Infrastructure constructions and firms in Philippines 2022? 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. Discover even more information on infrastructure Philippines. INTEGRITY: We treat our colleagues and partners with honestly and respect as we strive to be good people guided by our own conscience and malasakit.
The Company likewise continued with its financial management initiatives, specifically aimed at balance sheet health and optimizing financing costs. As of end December 2021, the Parent Company improved its debt-to-equity ratio to 1.23x from 1.59x pre-pandemic in 2019 and remained well below the 2.33x covenant. The Company also completed the rebalancing of its P24.5 billion project financing at GMCAC in May 2021 and successfully issued P4.0 billion worth of Series 4 Preferred Shares to retire the original and more expensive Company Preferred Shares issued in 2014. “We also turned inward to strengthen our financial position, tapping the capital markets to take advantage of favorable interest rates, as part of our long-term financial management roadmap,” Saavedra 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.
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.
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. See more information on megawide.com.ph.
