Infrastructure constructions and companies in Philippines today? 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. Read even more information at infrastructure in the Philippines. MALASAKIT: We are moved to action by the people and ideas that we care deeply about, such as our families, colleagues. and our desire for a better life for ourselves and our fellow Filipinos.
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.
These efforts were recognized by different international and domestic award giving bodies. Some of our awards for MCIA include: The Medium Airport of the Year in Asia Pacific by the CAPA Center for Aviation among airports with over 10 million annual passengers in 2018; Regional Airport of the Year in 2016 by CAPA, recognizing it as a leader in advancing the local aviation industry; The World Architecture Festival in the Completed Buildings-Transport category in 2019; Ani ng Dangal (Harvest of Honors) Awards – Architecture and Allied Arts of the Philippine government this 2020.
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 even more info on https://megawide.com.ph/.