MANILA, Philippines — Maynilad Water Services Inc. is pushing for further network buildout in New Clark City, with its board approving investments in a P15-billion joint venture with a Korean firm.

In a regulatory filing on Thursday, the Pangilinan-led group said its board of directors gave the green light for new investments in a public-private partnership project with Korea Water Resources Corp. (K-Water) and the Bases Conversion and Development Authority (BCDA).

READ: Maynilad, K-Water tipped for P15-B JV with BCDA in New Clark City

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Earlier this year, BCDA said it was gearing up for a deal with Maynilad and K-Water, following both parties’ unsolicited offer submitted in October 2025.FEATURED STORIES