Maynilad seeks a way forward
- From: Vol 5, Issue 7 (July 2004)
- Category: General
- Region: Asia
- Country: Philippines
- Related Companies: Barclays Capital, Benpres Holdings, BNP Paribas, Citibank, Fortis, KBC Bank NV, Ondeo/Suez, Thames Water and UFJ
Will anyone buy into Maynilad again? GWI’s Asia correspondent Frederic Blanc-Brude reports from Manila.
Two and a half years of tense bargaining between the Manila West water service concessionaire and the Philippine government could come to an end in the next month if Amendment Number 2 gets the go-ahead. The two contract signatories – Maynilad, owned by Suez of France and the Filipino Benpres Group, and the MWSS, formerly Manila’s public water utility – have ...
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