Manila Water Company expanding to Thailand
Publicly listed Manila Water Company, the major water provider for Metro Manila in the Philippines, in which the country’s oldest conglomerate Ayala Corporation holds a significant stake, is entering the Thai market for water distribution, according to Nikkei Asian Review.
In a first step, the firm plans to sign a bulk water distribution contract in eastern Thailand, which could make the kingdom the fourth foreign market for Manila Water Co. after it secured various water projects in Myanmar, Indonesia and Vietnam in a bid to expand region-wide as growth potential on its home market Metro Manila is limited, as are Philippines-wide concessions.
No details have been provided about the contract, but it is said to include water distribution services in Thailand’s Eastern Economic Corridor where the bulk of the country’s industrial and warehouse facilities are located.
At home, Manila Water Co. provides water treatment, water distribution, sewerage and sanitation services to more than six million people in the eastern part of Metro Manila, comprising a broad range of residentia and commercial customers. The Manila concession encompasses 23 cities and municipalities spanning over a 1,400-square kilometer area .
Apart from Manila, the company, through a holding firm, provides water services in Laguna, Boracay, Clark, Cebu, Zamboanga City and Tagum City.
The services include extracting and treating raw water, distributing and selling water, as well as collecting, transporting, treating and disposing used water discharged by the sewerage system. The company also provides water infrastructure and network solutions, as well as industrial water services.
Publicly listed Manila Water Company, the major water provider for Metro Manila in the Philippines, in which the country's oldest conglomerate Ayala Corporation holds a significant stake, is entering the Thai market for water distribution, according to Nikkei Asian Review. In a first step, the firm plans to sign a bulk water distribution contract in eastern Thailand, which could make the kingdom the fourth foreign market for Manila Water Co. after it secured various water projects in Myanmar, Indonesia and Vietnam in a bid to expand region-wide as growth potential on its home market Metro Manila is limited, as are Philippines-wide concessions....
Publicly listed Manila Water Company, the major water provider for Metro Manila in the Philippines, in which the country’s oldest conglomerate Ayala Corporation holds a significant stake, is entering the Thai market for water distribution, according to Nikkei Asian Review.
In a first step, the firm plans to sign a bulk water distribution contract in eastern Thailand, which could make the kingdom the fourth foreign market for Manila Water Co. after it secured various water projects in Myanmar, Indonesia and Vietnam in a bid to expand region-wide as growth potential on its home market Metro Manila is limited, as are Philippines-wide concessions.
No details have been provided about the contract, but it is said to include water distribution services in Thailand’s Eastern Economic Corridor where the bulk of the country’s industrial and warehouse facilities are located.
At home, Manila Water Co. provides water treatment, water distribution, sewerage and sanitation services to more than six million people in the eastern part of Metro Manila, comprising a broad range of residentia and commercial customers. The Manila concession encompasses 23 cities and municipalities spanning over a 1,400-square kilometer area .
Apart from Manila, the company, through a holding firm, provides water services in Laguna, Boracay, Clark, Cebu, Zamboanga City and Tagum City.
The services include extracting and treating raw water, distributing and selling water, as well as collecting, transporting, treating and disposing used water discharged by the sewerage system. The company also provides water infrastructure and network solutions, as well as industrial water services.
