Premium infrastructure projects and companies in Philippines? Megawide is a strong partner of the Philippine government through the Public-Private Partnership (PPP) program, with projects such as the Mactan-Cebu International Airport, the Parañaque integrated Terminal Exchange, and the PPP for School Infrastructure Project Phases 1 and 2. Read even more info on infrastructure Philippines. MALASAKIT: We are moved to action by the people and ideas that we care deeply about, such as our families, colleagues. and our desire for a better life for ourselves and our fellow Filipinos.
The Company likewise continued with its financial management initiatives, specifically aimed at balance sheet health and optimizing financing costs. As of end December 2021, the Parent Company improved its debt-to-equity ratio to 1.23x from 1.59x pre-pandemic in 2019 and remained well below the 2.33x covenant. The Company also completed the rebalancing of its P24.5 billion project financing at GMCAC in May 2021 and successfully issued P4.0 billion worth of Series 4 Preferred Shares to retire the original and more expensive Company Preferred Shares issued in 2014. “We also turned inward to strengthen our financial position, tapping the capital markets to take advantage of favorable interest rates, as part of our long-term financial management roadmap,” Saavedra said.
Nominations for the Asia CEO Awards 2021 were open to all Philippine-based organizations and individuals and accepted from April 30, 2021 to August 16, 2021 free of charge. This year’s edition drew a total of 514 entrants across all categories, the highest since the event debuted in 2009. The evaluation process also underwent strict scrutiny from the award-giving body’s official knowledge partner, PwC Philippines, and the esteemed Members of the Board of Judges, who are excluded from nominating their own candidates.
Through the years, Megawide has consistently showed and proved that it has the financial capacity, as well as technical and management capability, to undertake major national infrastructure projects. We will use our experience building infrastructure projects like the passenger terminals in Mactan-Cebu and Clark, as well as operating MCIA, to deliver our promise of having a first class gateway that Manila deserves. Megawide has both in-house and external financing plans, the expertise, and the integrity to deliver on all phases of the NAIA transformation project, just like we did for MCIA. GMR, a world leading airport developer, is Megawide’s partner for Mactan-Cebu International Airport. We plan to replicate our success there in positively turning around NAIA.
Designed by world-renowned architect Carlos Ott, Proscenium at Rockwell is a five-tower residential community situated at a 3.6-hectare expanse in Makati City. The five uniquely designed residential towers — Kirov, Sakura, Lincoln, Lorraine, and The Proscenium Residences — are housed with best-in-class amenities and is surrounded by posh retail establishments. Located at the prime location in the Bonifacio Global City, Arthaland Century Pacific Tower is an award-winning iconic structure that has a gross floor area of over 41,790 square meters. It provides businesses with world-class amenities such as a spacious lobby, cafeteria, and a rooftop garden terrace that has a mesmerizing view of the city’s skyline. It is home to various businesses, including multinational firms. Find even more info on https://megawide.com.ph/.