Megawide Construction Corp. (PSE: MWIDE) declares a roaring start to 2018 with the recent awarding of Maynilad’s newest water treatment facility, the 88 MLD Las Piñas Water Reclamation Facility. The design and build contract, valued at more than PhP2 billion, is Megawide’s first water reclamation engineering project.
“The Megawide construction business will continue its expansion this year, starting with Maynilad’s 88 MLD Las Piñas facility,” said group chairman Edgar Saavedra. “We are actively seeking more projects outside the residential and commercial types to expand our portfolio.”
Megawide partnered with Toshiba Group’s UEM India Pvt Ltd (UEM), and local company LinkENERGIE Industries Co. Inc. (LinkENERGIE) to deliver the project’s design and construction components.
“We partnered with UEM and LinkENERGIE to ensure delivery of the highest quality standards. UEM brings solid international experience in creating water treatment facilities and we are looking forward applying their world-class standards to this project,” Saavedra said.
UEM is an international environmental services company that specializes in water and wastewater collection, treatment, and disposal. It has a solid presence in the USA, Trinidad & Tobago, and India. It was acquired by the Toshiba Group in 2015.
This is Megawide’s first water reclamation engineering project. Once complete, the Las Piñas Water Reclamation Facility (WRF) will have a rated wastewater treatment capacity of 88,000 m3/day (or 88 million liters per day). It will treat the wastewater generated within the Las Piñas catchment to a degree that meets DENR Administrative Order (DAO) 2016-08 effluent standards before discharging onto the Zapote River. The project is intended to improve the condition and quality of the bodies of water within the area.
Saavedra says they are consciously looking into projects that have a big impact on nation building following its multi-year diversification plan “This is a project that will greatly benefit Greater Manila and adjacent provinces,” said Saavedra. “We are proud to be a partner of Maynilad in this endeavor and we are looking forward to pursuing more projects in this industry.”
When asked about Megawide’s pipeline, Saavedra hinted that there was more to come in the first quarter of 2018.
“Our construction business is off to a great start this year,” enthused Saavedra. “We have a number of exciting new projects that we will announce very soon.”
Design and other pre-construction work on the Las Piñas facility will begin this January.