Listed Megawide Construction Corp. has secured three new supply-and-build contracts from affordable residential developer Phirst Park Homes Inc., a unit of Century Properties Group Inc. Know more:
Listed Megawide Construction Corp. has secured three new supply-and-build contracts from affordable residential developer Phirst Park Homes Inc., a unit of Century Properties Group Inc.
Through its unit, Megawide said it continues to expand its precast order book by securing more projects in the horizontal housing segment. The company now has 11 projects with Phirst Park and is building a total of about 19,000 units for these sites across Luzon. “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,” Markus Hennig, Megawide executive vice president for pre-cast, said.
Megawide said it 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.
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