Quality infrastructure objectives and companies in Philippines? Megawide is one of the leading engineering and infrastructure firms in the Philippines today, with a decisive portfolio in Engineering, Procurement, Construction and Transport-oriented Development. Its revolutionary construction and engineering solutions set new standards in the industry by integrating its first-world EPC capabilities with innovative construction technologies such as precast, formwork’s systems, concrete batching and construction equipment, logistics, and services. See more information on infrastructure in the Philippines. INNOVATION: we do not fear change but embrace it. Taking the chance to reinvent ourselves and our industry. We keep ourselves open to new ideas and fresh perspectives and look for better ways to deliver our output.
The Company likewise continued with its financial management initiatives, specifically aimed at balance sheet health and optimizing financing costs. As of end December 2021, the Parent Company improved its debt-to-equity ratio to 1.23x from 1.59x pre-pandemic in 2019 and remained well below the 2.33x covenant. The Company also completed the rebalancing of its P24.5 billion project financing at GMCAC in May 2021 and successfully issued P4.0 billion worth of Series 4 Preferred Shares to retire the original and more expensive Company Preferred Shares issued in 2014. “We also turned inward to strengthen our financial position, tapping the capital markets to take advantage of favorable interest rates, as part of our long-term financial management roadmap,” Saavedra said.
Among these are the construction of 10,000 public classrooms under Department of Education’s PPP for School Infrastructure Project, the development of the now internationally-acclaimed Mactan-Cebu International Airport, the delivery of the first-of-its-kind Paranaque Integrated Terminal Exchange, and the construction of the Clark International Airport’s new passenger terminal building, which was completed ahead of schedule, amid the pandemic.
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.
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. Discover additional details at https://megawide.com.ph/.