Megawide to build two more Megaworld residential projects

Megawide Construction Corp. has bagged two new contracts to build residential towers of Megaworld Corporation – part of the P20-billion new contracts it has been negotiating to bring its order book to P50 billion by the end of the year.

According to Megawide, the multi-billion-peso contracts cover the Uptown Modern in Uptown Bonifacio, and the One Portwood in Newport City across the Ninoy Aquino International Airport (NAIA).

These include civil, structural, and architectural works, as well as mechanical, electrical, plumbing, and fire protection (MEPF) works, adding to the developments both firms worked on in the past.

“We are very excited to again work with Megaworld, who has been our long-standing client… We intend to cultivate this further by providing them products and services that meet their very strict quality and workmanship standards,” Megawide president and chief executive officer Edgar Saavedra said in a statement.

Megawide’s subsidiaries include PH1 World Developers Inc., Megawide Land Inc., Megawide Construction (BVI) Corp., Megawide Terminals Inc., and Megawide International Ltd., among others.

“Our strategic partnership with Megawide has been built on a foundation of trust, and we applaud the consistent excellence they bring to every project,” Megaworld head of operations Jennifer Romualdez was quoted as saying in the same statement. — JMA, GMA Integrated News