Megawide secures P10.1-B Mandani Bay contract

MEGAWIDE Construction Corp. has bagged the engineering procurement contract (EPC) to construct the second phase of the P10.1-billion Mandani Bay Quay waterfront project in Mandaue City, Cebu province.

In a disclosure on Wednesday, the listed infrastructure developer said building this phase of the project initiated by HTLand Inc., a joint venture between Hongkong Land and Taft Properties, would begin this year and was expected to finish in the first quarter of 2023 at the latest.