By Sheldin Joy Talavera, reporter
The West Zone concessionaire is Maynilad Water Services, Inc. plans to spend up to P30 billion in 2026 to finance water and wastewater projects within its service areas.
“We're looking anywhere between P26 [billion] Up to P30 billion,” said Maynilad Chairman and Chief Executive Officer Ramoncito S. Fernandez. businessworld Last week.
He said the planned capital expenditure would be allocated to projects related to water generation, waste water services and non-revenue water reduction.
The 2026 capital expenditure (capex) is part of the company's P163 billion capital investment program for 2023 to 2027, earmarked for infrastructure projects aimed at sustaining service improvements.
Mr. Fernandez said Maynilad is accelerating the completion of major water infrastructure projects, including the CAMANA (Calocan-Malabon-Navotas) water reclamation facility.
“This year it will be completed as the country's largest waste water plant,” he said.
Located in Maypajo, Caloocan City, the P10.5 billion facility is designed to enhance sewerage services in South Caloocan, Malabon and Navotas by treating 205 million liters of wastewater per day. Once operational, it is expected to serve approximately 1.2 million customers.
Maynilad currently operates 23 wastewater facilities, based on its website.
The company earmarked more than P30 billion for capital expenditures last year as it increased investments in water supply, wastewater and network improvement projects.
Maynilad made its stock market debut in November last year and raised P34.34 billion in the offering, which was the second-largest initial public offering in the history of the exchange.
In the first nine months of 2025, the company reported net income of P11.41 billion, up 18% from a year earlier, supported by higher revenues.
Maynilad is the primary provider of water and wastewater services in the western region, covering 11 cities in Metro Manila, three of which have partial coverage, as well as parts of the province of Cavite.
Metro Pacific Investments Corp., the majority shareholder of Maynilad, is one of the three Philippine subsidiaries of First Pacific Co., Ltd., along with Philex Mining Corp. and PLDT Inc.
Hastings Holdings, Inc., a subsidiary of PLDT Beneficial Trust Fund MediaQuest Holdings, Inc. A unit of, is interested in businessworld Through the Philippine Star Group, which he controls.