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Friday, April 19, 2024

Megawide opens second precast factory in Rizal

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Megawide Construction Corp. said Thursday it opened a second precast plant in Taytay, Rizal that will increase overall production capacity as it vies for more infrastructure projects.

The plant can produce over 35,000 cubic meters of precast annually, adding to Megawide’s current production capacity of 96,000 cubic meters and making it the leading precast manufacturer in the country.

“This new precast facility is designed to produce half-slab products allowing our main plant to focus more on customized and new products. These two plants will complement each other to ensure efficiency in our operations,” said Megawide executive vice-president for business units Markus Hennig in a statement.

The facility will produce half-slabs, a basic precast component used for flooring and horizontal infrastructures such as roads and railways.

Megawide is applying a methodology that enables faster curing time for precast elements and manufactures higher production loads within a shorter period.

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The company said producing precast components in a factory setting ensures higher standardization and lessens the need for manpower by removing conventional works.

It is also more environment-friendly than traditional methods, as it reduces the use of lumber for on-site casting and helps guarantee a higher quality, cleaner finish that is free from wood or joint marks.

Megawide said precast orders were overbooked pre-pandemic in 2019, and with the country’s ongoing recovery, this new precast plant can provide and meet the demand for existing and upcoming projects.

It will ensure the availability of precast for infrastructure projects such as the ongoing Malolos-Clark Railway Project Package 1 and CP-104 of the Metro Manila Subway project, which will begin construction this year.

Alena Mae S. Flores

Megawide also announced it is eyeing more opportunities in the affordable housing space, with precast as its main structural component.

“We believe that the additional production capacity of this plant will boost our operations, especially as business starts to pick up following a more robust economic growth and recovery,” said Hennig.

Megawide participated in the bid for other rail packages and is also in different stages of discussion with several parties to expand its transport-centric developments, which include the country’s first land port, the Paranaque Integrated Terminal Exchange. Alena Mae S. Flores

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