Megawide Keen On Sangley Airport, Commuter Rail Projects

Megawide Keen On Sangley Airport, Commuter Rail Projects


‘Green’ Energy Powers Biodiversity

Energy Development Corporation addresses environmental needs through its initiatives.

STI Launches Student Loan Program With Landbank

If you're one of the students who aren't enrolled yet because you've been hit by the pandemic, then worry no more, STI and LANDBANK are here to help you with your needs.

The World Of 5G Is Within Your Reach With Globe’s 5G-Ready Sims

Globe continues to dominate the new normal with its continuous innovations! Check this out:

DOH Teams Up With P&G, USAID To Reinforce Filipino Health Habits Against COVID-19

DOH partners with P&G Philippines to empower Filipinos to curb the spread of the COVID-19 pandemic through BIDA Solusyon campaign.

Infrastructure conglomerate Megawide Construction Corporation is keen on participating in the development of the Sangley Point International Airport and the North-South Commuter Railway’s (NSCR) south line, as it targets to secure up to PHP25 billion worth of new contracts next year.

Megawide chairman and chief executive officer Edgar Saavedra told reporters over the weekend they would further take part in the government’s massive infrastructure push, particularly airport and railway projects.

Jim Feliciano, Megawide chief business development officer, said they have already obtained a bidding document for Sangley airport development.

“We are looking at potential partnerships but we are studying the terms at this moment because the timelines are quite challenging. Bidding documents were released Oct. 11 and bid submission is Nov. 25, so we are looking into it,” he said.

Megawide is the private partner of the Philippine government for infrastructure projects such as the Mactan-Cebu International Airport (MCIA) and the Parañaque Integrated Terminal Exchange (PITX).

Feliciano further said the tender for seven packages of NSCR’s south line starts next year.

“That’s Tutuban (Manila) all the way to Calamba (Laguna). So we are also interested to participate in the tender of those projects together with our partners or other technical partners,” he said.

Part of the NSCR project is the Malolos-Clark railway, in which Megawide already submitted the “best offer” for its first package.

“We submitted the best bid like in rail project which is quite big. It’s around USD500 million, although we are still waiting for the official award,” Saavedra said.

The NSCR’s south line and the Sangley Point International Airport are among the key flagship projects under the government’s “Build, Build, Build” infrastructure development agenda.

Apart from these projects, Saavedra further said they are eyeing to participate in more rail projects and sewerage treatment plants in partnership with the private sector.

“So in terms of construction, infrastructure, utilities, I think we will be very busy,” he added.

Feliciano said Megawide is “uniquely placed” to participate in the infrastructure program of the government given it is both a developer and a contractor.

“So regardless of the mode of procurement that applies or that is preferred in a particular administration, we can participate. So now it’s mostly ODA or government-funded projects and we can participate as a contractor. But if it is a PPP (public-private partnership) project, and we can also participate as a developer,” he added.

Saavedra said they have diversified their portfolio from just purely constructing buildings.

“Napupunta sa (we go into) rail, nagkakaroon ng mga (we have) utilities, infrastructure, so we expect to see more infrastructures especially south line, mabi-bid out ang mga (it will be bid out and) other infrastructure projects of Build, Build, Build,” he said. (PNA)
Photo Credit:

PCG Records 485 Recoveries Out Of 631 COVID-19 Cases

The number of active cases among PCG personnel stands at 146.

RYOT By Verizon Media Presents The Next Era Of Virtual Fashion Shows

Are you ready for the new normal of fashion shows?

Project Balik Buhay To Keep Workplace Safer For Workers

How can private sectors contribute in the fight against the COVID-19 pandemic? Project Balik Buhay aims to address that.

4 Fresh Songs And Music Videos To Stream From ABS-CBN Music

Revamp your playlist with these fresh releases from ABS-CBN music!

Overseas Filipinos With Covid-19 Now 9,569

The new Toyota Vios is now here! Would you buckle up and buy this ride?

The World Of 5G Is Within Your Reach With Globe’s 5G-Ready Sims

Globe continues to dominate the new normal with its continuous innovations! Check this out:

OWWA: 114K Returning OFWs Back To Their Hometowns

More than 114,000 returning OFWs have been reunited with their families in their respective provinces.

Maldives Is Now Open To Global Tourists

Maldives finally reopened its borders to tourists from all over the world.

MIAA Gets Ready For MECQ

What are the changes observed in the Manila International Airport Authority now that the region has reverted to MECQ?

Darren And Jayda Drop Surprise Collab Single ‘Sana Tayo Na’

Nakaka-relate ka ba sa surprise single nina Darren at Jayda?