MANILA – Megawide Construction Corporation is preparing to start construction for phase 1 of Malolos-Clark Railway (MCR) project in the second quarter of the year.
The company believes that the government’s roll-out of major infrastructure projects like the MCRP, the North-South Commuter Rail Project-South Line, and the Metro Manila subway system project will be catalysts to jumpstart the economy. For Megawide, this also opened up opportunities for its infrastructure pivot.
“Megawide will continue to leverage on its vertically-integrated construction advantage to deliver much-needed infrastructure projects like the MCRP on time and with high quality and excellent workmanship. Together with our partners, we are ready to begin building a first-world railway that every Filipino deserves,” Megawide chairman and chief executive officer Edgar Saavedra said in a statement Tuesday.
The company’s Batching Plant, Formworks and Construction Equipment and Logistics Services (CELS) businesses are gearing up to supply concrete and provide support facilities to the consortium of Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C), Dong-ah Geological Engineering Company Ltd. (Dong-ah), and Megawide after going through and winning a stringent bidding process.
To meet the requirements, Megawide will build two mobile batching plants in the area to ensure efficient production and delivery of high-quality ready-mix concrete, while the formworks segment has already begun the installation of temporary facilities at the project site to house various equipment.
The combined contracts for the services are over PHP3.1 billion to PHP2.9 billion for the supply of concrete materials, PHP152 million for the provision of temporary facilities, and another PHP59 million for the initial equipment supply contract.
Megawide continues to increase the capacity of its ancillary business units under its engineering, procurement, and construction (EPC) platform to complement its state-of-the-art pre-cast technology.
It operates a 20-hectare industrial facility in Taytay, Rizal, which houses its main pre-cast plant, other ancillary business, and a vast stockyard. The company also maintains mobile and strategic site-based batching and pre-cast plants for large-scale projects.
“We believe that on top of our expertise in construction and engineering services, our wide array of integrated EPC services attracts foreign partners as it also gives them access to world-class facilities and products at very competitive prices. This is our gameplan all along and we are seeing the benefits as we are able to realize the value along the supply chain,” Saavedra said.
The MCRP is part of the 17-kilometer North-South Commuter Railway project of the Department of Transportation that will link the New Clark City and the Clark International Airport to Metro Manila and nearby cities. (PR)