A successful public transport system is critical in Providing public GOODS, delivering transport efficiency and social inclusiveness, reducing pollution, and benefiting local and national economies.

The Paranaque Integrated Terminal Exchange (PITX), the country's first integrated and multimodal terminal constructed and operated by MWM Terminals, a subsidiary of Megawide Construction Corporation, provides all by ensuring interconnectivity between different transport modes, delivering First-World mobility to the Filipino riding public.

"PITX continues to serve as a key junction for commuters, through additional long-haul trips to various destinations across the country and as a strategic link to the EDSA Bus carousel, resulting in high passenger throughput of more than 106,000 daily as of September," said PITX president Jaime Feliciano.

Indeed, the PITX has become the standard for an organized public transport system in the Philippines that is being replicated in many other areas.

The office towers and sprawling commercial space within the terminal offer a strong value proposition for the more than 100,000 average daily commuters using the PITX.

Megawide designed the terminal as an attractive and everyday choice for commuters, with multimodal connectivity, including train, bus, jeepneys, and TVNS, strengthening its position as a strategic convergence point for workers, students, and travelers.

Meanwhile, Megawide recorded P15.6 billion in revenues in the first nine months of 2023, 47 percent higher than the previous year. As a result, consolidated net income came in at P332.5 million, which reversed the P970.4 million net loss recorded in the same period last year. 

Megawide Continues Road to Recovery

The construction segment recorded a 47 percent increase in revenues to P15.2 billion and contributed the bulk of consolidated revenues at 97 percent.