Megawide, Maplecrest Secures P1.87-Billion Cavite Bus Rapid Transit Project

Cavite is now one of the progressive provinces in the Philippines. Megawide Construction Corporation (Megawide) formally received the Notice of Award dated December 26, 2024 from the Office of the Provincial Governor of the Province of Cavite. The Notice provides that the Company, together with Maplecrest Group, Inc., were selected as the Private Sector Proponents and were awarded the Joint Venture Agreement for the implementation of the Cavite Bus Rapid Transit Project with an estimated total Project cost of approximately P1,870,000,000.

The award is subject to the Private Sector Proponents fulfilling all necessary conditions and submitting required documentation.
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Maplecrest Group Inc. (MGI) was established in April 2013 for the purpose of investing in enterprises that create lasting value by uplifting the life of the common man. Through its subsidiaries, MGI is engaged in the business of property and township development, strategic landbanking, real estate sales and marketing, end-user financing, insurance brokerage, public utilities, and technology-based solutions development and services.

Megawide Construction Corporation is among the most innovative engineering and infrastructure companies in the Philippines. Publicly listed since 2011, Megawide is the private partner of the Philippine Government for major public infrastructure projects such as the PPP for School Infrastructure Project Phases 1 and 2; the multi-year developments of Mactan-Cebu International Airport and the Parañaque Integrated Terminal Exchange; and the construction of Clark International Airport. In 2012, the company established Megawide Corporate Foundation, Inc., a non-profit organization focusing on social development projects.