Megawide supports government ‘Build, Build, Build’ program amid Covid-19 threat; rushes Clark airport completion, other projects
Following a recent pronouncement by the Duterte administration that the government’s infrastructure program will meet its target completions for the year despite the coronavirus disease 2019 (COVID-19), Megawide said it will continue to some PHP20 billion worth of contracts in the next two years, including the completion of the new passenger terminal in Clark, Pampanga that will help decongest Manila’s Ninoy Aquino International Airport. “We’re supporting the government’s plan to provide targeted and direct programs to guarantee that benefits will go to Filipino workers and other affected sectors,” said Megawide Chairman and Chief Executive Officer Edgar Saavedra. “ We’re also fully behind the government’s continuation of the flagship “Build, Build, Build” program that might have stopped at the moment, but will be the lynchpin of the economy’s recovery when the corona virus crisis ends.” Aside from the Clark airport project, Megawide said it is eyeing a combination of office buildings, infrastructures throughout the country, including railways and road projects. The company, together with its partner GMR Infrastructure Ltd. of India, is ahead of schedule in constructing the Clark International Airport’s new passenger terminal building prior to the imposition of the community quarantine in Luzon, Saavedra said.