Maynilad Water Services
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|Headquarters||Quezon City, Philippines|
|Manuel V. Pangilinan (Chairman)
Vicorico P. Vargas (CEO)
Herbert M. Consunji (COO)
Sewerage and Sanitation
Maynilad Water Services, Inc. also known as Maynilad is a water and waste water services provider of cities and municipalities of the National Capital Region that forms the West Zone and some parts of Cavite. It is one of the two concessionaires that provide water to Metro Manila in the Philippines, the other one is Manila Water which serves the East Zone.
As part of the water privatization in Metro Manila, the Metropolitan Waterworks and Sewerage System awarded contracts to two companies splitting Metro Manila into a west and east zones. Maynilad Water Services Inc. was formed in 1997 as a partnership of the Benpres Holdings Corporation (now the Lopez Group of Companies) and Ondeo Water Services Inc. after it won the bidding to run the water and wastewater services in the West Zone.
Benpres eventually left the partnership in 2006 to settle a US$240 million debt. Then January 24, 2007, a consortium led by Metro Pacific Investments Corporation and the DMCI Holdings, Inc. took over the company and able to pay the debt by January 2008.
West Zone (Metro Manila)
- Las Piñas
- parts of Quezon City
- parts of Makati
- Cavite City
- parts of Dasmariñas
- parts of Gen. Trias
- parts of Tanza
- parts of San Pedro City
- DMCI – MPIC Water Company (consortium of Metro Pacific Investments Corporation and the DMCI Holdings, Inc.): 83.96%
- Lyonnaise Asia Water Limited: 16%
- About Maynilad retrieved May 2, 2013
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