LISTED builder Megawide Construction Corp. has earmarked up to P3 billion for capital expenditures (capex) in 2024 and plans to take advantage of the country's continued economic recovery.

"For the group, we're looking at more or less P2.5–P3.0 billion this year," Edgar Saavedra, Megawide chairman, president and chief executive officer, told reporters at the sidelines of a company event on Tuesday.

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