Infrastructure constructions and firms in Philippines right now? Megawide is a strong partner of the Philippine government through the Public-Private Partnership (PPP) program, with projects such as the Mactan-Cebu International Airport, the Parañaque integrated Terminal Exchange, and the PPP for School Infrastructure Project Phases 1 and 2. Discover additional details at infrastructure Philippines. MALASAKIT: We are moved to action by the people and ideas that we care deeply about, such as our families, colleagues. and our desire for a better life for ourselves and our fellow Filipinos.
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.
Nominations for the Asia CEO Awards 2021 were open to all Philippine-based organizations and individuals and accepted from April 30, 2021 to August 16, 2021 free of charge. This year’s edition drew a total of 514 entrants across all categories, the highest since the event debuted in 2009. The evaluation process also underwent strict scrutiny from the award-giving body’s official knowledge partner, PwC Philippines, and the esteemed Members of the Board of Judges, who are excluded from nominating their own candidates.
Metro Manila, as the nation’s capital region, deserves a gateway befitting its status as the prime business and cultural hub in the country. Drawing on our tried and tested expertise building and operating the Mactan-Cebu International Airport, Megawide submitted a Php109-billion proposal to modernize, redevelop, and expand Ninoy Aquino International Airport. The delivery of the new MCIA led into the transformation of Cebu into an international destination, and spread economic growth beyond the confines of the airport. This has become a source of pride, not only to Cebu, but to the whole country and the Duterte administration.
Megawide Construction Equipment, Logistics and Services (CELS) delivers superior and cost-effective end-to-end services through an extensive roster of first-world equipment for construction, material handling, earthmoving, concrete delivery, and vehicles for transport and logistics. These world-class construction solutions enable maximum efficiency with shorter timelines. Megawide CELS also provides equipment leasing options to clients. Read more details on https://megawide.com.ph/.