Maynilad says 2025 capex may reach over P30 billion

WEST ZONE water concessionaire Maynilad Water Services, Inc. said its capital expenditure (capex) budget for 2025 could be P30 billion or higher as the company sees a better financial year. “For this year, we’re looking at anywhere between P30 billion and above P30 billion (in capex),” Maynilad President and Chief Executive Officer Ramoncito S. Fernandez