Infrastructure objectives and firms in Philippines 2022? 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. Discover more info 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.

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.

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.

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 at https://megawide.com.ph/.