LISTED Megawide Corp. said on Thursday it had acquired a 60 percent stake in the Philippine National Railways (PNR) East-West Railway Project (EWRP), which would involve the construction, operation and maintenance of a 9.77-kilometer railway from Quezon City to the City of Manila. The proposed railway will traverse Quezon Avenue to España Boulevard in Manila, the third most actively used passage in the metro. “Engineering and construction are vital components in any infrastructure project; in fact, they are the basis of Megawide’s capability in infrastructure development. The PNR East-West project will have 11 stations and interconnecting facilities with neighboring railway systems. Established in 2001, Megawide is engaged in the construction of office buildings, houses and condominiums, roads, power plants, bridges, piers, waterworks, railroads and airports, among others.

Source: Manila Times July 13, 2017 17:26 UTC