# Maynilad and K-Water propose ₱15B water project in New Clark City

Maynilad Water Services and Korea Water Resources Corp. (K-Water) have proposed a ₱15 billion water and wastewater project in New Clark City, Tarlac, over a 25-year term. The consortium was granted original proponent status in September 2026 and expects an award in 2026.

- Type: Partnership
- Announced: 2026-11-09
- Where: New Clark City, Tarlac, Philippines
- Value: $260.0M (15.0B PHP)
- Status: announced
- Products: water and wastewater services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Maynilad Water Services Inc.](https://endata.com/companies/29253.md) (partner)
- [Bases Conversion and Development Authority](https://endata.com/companies/36216.md) (partner)
- [Korea Water Resources Corp. (K-Water)](https://endata.com/companies/95503.md) (partner)

## Sources

- [finance.aseancoverage.com](https://finance.aseancoverage.com/news/maynilad-considers-more-philippine-water-projects-with-k-water/n4402), 2026-11-09: "The companies already have a proposed partnership for a ₱15 billion project covering water and wastewater services in New Clark City, Tarlac, over a 25-year term."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.