Maynilad to spend P186.5M to lay 25 km of pipelines in Valenzuela City | Inquirer Business

Maynilad to spend P186.5M to lay 25 km of pipelines in Valenzuela City

By: - Reporter / @amyremoINQ
/ 10:21 PM March 14, 2012

MANILA, Philippines—Maynilad Water Services Inc., led by Metro Pacific Investments Corp. and DMCI Holdings, will spend P186.5 million to lay over 25 kilometers of pipelines in Valenzuela City as part of its service expansion program in the northern part of its concession area.

In a statement, Maynilad explained that the infrastructure project would allow the delivery of surface water to more than 7,500 households while connecting some 4,700 new accounts to the company’s water network.

Once the lines are fully energized by the end of April, water availability in areas of Valenzuela City will also increase to 24 hours from 18 hours, while water pressure will also improve to 24 psi (pounds per square inch) from the current 14 psi. It would take about 7 psi for water to reach the second floor of a building, the west zone concessionaire said.

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Since February this year, Maynilad has been energizing segments of its newly laid pipelines to benefit several Valenzuela communities, namely Hiyas Homes, Fortune Village 5 to 7, among others. These areas previously relied on groundwater from deep wells.

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“Groundwater over-extraction poses serious long-term threats to communities and the environment. We are accelerating our expansion projects because we want to provide more people with safe and reliable access to surface water,” said Maynilad president and CEO Ricky Vargas.

To lessen inconvenience for motorists, Maynilad said it would closely coordinate with the officials of the subdivisions, concerned homeowners associations, and the city government of Valenzuela to manage the traffic flow along the project areas. The work sites are also properly barricaded, with appropriate lighting and the necessary traffic and warning signs.

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

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TAGS: DMCI Holdings, Maynilad Water Services Inc., Metro Pacific Investments Corp., Philippines - Metro, Valenzuela City, Water production and distribution, Water Supplies

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