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Megawide eyes growth in precast business

San Juan, Metro Manila—Engineering and infrastructure company Megawide wants to build more affordable housing, following recent certification renewal from the Accreditation of Indigenous Technologies for Housing (AITECH). 

Megawide eyes growth in precast business

Striving to be globally-competitive

“Megawide strives to be globally competitive by seeking engineering innovations on top of adherence to world-class building standards,” Megawide chairman Edgar. B Saavedra told the Manila Standard. “Technologies such as precast forms the foundation of strong relationships with our partners as we mutually deliver exceptional value to our projects.” 

Megawide’s precast passed the evaluation of the AITECH committee for the manufacturing of prefabricated concrete products for use in in buildings (residential, commercial, industrial), horizontal housing units, and water retaining structures. 

It meets the criteria for development of government-funded housing projects such as PAG-IBIG, Saavedra claimed.. 

Helping reduce the backlog in affordable housing

This approval cements Megawide’s position as one of the major players in the affordable housing segment, with the long-term objective of alleviating the huge backlog in the country.

Precast systems offer standardization and customization, improved design, and durable structural integrity than traditional construction methods and materials, Saavedra pointed out. Components are manufactured with provisions for fixtures and pipings to achieve cost-efficiency. 

The company’s main precast facility is located in Taytay, Rizal and is considered to be one of the largest and most advanced facilities of its kind in Southeast Asia. 

Megawide eyes growth in precast business

Expansion in precast eyed

Megawideis currently expanding its precast capacity to accommodate market demands through plants located in Cebu and Batangas. Two more plants are being built in Pandi, Bulacan and Calamba,  Laguna.

Topics: Megawide , Accreditation of Indigenous Technologies for Housing , Edgar. B Saavedra
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