Infrastructure projects and contractors in Philippines right now
June 28, 2022
Infrastructure projects and companies in Philippines right now? Megawide is one of the leading engineering and infrastructure firms in the Philippines today, with a decisive portfolio in Engineering, Procurement, Construction and Transport-oriented Development. Its revolutionary construction and engineering solutions set new standards in the industry by integrating its first-world EPC capabilities with innovative construction technologies such as precast, formwork’s systems, concrete batching and construction equipment, logistics, and services. See additional info at infrastructure Philippines. MALASAKIT: We are moved to action by the people and ideas that we care deeply about, such as our families, colleagues. and our desire for a better life for ourselves and our fellow Filipinos.
Megawide Construction Corporation (“Megawide” or the “Company”) reported consolidated revenues of P15.4 billion in 2021, 21% higher year-on-year, amid a persistent COVID-19 pandemic. The construction segment rallied the group and recorded revenues of P14.3 billion, 32% more than the previous year. The airport and landport businesses, on the other hand, continued to be affected by restricted travel and transport as well as limited economic activities, resulting in weaker financial performances. Consolidated earnings before interest, taxes, depreciation and amortization or EBITDA amounted to P2.84 billion as airport operations generated losses.
Nominations for the Asia CEO Awards 2021 were open to all Philippine-based organizations and individuals and accepted from April 30, 2021 to August 16, 2021 free of charge. This year’s edition drew a total of 514 entrants across all categories, the highest since the event debuted in 2009. The evaluation process also underwent strict scrutiny from the award-giving body’s official knowledge partner, PwC Philippines, and the esteemed Members of the Board of Judges, who are excluded from nominating their own candidates.
Metro Manila, as the nation’s capital region, deserves a gateway befitting its status as the prime business and cultural hub in the country. Drawing on our tried and tested expertise building and operating the Mactan-Cebu International Airport, Megawide submitted a Php109-billion proposal to modernize, redevelop, and expand Ninoy Aquino International Airport. The delivery of the new MCIA led into the transformation of Cebu into an international destination, and spread economic growth beyond the confines of the airport. This has become a source of pride, not only to Cebu, but to the whole country and the Duterte administration.
City of Dreams is a luxurious getaway within Metro Manila. Located at the Entertainment City in Paranaque, the 6.2-hectare luxury resort is home to 938 rooms, 20 regional and international specialty restaurants, a retail boulevard, spas, gyms, and four entertainment venues namely: DreamPlay, CenterPlay, K-Golf and The Garage VR Zone & Food Park. It also hosts the famed “fortune egg,” a golden dome that glimmers with the rays of the sun, making it visible even from afar. Discover more info at megawide.com.ph.