MEGAWIDE Construction Corp. aims to pursue more projects this year, including transport infrastructure, as it banks on the confidence of its stakeholders, the company’s chairman said.
MEGAWIDE.COM.PH
According to Mr. Saavedra, the company’s optimism is partly anchored on the government’s rollout of more projects, including rail and real estate.According to some analysts, the Philippine central bank is likely to continue monetary tightening this year as inflation is expected to remain above target until the second quarter.
On the demand side, he said that the company sees the real estate sector, especially the end-user segment in affordable to mid-market housing, to continue to generate healthy sales.
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