Company Overview and News

DoTr may green-light consortium’s NAIA rehabilitation plan in two weeks

2018-05-25 bworldonline
THE Department of Transportation (DoTr) may grant within the next two weeks the original proponent status (OPS) to the consortium seeking to rehabilitate the Ninoy Aquino International Airport (NAIA).

Consortium cuts period, cost for proposed NAIA rehab

2018-05-22 bworldonline
THE CONSORTIUM formed by some of the country’s conglomerates has submitted a revised proposal to rehabilitate the Ninoy Aquino International Airport (NAIA), cutting the project duration from 35 years to 15 years.

Cebu airport drives Megawide earnings higher

2018-05-22 bworldonline
MEGAWIDE Construction Corp. delivered an 8% improvement in its attributable profit for the first three months of 2018, driven by the double-digit top-line growth from its airport business which offset the seasonally slow construction segment.

8 groups vie for Clark airport O&M contract

The bidding for the operation and maintenance of Clark International Airport in Pampanga province—seen as an alternative to Manila’s congested Ninoy Aquino International Airport—lured big names and one brewing issue, with an interested bidder seemingly disqualified at the onset.

Megawide reports 8% Q1 profit increase

Engineering and infrastructure group Megawide Construction Corp. grew its attributable first quarter net profit by 8 percent year-on-year to P475.29 million, driven by increased contribution from its Cebu airport operations.

Megawide attributable profit grows 8% in Q1

2018-05-21 bworldonline
Megawide Construction Corp delivered an 8% improvement in its attributable profit for the first three months of 2018, driven by the double-digit topline growth from its airport business which offset the seasonally slow construction segment.

Megawide nets P475M

The consortium of Megawide Construction Corp. and India’s GMR Infrastructure Ltd. took over the concession to operate and expand Mactan Cebu International Airport, the country’s second-busiest air facility, in 2014. FILE PHOTO

8990 sets P4.3-B profit target

2018-05-20 bworldonline
MASS HOUSING developer 8990 Holdings, Inc. is aiming to net around P4.31 billion in 2018, banking on the launch of its P35-billion mid-rise condominium project along Ortigas Extension.

Citicore Power purchases five solar power plants

2018-05-20 bworldonline
CITICORE POWER, Inc. (CPI) acquired five solar power plants with a total capacity of 59.9 megawatts (MW) from Armstrong Asset Management Pte Ltd. and its local co-developers, the company said on Sunday.

Gateway airport decision up to future governments — NEDA

2018-05-13 bworldonline
A FUTURE government will end up making the decision to designate a main international gateway airport for Metro Manila, the National Economic and Development Authority (NEDA) said, due to the long timelines for the airports under development around the nation’s capital.

Clark O&M pre-bid conference set for May 21

2018-05-10 bworldonline
THE GOVERNMENT on Thursday invited potential investors to participate in the May 21 pre-bid conference for the operations and maintenance (O&M) contract for Clark International Airport.

Clark International Airport lures business tycoons

Big business groups are eyeing Clark International Airport in Pampanga province, an air gateway north of Manila, which is significantly rising as an investment hub under the current administration.

Widus sees $1-billion expansion in Clark

2018-05-07 bworldonline
KOREAN-LED Widus International Leisure, Inc., the operator of the Marriot hotel chain in Clark, Pampanga, is looking at expanding its hotel projects in the city to total to $1 billion in the next few years.

Megawide-GMR to bid for Clark airport’s O&M

2018-05-06 bworldonline
MACTAN, CEBU — The consortium of Megawide Construction Corp. and India’s GMR Infrastructure Ltd. is joining the bidding for the operations and maintenance (O&M) contract for the Clark International Airport in Pampanga.

BCDA issues invitation to bid for Clark airport O&M

2018-04-30 bworldonline
THE BASES Conversion and Development Authority (BCDA), with the Department of Transportation (DoTr), is inviting bids for the Clark International Airport operations and maintenance (O&M) contract.

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