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Infrastructure objectives and firms 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. Find extra 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.

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.

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.

We partnered with GMR, a world leading airport developer, in developing and operating MCIA. We will do the same for NAIA. By combining our strengths, we put our proven talents into good use: serving our people, serving our country. We will modernize, redevelop, and expand Ninoy Aquino International Airport to decongesting the four terminals. This we will do by increasing capacity in both airside and landside facilities, facilitating faster movement between terminals, and improving passenger experience and comfort. We will do this in phases: We will immediately renovate existing airside and landside facilities. On years two and three, we will relocate and replicate existing facilities, construct a new terminal, and enhance parking facilities. Passenger terminals will be enhanced, additional parking facilities built, and a rail-based people mover system (PMS) constructed to connect the terminals on years three to nine.

Megawide Construction Equipment, Logistics and Services (CELS) delivers superior and cost-effective end-to-end services through an extensive roster of first-world equipment for construction, material handling, earthmoving, concrete delivery, and vehicles for transport and logistics. These world-class construction solutions enable maximum efficiency with shorter timelines. Megawide CELS also provides equipment leasing options to clients. See extra details at https://megawide.com.ph/.