Best rated infrastructure projects and companies in Philippines? Megawide is a strong partner of the Philippine government through the Public-Private Partnership (PPP) program, with projects such as the Mactan-Cebu International Airport, the Parañaque integrated Terminal Exchange, and the PPP for School Infrastructure Project Phases 1 and 2. Find even more info on infrastructure in the Philippines. INNOVATION: we do not fear change but embrace it. Taking the chance to reinvent ourselves and our industry. We keep ourselves open to new ideas and fresh perspectives and look for better ways to deliver our output.
With a more stable operating environment, the construction segment recorded a net income of P401 million and more than four times the P93 million income posted in the previous year. However, weak results from the other business segments resulted in a consolidated net loss of P893 million, with net loss attributable to equity holders of the Parent tapering to P343 million. “The past two years under the pandemic were very difficult, as our financial performance was severely affected by restricted travel and transport. In addition, the virus’ evolving variants ushered in a fresh set of lockdowns and discouraged a return to normalcy. Amid all these, we relentlessly pursued programs that will strengthen our core businesses and make them more cycle-resistant to deliver for us stable earnings year in and year out,” Edgar Saavedra, Chairman and CEO of Megawide, said.
Megawide Construction Corporation (Megawide or the Company) emerged as the Grand Winner of the United Neon’s Most Innovative Company of the Year during the 12th Asia CEO Awards virtual ceremony held last October 12, 2021. Megawide was initially shortlisted in the Circle of Excellence among 30 entries and bested six other finalists belonging to the elite group. Megawide was also part the Circle of Excellence in the category Multisys Executive Leadership Team of the Year. Asia CEO Awards honors individuals and organizations which made positive contributions to the development of the country’s economic capabilities and international reputation across the globe.
We partnered with GMR, a world leading airport developer, in developing and operating MCIA. We will do the same for NAIA. By combining our strengths, we put our proven talents into good use: serving our people, serving our country. We will modernize, redevelop, and expand Ninoy Aquino International Airport to decongesting the four terminals. This we will do by increasing capacity in both airside and landside facilities, facilitating faster movement between terminals, and improving passenger experience and comfort. We will do this in phases: We will immediately renovate existing airside and landside facilities. On years two and three, we will relocate and replicate existing facilities, construct a new terminal, and enhance parking facilities. Passenger terminals will be enhanced, additional parking facilities built, and a rail-based people mover system (PMS) constructed to connect the terminals on years three to nine.
Megawide has mobile batching plants in large projects in Metro Manila and Cebu. Operations are supported by a fully-computerized and automated system. Features: ; Capable of producing 12,000 psi high-strength concrete, flowing concrete, waterproofing concrete, fiber-reinforced concrete, lightweight concrete, and precast concrete. Maximum of 1% margin of inaccuracy (current European standards are at 3%). Utilizes German-made transit mixers and a chilled water system. Benefits of a Dedicated Batching Plant: Accurate production consistency. Total combined capacity of up to 250 cu.m. of cement per hour. Integrated concrete laboratories ensure high-quality concrete. Equipped with a concrete recycling facility for zero wastage. Air filtration system for minimizing dust release in the area. Discover extra details on https://megawide.com.ph/.