Maynilad, Manila Water get 10-year concession agreement extension

The extension is from July 31, 2037, to Jan. 21, 2047.

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The ED Council, led by President Marcos, approved the request of the Metropolitan Waterworks and Sewerage System (MWSS) to extend the Revised Concession Agreements of the two major water service providers. The move aims to ensure sustained access to safe, reliable, and affordable water for Metro Manila and surrounding provinces.

The extension aligns the contracts with the legislative franchises of both concessionaires, as mandated by Republic Act Nos. 11600 and 11601.

According to the Department of Economy, Planning, and Development (DEPDev), the extension is expected to accelerate capital investments, minimize tariff pressures, and secure long-term water supply. It is also projected to generate additional government revenues amounting to ~50.3 billion.