COMPANY PROFILE
MANILA WATER COMPANY, INC. ("THE COMPANY" OR "MANILA WATER") IS A PHILIPPINE COMPANY THAT HOLDS THE EXCLUSIVE RIGHT TO PROVIDE WATER AND WASTEWATER SERVICES TO THE EASTERN SIDE (“EAST ZONE”) OF METRO MANILA, UNDER A CONCESSION AGREEMENT (CA) ENTERED INTO BETWEEN THE COMPANY AND METROPOLITAN WATERWORS AND SEWERAGE SYSTEM ("MWSS") IN AUGUST !#. THE COMPANY CURRENTLY SERVES MORE THAN SIX MILLION CUSTOMERS IN THE EAST ZONE. THE EAST ZONE ENCOMPASSES %& CITIES AND MUNICIPALITIES SPANNING A !,'S*UARE ILOMETER AREA THAT INCLUDES MAATI, MANDALUYONG, PASIG, PATEROS, SAN +UAN, TAGUIG, MARIINA, MOST PARTS OF *UEZON CITY, PORTIONS OF MANILA, AS WELL AS THE FOLLOWING TOWNS IN RIZAL ANGONO, ANTIPOLO, BARAS, BINANGONAN, CAINTA, CARDONA, +ALA+ALA, MORONG, PILILIA, RODRIGUEZ, SAN MATEO, TANAY, TAYTAY AND TERESA. THE COMPANY CONTINUES TO EXPLORE NEW BUSINESS OPPORTUNITIES. CONSE*UENT TO THE EXPANSION PROGRAMS OF MANILA WATER AND THE ESTABLISHMENT OF SEVERAL SUBSIDIARIES, THE COMPANY HAS FORMULATED AND IMPLEMENTED TRANSFER PRICING POLICIES. THE POLICIES ENSURE THAT THE INTERCOMPANY TRANSACTIONS ARE DONE AT ARM-S LENGTH AND THAT NO CROSSSUBSIDIES EXIST BETWEEN MANILA WATER AND ITS SUBSIDIARIES. THE TRANSFER PRICES, WHICH ARE BASED ON MARET PRICES, WERE SET FOR ALL EXPENDITURES RELATED TO THE PROVISION OF SERVICES, WORS AND SUPPLIES. THESE INCLUDE SALARIES FOR SECONDED EMPLOYEES, SERVICES FEES FOR RENDERING SUPPORT AND MANAGEMENT SERVICES, RENTAL OF E*UIPMENT, COST OF STAFF TRAINING AND DEVELOPMENT, SUPPLIES AND MATERIALS.
VISION •
OUR VISION IS TO BECOME A LEADER IN THE PROVISION OF WATER, USED WATER AND ENVIRONMENTAL SERVICES WHICH WILL EMPOWER PEOPLE, PROTECT THE ENVIRONMENT AND ENHANCE SUSTAINABLE DEVELOPMENT.
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TO BE THE TOP CHOICE AND LEADING WATER PROVIDER WITH EMPHASIS ON CONSISTENTLY PROVIDING THE BEST *UALITY SERVICES WITH THE HIGHEST STANDARDS OF SAFETY AND PURITY AT VERY COMPETITIVE PRICING. TO BE ABLE TO UNDERSTAND THE CONSUMERS NEEDS AND EXTEND SERVICE THAT IS EFFICIENT AND FLEXIBLE, THEREBY AC*UIRING A DOMINANT STATUS IN THE MARET. TO BE ON THE FOREFRONT OF TECHNOLOGY AC*UISITION AND MANPOWER DEVELOPMENT TO EEP UP WITH MARET CHANGE.
MISSION
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OUR MISSION IS TO CREATE AN EXCEPTIONAL CUSTOMER EXPERIENCE IN THE PROVISION OF SUSTAINABLE SOLUTIONS VITAL TO HEALTH AND LIFE.
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TO FULFILL ITS COMMITMENT TO PROVIDE OUR CONSUMERS BEST *UALITY OF WATER. WE WILL PLAY A VITAL ROLE IN THE WATER SECTOR AND WOR IN HARMONY WITH THE GOVERNMENT TO PROMOTE THE USE OF WATER FOR HEALTHY LIVING, SUPPLYING A CONSISTENT CUSTOMER EXPERIENCE THROUGH INNOVATIVE SERVICES, FOSTERING AN ENTREPRENEURIAL CULTURE THAT ENCOURAGES TEAMWOR, INNOVATION, AND EXCELLENCE, AND CARING FOR COMMUNITY AND THE ENVIRONMENT.
DARIA ALINGOD MA. CHRISTINA LLAMADO DANICA PALCON ERIKA PALATTAO BSAT42FC1
