Megawide unit inks P500-M loan with BPI

By Earl John Alfaro

Jul 31, 2024 12:31 am

PH1 World Developers (PH1WD), the property development arm of listed engineering and infrastructure conglomerate Megawide Construction Corp. (Megawide), has secured a P500-million loan from Bank of the Philippine Islands (BPI) to fund the development of a residential project in Bulacan.

The loan deal was signed last July 16 and the funds will be used to develop the 4.6-hectare, 337-unit Northscapes residential project in San Jose del Monte, Bulacan.

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