Manila West draws the crowds
- From: Vol 7, Issue 7 (July 2006)
- Category: General
- Region: Asia
- Country: Philippines
- Related Companies: AES Corporation, Amroc Investments, Ausphil Tollways, Benpres Holdings, DMCI, Macquarie Group, Manila Water Company, Marubeni, Metrobank, Suez and YTL
Interest is especially strong in the eastern part of the city.
Manila’s water authority (the Metropolitan Waterworks and Sewerage System) kicked off the bidding process for its 83.97% equity stake in the Maynilad Water Services on 26 June, attracting 11 local and international companies. Maynilad’s troubled financial past has not deterred investors. Companies to have expressed interest in the sale include AES Corporation and Marubeni.
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