion in fines and ...
The Ayalas own the controlling stake in Manila Water, while a company being run by Manuel V. Pangilinan is a shareholder of Maynilad along with the Consunjis. On November 26, 2019, Duterte slammed both private water firms of treating water like a commodity and not as a natural resource.
The Caloocan–Malabon–Navotas (CAMANA) Water Reclamation Facility is a sewage treatment plant under-construction in Caloocan, Metro Manila, Philippines. If completed, it will become the largest sewage treatment plant in the Philippines with a capacity to process 205 million liters (54,000,000 U.S. gal) of used water daily.
In 2015, two consortia were pre-qualified to bid for the undertaking of the Kaliwa Dam project [17] — the SMC-K Water Consortium, which is a partnership between San Miguel Holdings Corp. and Korea Water Resources Corp.; and the Abeima-Datem Consortium, which is a partnership between Albeinsa Infraestructura Medio Ambiento S.A and Datem Inc. [17]
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