As it nears its 25th year of providing excellent service not only in the East Zone of Metro Manila and key markets all over the Philippines but also in its international operations, Manila Water feels very proud of being shortlisted as one of the best companies in the forthcoming Global Water Awards.

Pursuant to Section 14 of Republic Act No. 11601, Manila Water Company, Inc. has submitted on March 21, 2022 its notices of acceptance of its 25-year legislative franchise to the Committee on Legislative Franchises of the House of Representatives and the Senate Committee on Public Services.

Manila Water posted consolidated earnings of ₱3.7 billion for 2021, 18% lower than the previous year as the full-year effect of the COVID-19 pandemic impacted customer demand and business operations, even as domestic and international operations outside the East Zone Concession showed improved performance. Despite the challenges, including an ongoing tariff freeze, the Company pushed through with its projects to ensure prudent compliance to regulatory and service commitments, with group CAPEX at nearly ₱17 billion for the year.

The Provincial Government of Pangasinan (PGP) with the consortium of Manila Water Company (MWC), Inc. and its wholly owned subsidiary Manila Water Philippine Ventures, Inc. (MWPV) signed the Concession Agreement and held the groundbreaking ceremony for the 25-year Bulk Water Supply Project that will bring an additional 200 million liters of water per day (MLD) to Pangasinan.

Manila Water posted earnings of ₱3.4 billion for the first nine months of 2021, 6% higher than the same period for the previous year. The improvement was driven mainly by the significant increase in contribution from the Company’s international affiliates and key domestic subsidiaries, as well as lower provisions for income tax in compliance with the CREATE Law.