Infrastructure projects and contractors in Philippines right now? 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. See more info at 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.
The Company is already seeing initial signs of recovery in its airport asset the Mactan Cebu International Airport (MCIA), where January-February traffic showed a 170% improvement from the same period in 2021, data from the Mactan Cebu International Airport Authority (MCIAA) show. “The International Air Transport Association (IATA) predicts that global air travel will be 80-90% of its pre-pandemic levels this year and next, with prospects of exceeding 2019 figures by 2024. That being said, this revenge travel should present a huge upside to MCIA, which currently operates at 20-30% of pre-COVID levels,” noted Louie Ferrer, Megawide’s Executive Director for Infrastructure Development and GMR-Megawide Cebu Airport Corporation’s (GMCAC’s) President.
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.
Through the years, Megawide has consistently showed and proved that it has the financial capacity, as well as technical and management capability, to undertake major national infrastructure projects. We will use our experience building infrastructure projects like the passenger terminals in Mactan-Cebu and Clark, as well as operating MCIA, to deliver our promise of having a first class gateway that Manila deserves. Megawide has both in-house and external financing plans, the expertise, and the integrity to deliver on all phases of the NAIA transformation project, just like we did for MCIA. GMR, a world leading airport developer, is Megawide’s partner for Mactan-Cebu International Airport. We plan to replicate our success there in positively turning around NAIA.
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. See more info at https://megawide.com.ph/.