- CEO
- Roberto Jose R. Locsin
- Full Time Employees
- 2,616
- Sector
- Utilities
- Industry
- Regulated Water
- Address
- MWSS Administration Building Quezon City Philippines 1105
- IPO Date
- Aug 17, 2012
- Business
- Manila Water Company, Inc. (MWTCY) operates as a leading water and wastewater services provider in the Philippines, delivering water treatment, distribution, sewerage, and sanitation services across the East Zone of Metro Manila and Rizal Province to over 7.3 million residential, commercial, and industrial customers in 23 cities and municipalities. The company, founded in 1997 and headquartered at MWSS Administration Building, 489 Katipunan Road, Balara, Quezon City, holds a concession agreement with the Metropolitan Waterworks and Sewerage System (MWSS) extended through 2037 and a 25-year franchise under Republic Act No. 11601 effective from 2022; its core offerings span the full water value chain, including bulk water supply, water treatment and distribution networks exceeding 5,600 kilometers, wastewater treatment facilities, septage management with a third plant in Pinugay set for completion by September 2025 serving over 140,000 residents in Rizal, after-the-meter solutions such as pipe-laying and integrated wastewater services via Manila Water Total Solutions Corp., and consultancy, engineering, procurement, and construction management for water projects. Through subsidiaries like Manila Water Philippine Ventures, Inc. (MWPV), it manages domestic expansions in bulk water supply (e.g., Clark, Cebu, Boracay, Davao, Ilagan City, Laguna via recent acquisition of Laguna Aquatech Resources Corporation in April 2024 improving coverage from 45% to 55%) and water distribution in areas including Calasiao, Calbayog, North Luzon, and Estate Water for Ayala Land townships; internationally, Manila Water Asia Pacific Pte. Ltd. (MWAP) oversees operations in Vietnam (Thu Duc Water, Kenh Dong Water supplying Saigon Water Corporation), associates in Thailand (Eastern Water) and Indonesia (PT Sarana Tirta Ungaran), and management contracts with Saudi Arabia's National Water Company for North West and Eastern Clusters. Recent developments include the P37.8 billion acquisition of full ownership in WawaJVCo Inc. from Prime Infrastructure and minority shareholders in June 2025, followed by a minority stake purchase in the Wawa Bulk Water Supply Project completed September 2025 to enhance Metro Manila water security with 518 MLD capacity through 2050; the company secured a P10 billion 10-year term loan from China Banking Corp. in November 2024 and prior P17 billion financing in 2023 to fund capital expenditures, alongside P10.1 billion net earnings for January-September 2025 driven by rate adjustments and demand growth. Trident Water holds a 52.16% controlling stake, with Philwater Holdings at 19.01% and Ayala Corporation at 12.26%.