Megawide primed for P28.3-B revenues from 4PH venture

MANILA, Philippines — Megawide Construction Corp.’s venture into the government’s flagship housing program could generate P28.3 billion in incremental revenues over the next three years, emerging as a major growth engine for the infrastructure firm. In a report, First Metro Securities and DBS Bank said its estimate covers 16,700 “live-only” units under the Expanded Pambansang Pabahay