Infrastructure projects 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. See additional info on infrastructure in the Philippines. TEAMWORK: We are all on the same team, driven by the same purpose. We help fuel each other’s ideal, support each other’s efforts, and trust each other instead of competing against one another.
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.
Engineering and innovation have been at the heart of Megawide’s transformation and vision since its inception. For more than two decades, the Company has been providing world-class structures and services to the Filipino people through its engineering and construction excellence and infrastructure innovation. These include projects under the government’s Private Public Partnership (PPP) program, which underwent a strict, transparent, and fair selection and evaluation process, and operate in compliance with all applicable laws, rules, and regulations.
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. Find extra information at megawide.com.ph.