Infrastructure constructions and firms in Philippines right now? Megawide is one of the leading engineering and infrastructure firms in the Philippines today, with a decisive portfolio in Engineering, Procurement, Construction and Transport-oriented Development. Its revolutionary construction and engineering solutions set new standards in the industry by integrating its first-world EPC capabilities with innovative construction technologies such as precast, formwork’s systems, concrete batching and construction equipment, logistics, and services. Read extra details at infrastructure Philippines. INNOVATION: we do not fear change but embrace it. Taking the chance to reinvent ourselves and our industry. We keep ourselves open to new ideas and fresh perspectives and look for better ways to deliver our output.
The Company likewise continued with its financial management initiatives, specifically aimed at balance sheet health and optimizing financing costs. As of end December 2021, the Parent Company improved its debt-to-equity ratio to 1.23x from 1.59x pre-pandemic in 2019 and remained well below the 2.33x covenant. The Company also completed the rebalancing of its P24.5 billion project financing at GMCAC in May 2021 and successfully issued P4.0 billion worth of Series 4 Preferred Shares to retire the original and more expensive Company Preferred Shares issued in 2014. “We also turned inward to strengthen our financial position, tapping the capital markets to take advantage of favorable interest rates, as part of our long-term financial management roadmap,” Saavedra said.
Engineering and innovation have been at the heart of Megawide’s transformation and vision since its inception. For more than two decades, the Company has been providing world-class structures and services to the Filipino people through its engineering and construction excellence and infrastructure innovation. These include projects under the government’s Private Public Partnership (PPP) program, which underwent a strict, transparent, and fair selection and evaluation process, and operate in compliance with all applicable laws, rules, and regulations.
These efforts were recognized by different international and domestic award giving bodies. Some of our awards for MCIA include: The Medium Airport of the Year in Asia Pacific by the CAPA Center for Aviation among airports with over 10 million annual passengers in 2018; Regional Airport of the Year in 2016 by CAPA, recognizing it as a leader in advancing the local aviation industry; The World Architecture Festival in the Completed Buildings-Transport category in 2019; Ani ng Dangal (Harvest of Honors) Awards – Architecture and Allied Arts of the Philippine government this 2020.
Designed by world-renowned architect Carlos Ott, Proscenium at Rockwell is a five-tower residential community situated at a 3.6-hectare expanse in Makati City. The five uniquely designed residential towers — Kirov, Sakura, Lincoln, Lorraine, and The Proscenium Residences — are housed with best-in-class amenities and is surrounded by posh retail establishments. Located at the prime location in the Bonifacio Global City, Arthaland Century Pacific Tower is an award-winning iconic structure that has a gross floor area of over 41,790 square meters. It provides businesses with world-class amenities such as a spacious lobby, cafeteria, and a rooftop garden terrace that has a mesmerizing view of the city’s skyline. It is home to various businesses, including multinational firms. Read even more information on megawide.com.ph.
