5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Maynilad gearing up to tap 2 Cavite rivers for treatment plants

by
February 13, 2024
in Stock
0
Maynilad gearing up to tap 2 Cavite rivers for treatment plants
MAYNILADWATER.COM.PH

MAYNILAD WATER Services, Inc. announced on Tuesday a partnership with the Department of Environment and Natural Resources (DENR)-Environmental Management Bureau and the city government of Imus to harmonize projects related to the rehabilitation and management of two rivers in Cavite.

Maynilad is tapping the Julian and Imus rivers as raw water sources for its two modular treatment plants (ModTPs), the company said in a statement.

“Once fully operational, both plants can serve the water requirements of around 132,000 customers in the area,” the company said.

The partnership aims to conduct periodic community waterway cleanups and mangrove planting, provide cleaning materials for the river rangers, and implement community development projects, it noted.

Last year, the company said it set aside P3.2 billion for building four ModTPs in Cavite. These plants are expected to produce a total of 47 million liters of water every day.

ModTPs are part of Maynilad’s service enhancement program, which aims to tackle water security challenges.

Maynilad serves Manila, except for parts of San Andres and Sta. Ana.

It also operates in Quezon City, Makati, Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, and Malabon. Additionally, it supplies water to the cities of Cavite, Bacoor, and Imus, as well as the towns of Kawit, Noveleta, and Rosario, all located in Cavite province.

Metro Pacific Investments Corp., which has a majority stake in Maynilad, is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld through the Philippine Star Group, which it controls. — Sheldeen Joy Talavera

Previous Post

Early US Fed rate cuts unlikely — financial council

Next Post

Arts & Culture (02/14/24)

Next Post
Arts & Culture (02/14/24)

Arts & Culture (02/14/24)

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    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!

    Recommended

    Hived raises $42m to roll out electric delivery fleet across southern England

    Hived raises $42m to roll out electric delivery fleet across southern England

    July 5, 2025
    Tesla sees UK sales rebound in June as EV market accelerates

    Tesla sees UK sales rebound in June as EV market accelerates

    July 5, 2025
    ‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

    ‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

    July 5, 2025
    “A turning point for education”: James Caan launches bold education reform plan in House of Lords

    “A turning point for education”: James Caan launches bold education reform plan in House of Lords

    July 5, 2025

    Disclaimer: 5GInvestmentNews.com, 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.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.