Maynilad on the Mend Rebidding Process Infuses New Life to a Struggling Concessionaire
Chiplunkar, Anand; Dueñas, Ma. Christina; Flor, Mai | May 2008
抄録
In January 2007, the new and all-Filipino partnership of DM Consunji Holdings Incorporated and Metro Pacific Investments Corporation (DMCI-MPIC) took over the reins of Maynilad Water Services, Inc., Metro Manila’s beleaguered water concession. They replaced the almost decade-long partnership of Maynilad’s previous shareholders—Benpres Holdings Corporation, Suez Environment, Lyonnaise Asia Water Pte Ltd, and Metrobank. Exactly 1 year later, the new Maynilad has paid off its remaining foreign debts of about $240 million, allowing them to exit Maynilad’s rehabilitation phase way ahead of its 2013 deadline. In addition, the newly revitalized company has embarked on a 33 billion Philippine Peso (P) capital expenditure program for 2007–2015, with P8 billion eamarked for 2008 alone.
Citation
Chiplunkar, Anand; Dueñas, Ma. Christina; Flor, Mai. 2008. Maynilad on the Mend Rebidding Process Infuses New Life to a Struggling Concessionaire. © Asian Development Bank. http://hdl.handle.net/11540/2490. License: CC BY 3.0 IGO.Keywords
Development
Infrastructure Development
Skills Development
Watershed
Watershed Management
Watersheds
ADB
Development assistance
Infrastructure projects
Sustainable growth
Energy
Infrastructure projects
Sustainable growth
Energy
Infrastructure
Partnership
Mill
Watershed restoration
Experimental watershed areas
Mountain watersheds
Urban watersheds
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