Top infrastructure objectives and companies in Philippines? Megawide is one of the country’s most progressive infrastructure conglomerates with a decisive portfolio in Engineering, Procurement, and construction (EPC), Airport Infrastructure, Progressive Property Development, and Renewable Energy. Find even more information on infrastructure 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.
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.
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.
NAIA is presently under pressure to serve 45 million passengers per year. It has exceeded its design capacity of 31 million passengers per year. This has resulted to numerous flight delays, congested passenger terminals, and exasperated passengers. We will gradually expand NAIA’s capacity to accommodate 65 million passengers per year. To decongest the four terminals, we will increase capacity in both airside and landside facilities, facilitate faster movement between terminals, and improve passenger experience and comfort. Megawide is a Filipino construction company with extensive experience in building infrastructure projects such as the Mactan-Cebu International Airport, as well as the new passenger terminal in Clark International Airport.
Built in the Bay Area in Pasay City, DoubleDragon Plaza is a 4.75-hectare prime commercial block that caters to expanding and thriving businesses. It has a leasable space of 280,000 square meters. Current tenants include various retail players, food and beverage shops, and hobby stores. Considered to be the largest and most-advanced precast plant in the Philippines, Megawide’s Precast Plant in Taytay, Rizal utilizes high-quality Japanese and German technologies that enable the company to produce up to 168,000 cubic meter per year. Megawide’s precast services include design and customization, production, delivery, and installation. By using precast materials, construction companies like Megawide can guarantee faster production time, lower long-term costs, and high-quality finishes. Read more information on megawide.com.ph.