Diversified engineering conglomerate Megawide Construction Corp targets to book P24 billion worth of new construction contracts this year, double than what it had in the previous year driven by projects from the private sector.
The value of contracts booked for the year is more than double the P10.8 billion it secured in 2017, with more than half of this already signed during the first quarter of the year.
“Malaki dun yung Clark, P4.9 (billion). The others typical, mga buildings, commercial, private,” Megawide Chief Executive Officer Edgar B. Saavedra said in a press briefing ahead of the company’s annual shareholders’ meeting in Mandaluyong City on Monday, July 2. — Arra B. Francia