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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.
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.
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.
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
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.
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.
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.
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.
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
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.
MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) is joining the planned bidding of the operations and maintenance of the Clark International Airport in Pampanga.
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.
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.
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.
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.
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 Airports has qualified to bid for the expansion and modernization of Nikola Tesla Airport of Belgrade, Serbia, and Kingston Airport in Jamaica
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.
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.
MANILA, Philippines - The operator of the Mactan-Cebu International Airport (MCIA) has submitted a P200-billion unsolicited proposal for the construction of a second runway and expansion of the airport.
GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, has announced it had been selected to develop, operate and manage the new international Kastelli airport project in Heraklion, Crete island of Greece in partnership with Greek infrastructure major TERNA s.a., part of GEK TERNA Group.
Metro Pacific Investments Corp. is set to announce its largest investment in Mindanao—a major infrastructure project—appearing to buck worries that business prospects in the southern Philippine island would be hurt following President Duterte’s declaration of martial rule.
Some members of the Philippine business delegation in the Russia state visit said the new PPP route raises questions. PCOO/Released, File
MANILA, Philippines - The government will pursue the expansion of the Davao International Airport by getting funding from official development assistance (ODA) or from its annual budget, the General Appropriations Act (GAA), as it terminated the auction process for the regional airports deal under the public-private partnership (PPP) program.
In this May 17, 2017 file photo, President Rodrigo Duterte arrives at Davao City’s Francisco Bangoy International Airport (MALACAÑANG PHOTO)