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
The United States is considering opening all its ports to fresh pineapple exports from the Philippines
The Department of Agriculture (DA) announced the shipment of Guimaras mangoes to Europe and Hong Kong
Growing advances in robotics and artificial intelligence could disrupt key pillars of the Philippine economy, particularly
Fintech company Maya has partnered with the Commission on Filipinos Overseas to expand digital access to
More than 800,000 motorcycles were sold in the Philippines from January to May as consumers increasingly