{"id":332244,"date":"2025-04-21T22:32:51","date_gmt":"2025-04-21T14:32:51","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332244"},"modified":"2025-04-21T22:32:54","modified_gmt":"2025-04-21T14:32:54","slug":"trade-the-news-dmcs-maynilad-invests-p4-79-billion-to-replace-old-pipelines","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-dmcs-maynilad-invests-p4-79-billion-to-replace-old-pipelines\/","title":{"rendered":"Trade the News: DMC’s Maynilad invests P4.79 billion to replace old pipelines"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>DMCI Holdings Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>DMC<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 13.49<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

DMCI Holdings’ subsidiary, Maynilad Water Services Inc. (Maynilad) said it invested about P4.79 billion in 2024 to replace 142 kilometers of aging and leaky pipelines across its concession area.<\/p>\n\n\n\n

The initiative supports the company\u2019s efforts to improve water service reliability and reduce system losses.<\/p>\n\n\n\n

\u201cRehabilitating our inherited pipeline network is central to our long-term water security strategy. By proactively upgrading old infrastructure, we can reduce losses, optimize supply and deliver more consistent service to our customers,\u201d said Maynilad president and chief executive Ramoncito Fernandez.<\/p>\n\n\n\n

The pipe replacement projects were carried out in key areas including Muntinlupa, Las Pi\u00f1as, Para\u00f1aque, Pasay, Makati, Quezon City and Caloocan.<\/p>\n\n\n\n

The upgrade involved replacing pipelines installed between 1986 and 2008, with diameters ranging from 50 mm. to 700 mm.<\/p>\n\n\n\n

Maynilad said because of the pipe replacement, it recovered around 37 million liters per day (MLD) of potable water in 2024, enough to supply over 230,000 customers daily.<\/p>\n\n\n\n

Since its re-privatization in 2007, the company has replaced 3,264 kilometers of old pipelines, equivalent to the distance between the Philippines and Japan.<\/p>\n\n\n\n

This accounts for about 70 percent of the distribution network it inherited from the government, which included sections dating back to the colonial era.<\/p>\n\n\n\n

Maynilad is the largest private water concessionaire in the Philippines by customer base.<\/p>\n\n\n\n

It operates under the Metropolitan Waterworks and Sewerage System (MWSS) as the concessionaire for the west zone of the Greater Manila Area, which includes parts of Manila, Quezon City, Makati, and several other cities and municipalities in Metro Manila and Cavite.<\/p>\n\n\n\n

(News Source: Manila Standard<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-332244","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=332244"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332244\/revisions"}],"predecessor-version":[{"id":332246,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332244\/revisions\/332246"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}