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Wednesday, July 17, 2024

Megawide bags 3 contracts from PHirst Park Homes

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Infrastructure and engineering firm Megawide Construction Corp. said Friday it bagged three supply and build contracts with affordable residential developer PHirst Park Homes Inc.

Megawide said in a statement unit Precast and Construction Solutions would supply precast materials for PPHI’s new projects in Naic, Cavite; Baliuag, Bulacan; and Tayabas, Quezon.

Megawide has 11 construction projects with PPHI and is building about 19,000 units for these sites across Luzon.

The company said that as of end-December 2022, it had turned over 9,000 residential units since it started its partnership with PPHI in 2018.

PPHI is a joint venture of Century Properties Group Inc. and Japan’s Mitsubishi Corp.

Megawide said the company delivered the housing units to clients at a faster rate and greater efficiency because of its pre-cast technology.

“The challenge in addressing the country’s housing backlog is not in the supply but the speed in which we can build. Our proprietary precast technology allows us to deliver cost-effective units with greater speed and efficiency than conventional methods,” said Megawide executive vice-president for PCS Markus Hennig.

Megawide said it builds an onsite plant for precast molding and concrete batching. It also innovates through proprietary engineering technologies like precast which enables quicker turnaround times, requires less manual labor during construction and lowers long-term project costs.

Production through a controlled manufacturing environment also helps reduce noise and dust pollution in construction sites, it said.

“Megawide’s advantage is this innovative precast methodology that we can easily replicate in other locations for other projects,” said Hennig.

Megawide’s main precast facility in Taytay, Rizal is the largest and most advanced precast plant in the Philippines and one of the largest in Southeast Asia. The plant can produce up to 168,000 cubic meters of precast units a year.

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