Rappler's latest stories on Megawide Construction Corporation
Megawide, Indian partner to compete with 'super consortium' for NAIA rehab
GMR-Megawide's proposal provides a lower project cost and shorter concession period compared to that of the NAIA Consortium, formed by 7 of the country's top conglomerates
Cebu airport operator bags construction deal for new Clark terminal
(UPDATED) The group of Megawide Construction Corporation and Bangalore-based GMR Infrastructure Limited will build a new terminal at the Clark International Airport, which will be able to accommodate an additional 8 million passengers yearly
Megawide's proposed East-West Railway to cost $1 billion
The railway would be an elevated 9.4-kilometer train line from Diliman, Quezon City to Lerma, Manila
Auction for new Clark airport terminal starts
The Bases Conversion and Development Authority names 7 prospective bidders including two Chinese firms once banned by the World Bank as well as the concessionaire of the award winning Mactan Cebu International Airport
Megacore buys 14.67% stake in Megawide for P5.68B
This comes a day after Megawide announced it has bagged a P14 billion construction deal from mass housing developer 8990 Holdings
Megawide on track to hit income target despite slower revenues
Megawide s net income for the 1st half of the year slowed down to P927 million from P985 36 million in the same period a year ago
Megawide group proposes P208-billion Cebu airport expansion
This would make the Cebu airport the only Philippine airport with two independent parallel runways seen to serve annual passenger capacities of up to 50 million
DOTr won't auction off Clark airport rehab
The government will instead redevelop Clark International Airport and later auction off the operations and maintenance of the modernized gateway to the private sector
GMR-Megawide consortium alarmed over Clark airport proposal
The consortium asks the Department of Transportation to clarify why its proposal for the airport was abandoned
Megawide consortium to propose cable cars to ease Cebu traffic
The development of a cable car system will only take 12 to 14 months as it has less infrastructure requirements like right of way says an official of the consortium
Is it Filinvest vs Megawide again for Clark airport development?
The Filinvest JG Summit consortium has a P187 billion proposal Megawide GMR previously submitted a proposal that was discontinued but the DOTr says the project remains open for everyone
Alvarez slams bidding process of 5 PPP regional airport deals
Speaker Pantaleon Alvarez says the operations and maintenance scheme to be implemented for the 5 airports may unnecessarily tie the government s hands
1st PPP rolled out under Duterte: 5 regional airports
Even if these regional airport PPP deals were unbundled they continue to lure big investors
Auction for Nueva Ecija prison postponed for 4th time
This PPP project is part of government efforts to fix the Philippines prison system which the International Centre for Prison Studies ranks as the 4th most overcrowded in the world
South, southwest bus terminals to be opened in 2018
These terminals will be the end point for about 1 642 provincial buses currently entering Metro Manila daily effectively decongesting main thoroughfares
Cebu airport operator sees net income surge by 55%
Megawide Construction Corporation s net income surge is bolstered by its construction business and Mactan Cebu International Airport operations
Airlines launching 4 new int'l flights from Cebu in March
Mactan Cebu International Airport is also recognized as Best Transport Deal in Asia Pacific
Emirates' Cebu-Dubai route to boost passenger traffic at Mactan Airport
By March Emirates will connect travelers in and near Cebu and Clark Freeport in Pampanga to the Middle East Africa Europe and the Americas via Dubai
Megawide group completes 1st school PPP deal
Over 400 000 students in Ilocos Central Luzon and Calabarzon regions will be welcomed with newly built classrooms
Auction of Veterans Memorial transport hub in 2016
In terms of project cost Transportation Secretary Joseph Emilio Abaya says ITS North will be a bit higher than the P4 billion 84 99 million ITS South Terminal PPP deal
Megawide terminates PH Orthopedic modernization project
Megawide says this is because the health department has not yet given the certificate of possession for the project site
Filinvest, Ayala battle for P4B ITS-South terminal project
Datem the consortium of Megawide and WM Property Management opts out of the bidding for the Integrated Transport System ITS South terminal Project
San Miguel, Megawide group qualify to bid for reg'l prison PPP
The new facility will accommodate 26 880 inmates and will include staff housing administrative buildings and areas for rehabilitation
Megawide quadruples spending budget for 2015
Megawide has roughly P8 billion 177 31 million in cash earmarked for various identified public private partnership projects says its CFO Oliver Tan
San Miguel, DMCI, Megawide eye regional prison in Nueva Ecija
The winning bidder will finance design build and maintain the prison facility for 23 years
PH sticks to bundled plan for 5 regional airports project
Some of the top Philippine conglomerates and world s aviation experts have partnered to bag the bundled regional airports PPP deals
Mactan-Cebu airport terminal construction starts June 30
The new terminal is seen to increase the airport’s passenger capacity to 12 5 million a year from the current 4 5 million
Mactan-Cebu airport upgraded with P49M navigational system
The country’s second busiest airport will be installed with a DVOR DME equipment to aid pilots during bad weather and low visibility situations
SEC okays Megawide P7B preferred share sale
Megawide says funds from the activity will be used for its projects like the Mactan airport
Gov’t turns over Mactan airport to Megawide-led consortium
The transition paves way for the P17 5 billion expansion project of the international airport but a business group asks the Supreme Court to stop it
Megawide consortium borrows P2.9B to modernize PH Orthopedic
The consortium is still working on another P1 billion loan for the long term lease of hospital equipment
Megawide strengthens 200-MW power generation portfolio
For its first project the company will break ground this year a 3 5 megawatt biomass project in Northern Luzon
Megawide goes into power generation
The listed company partly owned by tycoon Henry Sy signs an agreement with PhilCarbon to develop a portfolio of renewable energy projects
What goes into the building of classrooms
For Education Secretary Bro Armin Luistro building classrooms goes beyond meeting targets
