New precast plants to boost Megawide’s orders to P80 billionMegawide chairman and CEO Edgar Saavedra said the company plans to build new precast plants to hike its capacity. Megawide chairman and CEO Edgar Saavedra said the company plans to build new precast plants to hike its capacity. “Most likely, we will have a big expansion of our capex maybe by the end of the year because we will expand our precast capacity. Megawide expanded its precast production capacity with the opening of a second precast plant in Taytay, Rizal in late 2022 which is capable of producing over 35,000 cubic meters of precast annually. “If this comes in, (Pag-IBIG’s) P10 billion, easily, we’re looking at P70 billion to P80 billion of our order book.

Source: Philippine Star January 18, 2026 16:42 UTC