Listed construction company Megawide Construction Corp. announced on Monday that it secured its eighth contract with housing developer PHirst Park Homes, Inc. (PPHI). READ:
Under the contract, Megwide will build 1,664 housing units using precast materials in PPHI General Trias in Cavite, the company said in an e-mailed statement.“The contract will further expand Megawide’s precast order book and strengthen its presence in the horizontal housing segment,” the company said.
The company hopes to help address the “perennial housing problem” in the Philippines, Megawide Chairman and Chief Executive Officer Edgar B. Saavedra said.
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