Megawide Construction Corp. on Tuesday said it is preparing to start construction of the Malolos-Clark Railway Project (MCRP) Phase 1 in the second quarter.
The company said its batching plant, formworks and construction equipment and logistics services businesses are gearing up to supply concrete and provide support facilities to the consortium of Korean firms Hyundai Engineering and Construction Co. Ltd., Dong-ah Geological Engineering Company Ltd. and Megawide after going through and winning a bidding process.
To meet the requirements, Megawide will build two mobile batching plants in the area to ensure efficient production and delivery of high-quality ready-mix concrete, while the formworks segment has already begun the installation of temporary facilities that will house equipment at the project site.
The combined contracts for the services is more than P3.1 billion, some P2.9 billion for the supply of concrete materials, P152 million for the provision of temporary facilities and another P59 million for the initial equipment supply contract.
Megawide said it believes that the government’s rollout of major infrastructure projects, like the MCRP, the North-South Commuter Rail Project-South Line and the Metro Manila Subway System Project, will jumpstart the economy.
“Megawide will continue to leverage on its vertically-integrated construction advantage to deliver much-needed infrastructure projects like the MCRP, on time and with high quality and excellent workmanship. Together with our partners, we are ready to begin building a first-world railway that every Filipino deserves,” Edgar Saavedra, Megawide chairman and CEO, said.
Megawide said it continues to increase the capacity of its ancillary business units under its engineering, procurement and construction platform to complement its pre-cast technology.
The company operates a 20-hectare industrial facility in Taytay, Rizal, which houses its main pre-cast plant, other ancillary business and a stockyard. The company also maintains mobile and strategic site-based batching and pre-cast plants for large-scale projects.
“We believe that on top of our expertise in construction and engineering services, our wide array of integrated EPC services attracts foreign partners as it also gives them access to world-class facilities and products at very competitive prices. This is our game plan all along and we are seeing the benefits as we are able to realize the value along the supply chain, which we eventually share with our partners,” Saavedra said.
The MCRP is part of the 17-kilometer North-South Commuter Railway Project of the Department of Transportation that will link the New Clark City and the Clark International Airport to Metro Manila and nearby cities.
