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November 5, 2024 8:40 pm

Megawide to Aid Construction of PNR Clark Phase 2 Project After ₱2.9 Billion Deal

IMG SOURCE: Rappler

Megawide Construction Corp. is set to become a ready-mix concrete supplier for the PNR Clark Phase 2 — or the Malolos-Clark railway project-package 1 — project after it signed a deal with its joint venture partners.

According to Megawide’s disclosure to the Philippine Stock Exchange,  the firm’s concrete supply arm Batching Plant Unit entered into a subcontracting agreement amounting to ₱2.9 billion with the joint venture of Hyundai E&C, Megawide, and Dong-ah Geological collectively known as HMDJV.

The installation and operation of concrete batching plants along with the supply of ready-mix concrete to the project are all part of the contract. In line with this, Megawide aims to build two mobile batching facilities with rated capacities of 120 and 80 cubic meters per hour.

The firm also plans to integrate an ice plant in the production line to produce stronger and higher quality concrete with minimal curing time.

“The PNR Clark Phase 2 promises to improve transportation of people, goods, and services from Central Luzon to the National Capital Region, with the goal of boosting mobility, trade, and commerce between the two regions,” said Megawide executive vice president Markus Hennig.

“Through our combined expertise in engineering and construction, we would be able to meet and support the demands of the railway project by ensuring operational efficiency and raw material availability, through the steady supply of consistent, high-quality ready-mix concrete,” he added.

Package 1 of the PNR Clark Phase 2 is a flagship project of the Department of Transportation (DOTr) under the government’s “Build, Build, Build” program. Megawide’s business units have also been supporting the project’s construction.

The 54-km PNR Clark Phase 2 project forms part of the 148-kilometer North-South Commuter Railway project, stretching from Laguna to Pampanga, which includes the PNR Clark Phase 1 and PNR Calamba lines. PNR Clark Phase 2 will also feature the country’s first airport railway express service.

 

Source: GMA News

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