Manila Water
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Manila Water Company, Inc. has the exclusive right to provide water and used water (wastewater) services [1] to over six million people in the East Zone of Metro Manila.[2] It is a subsidiary of the country's oldest conglomerate, Ayala Corporation.
Quick Facts Company type, Founded ...
Company type | Public (PSE: MWC) |
---|---|
Founded | January 6, 1997; 27 years ago (1997-01-06) |
Headquarters | Quezon City, Philippines |
Key people | Jocot de Dios (President and CEO) |
Services | Water delivery Sewerage and sanitation |
PHP3.75 billion (2021) | |
Parent | Trident Water Holdings Company, Inc. Ayala Corporation |
Website | manilawater |
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Incorporated on January 6, 1997, Manila Water became a publicly listed company on March 18, 2005. 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 extended by another 15 years up to 2037.