Megawide bags more mass housing projects | Inquirer Business

Megawide bags more mass housing projects

By: - Business Features Editor / @philbizwatcher
/ 05:00 AM October 19, 2020

Megawide director Louie Ferrer and chair/CEO Edgar Saavedra

Construction and engineering firm Megawide Construction Corp. is building over 4,700 additional housing units for Century Properties’ mass housing arm using its proprietary precast system.

The 4,700 row housing units will be built in San Pablo and Calamba, Laguna, and Pandi, Bulacan for Century Properties’ horizontal development arm, PHirst Park Homes.

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“Utilizing precast for our partnership with PHirst Park raises the bar on residential development. Megawide Precast delivers higher standardization and stability compared with conventional construction methodology and traditional concrete. It is highly customizable to the structural specification of clients and reduces construction timelines,” Markus Hennig, Megawide executive business president for business units said in a press statement on Sunday.

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Typically, precast concrete structures that are manufactured offsite enable higher levels of standardization, faster construction time, lower long-term cost, enhanced design and high-quality finish of construction materials.

“At PHirst Park, we guarantee quality yet affordable housing to first-time homeowners and families in safe and secured environments. Megawide has been our partner since 2018 and we look forward to more homes engineered with innovation because it adds value to what we both continue to uphold,” said Ricky Celis, president of PHirst Park.

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PHirst Park’s advocacy for sustainable housing and community developments is seen to complement Megawide’s foray into the horizontal infrastructure space and support its precast capacity expansion plans outside the nation’s capital.

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Megawide Precast has been supplying and installing precast units to almost 4,700 housing units in PHirst Park’s earlier developments in Tanza, Cavite and Lipa, Batangas. With the new contracts, Megawide will help build a total of 9,400 housing units in these five locations starting this September.

Megawide sees precast as the engineering standard for the new normal since materials are prepared, cast, and cured off-site. Hennig also explained that this system would require less manpower on site and faster construction times, enabling clients and contractors to meet the stringent health and safety protocols mandated by the government, particularly for social distancing.

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TAGS: Megawide Construction Corp., MWIDE, PHirst Park Homes Inc. (PPHI)

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