BUSINESS
Advocates Philippines
Marcos Hails Maynilad's Stock Market Debut As A Milestone For Economy And Water Sector
Photo credit: PCO
President Ferdinand R. Marcos Jr. on Friday hailed the public listing of Maynilad Water Services, Inc. as a landmark moment for the country’s water sector, stock market, and overall economy.

Speaking during Maynilad’s Initial Public Offering (IPO) Listing Ceremony at the Philippine Stock Exchange in Taguig City, the President said the company’s entry into the stock market reflects strong investor confidence and underscores the strength of public-private partnerships in delivering essential services.

“We mark today a milestone for our country’s water sector, our stock market, and for our economy. The listing of Maynilad Water Services on the Philippine Stock Exchange is a sign of confidence in our markets and in our people,” President Marcos said.

Maynilad, which serves the West Zone of Greater Metro Manila, provides clean water and sanitation to millions of Filipinos. Through its IPO, the company opens itself to public investment, a move that the President said promotes transparency, accountability, and investor trust.

According to President Marcos, the listing not only strengthens the capital market but also highlights the importance of responsible management of water resources — a key factor in ensuring water security and sustainability.

“So truly, Maynilad’s public listing signals what I have been telling the world: that the Philippines is open, ready, and eager to do business with you,” he added.

The President also commended Maynilad’s sustainability initiatives, including its investments in renewable energy, waste management, watershed protection, and climate-resilient infrastructure — programs that align with the administration’s goal of building an adaptive and sustainable economy guided by good governance.

“To our partners in Maynilad, never lose sight of the people you serve. Be assured the government is always in support of your initiatives, especially now that you have entered this new phase in your service,” President Marcos said.

Maynilad’s IPO has been described by the Presidential Communications Office as the country’s largest listing for 2025 and one of the biggest in Philippine history. Independent market reports, meanwhile, note that it is the largest IPO since 2021, underscoring renewed confidence in the country’s economic outlook.

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