Company Overview and News


Add MWP
to your dashboard

Headline News

Mactan airport opens door to new international flights

2017-10-17 business.inquirer.net
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. INQUIRER.net FILE PHOTO (3-0)

Build Build Build for our country’s prosperity

2017-10-04 philstar
In establishing inclusive growth in the country, it is vital to foster excellent relations with stakeholders who will work together to create programs to achieve the common goal. Good thing to have a government that is eager to deliver results to its constituents. (20-2)

CPG taps Megawide for housing project

2017-10-04 business.inquirer.net
(From left) Mitsubishi Corporation Manila Branch Department Manager Dennis Macalisang and Mitsubishi Corporation Manila Branch Deputy General Manager Masahiro Nagaoka; PHirst Park Homes Technical Head Kerwin Amar, PHirst Park Homes President Ricky Celis; Century Properties Group, Inc. Chief Operating Officer and PHirst Park Homes Chairman Carlo R. Antonio; Megawide President Edgar Saavedra, Megawide Assistant Vice President for Precast Einstein Chiu and Megawide Precast Sales Manager Jeralbine Nuguid. (4-2)

Megawide sees earnings upswing in H2

2017-09-18 business.inquirer.net
Construction and engineering firm Megawide Construction Corp. sees a recovery in earnings this second semester to bring full-year net profit 12-14 percent higher than the level posted last year. (3-0)

Megawide eyes foreign partners for projects

2017-09-18 bworldonline
DIVERSIFIED engineering and construction conglomerate Megawide Construction Corp. is bullish on the government’s aggressive infrastructure campaign, as it seeks to participate in the construction of road, bridges, and railway projects throughout the country.  (3-0)

Megawide sees 12-14% profit growth

2017-09-18 business.inquirer.net
Construction and engineering firm Megawide Construction Corp. expects a recovery in earnings this second semester to bring full-year net profit 12-14 percent higher than the level posted last year. (3-0)

Co-founder ups stake in Megawide

2017-08-16 business.inquirer.net
Edgar Saavedra, co-founder and president of engineering and construction firm Megawide Construction Corp., has consolidated his interest in the company by acquiring an additional 14.67-percent stake for about P5.68 billion.

Megawide parent sells P5.7-B stake to new affiliate

2017-08-16 philstar
MANILA, Philippines -  Citicore Holdings Investment Inc. (CHII), the parent company of Megawide Construction Corp., has sold its 313.8 million shares in the listed construction firm to newly-formed company Megacore Holdings for P5.7 billion.

Co-founder’s stake in Megawide consolidated

2017-08-16 business.inquirer.net
The co-founder and president of engineering and construction firm Megawide Construction Corp. has consolidated interest in the company by acquiring an additional 14.67 percent stake for about P5.68 billion.

Megawide seals P14B 8990 construction deal

2017-08-16 business.inquirer.net
L-R Megawide president Edgar Saavedra, VP for operations Ronald Paulo, 8990 chair Mariano Martinez Jr and 8990 COO Willibaldo Uy ink the P14B Urban Deca Homes Ortigas deal

Megawide to bid for Clark airport construction

2017-08-13 philstar
MANILA, Philippines -  Megawide Construction Corp. has expressed interest in the bidding for the engineering procurement and construction (EPC) of the Clark international airport passenger terminal.

Megawide sets sights on prospects in Asia

2017-08-12 philstar
MANILA, Philippines - Megawide Construction Corp., which has prequalified as a contractor for a new airport in India, is also studying opportunities in other countries in Asia.

PH firm eyes $300-M airport project in India

2017-08-11 business.inquirer.net
Megawide Construction Corp. is pursuing a construction project in India—its first overseas—as it builds on a relationship with its Indian partner in the Mactan Cebu International Airport.

The Curve: ‘Sexy’ BGC office tower attracts more locators

2017-08-10 philstar
MANILA, Philippines - As with other buildings designed by world-renowned architectural firm Skidmore Owings and Merrill, the 32-story The Curve in Bonifacio Global City is highly likely to become an architectural landmark and prestigious office address upon completion in October this year.

Megawide nets P927M

2017-08-10 business.inquirer.net
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. INQUIRER.net FILE PHOTO

Duterte's "Build, Build, Build" plans hit Philippine peso

2017-08-07 in.reuters
MANILA (Reuters) - Philippine construction firm Teravera Corp is planning to raise a fourth dollar loan in a year, after borrowing around $2.5 million to buy dozens of excavators, road rollers and dump trucks from China, South Korea and Japan.

MPIC to bid for Clark airport operations, maintenance

2017-07-16 philstar
MANILA, Philippines -  Metro Pacific Investments Corp. (MPIC) is joining the planned bidding of the operations and maintenance of the Clark International Airport in Pampanga.

Megawide dips into railways via PNR's Metro Manila line

2017-07-13 philstar
MANILA, Philippines - Megawide Construction Corp. will mark its foray into railway development through a partnership with the East -West Rail Transit Corp. and Alloy MTD. (0-1)

Megawide buys into Diliman-Espana railway project

2017-07-12 business.inquirer.net
Construction and infrastructure group Megawide Construction Corp. has acquired a controlling stake in the PNR East-West Railway project (EWRP), which involves putting up a 9.77-kilometer railway line from Diliman, Quezon City along the corridor of Quezon Avenue up to Espana Boulevard in Manila.

Megawide power unit secures hydro contracts

2017-07-05 business.inquirer.net
Citicore Power Inc. has secured from the Department of Energy service contracts for five hydro projects in Southern Luzon with an expected combined capacity of 2,300 megawatts.

GMR Infrastructure hits 1-year high on plans to bid for airport in Serbia, Jamaica

2017-06-21 moneycontrol
Shares of GMR Infrastructure touched 52-week high of Rs 20.75, gains 3.7 percent intraday Wednesday as it is going to bid for airport in Jamaica and Serbia.

GMR plans to bid for airport projects in Serbia, Jamaica

2017-06-21 moneycontrol
Bengaluru-based diversified GMR group plans to bid for airport projects in Serbia and Jamaica as it seeks to expand its airports business to more overseas countries.

GMR plans to expand international airport business with projects in Serbia, Jamaica

2017-06-20 livemint
GMR Airports has qualified to bid for the expansion and modernization of Nikola Tesla Airport of Belgrade, Serbia, and Kingston Airport in Jamaica

Gov’t shelves private bids for new airports

2017-06-18 philstar
MANILA, Philippines -  The government has put on hold unsolicited proposals for new airports to serve Manila as it focuses on measures that can be undertaken immediately to address congestion at the country’s main international gateway.

Group offers to build new Cebu runway, terminal

2017-06-11 business.inquirer.net
The private group that runs the Mactan Cebu International Airport (MCIA) submitted a massive unsolicited offer to build a second runway and a third passenger terminal in Cebu—a bet aimed at turning MCIA into a global hub.