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CEBU CITY, Philippines — A multi-sectoral group seeks to make null and void the Joint Venture Agreement (JVA) between the Cebu City government and the construction giant, Megawide Construction Corp., over the Carbon Market modernization program. The…
CEBU CITY, Philippines — Megawide Construction Corp. will not be shying away from a Congressional probe on the development of the Carbon Market. Louis Ferrer, Megawide’s executive director for infrastructure, said that should the probe push through,…
CEBU CITY, Philippines — The first phase of the Carbon Market modernization is right on track with Megawide Construction Corp. releasing the first looks on the new stalls for Unit II. Louis Ferrer, the Executive Director for…
CEBU CITY, Philippines — Construction giant, Megawide Construction Corp., promises that the interim market where vendors affected with the modernization of the Carbon Market would be transferred will be finished before the end of the year. Megawide…
CEBU CITY, Philippines — Cebu City Mayor Edgardo Labella said there is no impediment in the joint-venture-agreement the city undertook with Megawide Construction Corp. for the modernization of the Carbon Market. This was his response after the groundbreaking…
CEBU CITY, Philippines — Cebu City Vice Mayor Michael Rama has expressed his disapproval over the groundbreaking for the Carbon Market modernization program in a privilege speech delivered shortly after what he called a “hasty” event. Rama,…
CEBU CITY, Philippines — Cebu City should get around P50 million annually once the modernized Carbon Market is operational. According to Louis Ferrer, the executive director for infrastructure of Megawide, this was the agreed minimum guaranty the…
CEBU CITY, Philippines — Megawide Construction Corp., the developer for the modernization of the Carbon Market, assured vendors that the market will remain public. This amid reports that the modernization would constitute a privatization of the public…
CEBU CITY, Philippines — Conglomerate Megawide Construction Corporation will be raising up to P5 billion in funds to implement several government-tied projects. In a press statement dated and submitted on September 30, 2020, to the local bourse,…
Businessman and whistleblower Crisologo Saavedra yesterday requested the Ombudsman to investigate Megawide Construction Corp,, one of the bidders for the P800-million replication project of the Philippine Air Force (PAF) facilities. Speaking in behalf of A. Rivera Construction,…
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