Megawide Construction Corp. has been awarded a P1.2-billion contract to build the Baguio City Integrated Terminal (BCIT) project, a transport hub similar to Parañaque Integrated Terminal Exchange (PITX). The project aims to decongest traffic in Baguio City, a popular tourist destination. BCIT will house 400 buses and cater to 25,000 passengers daily via seven southbound routes. The project is expected to be operational by 2027. Megawide previously built PITX, which contributed P217 million to its revenues in the first semester.
MEGAWIDE LANDS P1.2-B DEAL FOR BAGUIO TRANSPORT HUB
Latest from Business
Grab Philippines is implementing measures to ease holiday travel, including free airport transfers from NAIA Terminal
Globe Telecom and the Bank of the Philippine Islands (BPI) have launched a Proof of Concept
The Department of Agriculture (DA) will raffle off a portion of unused fish import permits to
Vietnam’s rice exports are projected to drop 11.5 percent this year to around 8 million metric
Diesel and kerosene prices were rolled back on Tuesday, with diesel dropping by P2.90 per liter