Megawide signs contract for Cavite BRT

The coast is clear for infrastructure builder Megawide Construction Corp. to undertake the P1.87-billion development of Cavite's first bus rapid transit (BRT) now that it has received green light to proceed with the project.

- By ELIJAH FELICE ROSALES

In a stock exchange disclosure, Megawide said that the company, together with its joint venture partner Maplecrest Group Inc., has signed with the provincial government of Cavite the contract to develop the Cavite BRT Project.

The joint venture Cavite Rapid Transport Inc. plans to start construction in the first quarter of the year with the hope of partially operating it by the third quarter.

Once opened to the public, the BRT is projected to serve at least 10,000 passengers a day. It will cater mainly to the mobility needs of commuters going around Cavite and moving back and forth to Metro Manila.