"Our commitment is such that we have allotted the largest portion of this year's capital expenditure budget
to wastewater management for programs aimed to protect the health and sanitation of our customers and the environment," Maynilad president and chief executive officer Ramoncito Fernandez said.
With a planned capital expenditure budget
of 1.7 trillion yen ($16 billion) during the period, the company could cut between 170 billion to 340 billion yen ($1.6 billion to $3.2 billion) in spending.
According to Kandorozu the CoW once again responded that they were waiting for the Ministry of Urban and Rural Development to approve the Capital Expenditure budget
that also includes salary and wages, and only after that approval of the budget will they submit an item to the council for a mandate to negotiate.
For the remainder of 2019, we are taking a disciplined approach to our spending and we have reduced our 2019 capital expenditure budget
from $80 million to $41 million.
In particular, we will invest the majority of our $475 million capital expenditure budget
in 2019 to acquire thirteen Boeing 767-300s.
The assets are expected to generate approximately USD 44.9m in cash flow from operations (unhedged) during the second half of 2019, with an estimated second half capital expenditure budget
of USD 15.6m.
ICTSI's capital expenditure budget
of $380 million this year is about the same as the original budget last year, although actual spending last year came in at only $261.3 million due to delays in construction works.
He added that N9.0billion capital expenditure budget
proposal made by the Academy for 2019 fiscal year was reduced to N8billion by the Ministry of Budget and National Planning.
The company is looking at a capital expenditure budget
of about P5.9 billion, which is more than double last year's of P2.8 billion.
We are on track to hit our declared target of achieving approximately AED 190 million in cost savings in 2018 and, as a newly public company, are continuing to exercise a heightened level of discipline in capital investments, resulting in a reduction in our capital expenditure budget
compared to 2017.
We are on track to hit our declared target of achieving approximately Dh190 million in cost savings in 2018 and, as a newly public company, are continuing to exercise a heightened level of discipline in capital investments, resulting in a reduction in our capital expenditure budget
compared to 2017," said Saeed Mubarak Al Rashdi, Adnoc Distribution Acting CEO.
*New fuel dispensing facilities include 15 mobile petrol stations Woqod (Qatar Fuel) will add 30 new petrol stations including 15 mobile fuel dispensing facilities in the country in 2018, the company said as it approved a capital expenditure budget
of QR816mn for new projects next year.