Best rated infrastructure objectives and firms in Philippines? 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 on infrastructure 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.
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.
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.
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 extra details at https://megawide.com.ph/.