{"id":10872,"date":"2020-11-30T05:00:27","date_gmt":"2020-11-29T22:00:27","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=10872"},"modified":"2021-06-04T18:34:30","modified_gmt":"2021-06-04T11:34:30","slug":"propertyguru-philippines-property-awards-honours-edgar-b-saavedra-as-2020-philippines-real-estate-personality-of-the-year","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/propertyguru-philippines-property-awards-honours-edgar-b-saavedra-as-2020-philippines-real-estate-personality-of-the-year\/","title":{"rendered":"PropertyGuru Philippines Property Awards honours Edgar B. Saavedra as 2020 Philippines Real Estate Personality of the Year"},"content":{"rendered":"

With two decades worth of experience in engineering and construction under his belt,\u00a0<\/span><\/span>Edgar has\u00a0<\/span><\/span>successfully\u00a0<\/span><\/span>transformed his<\/span><\/span>\u00a0mid-sized<\/span><\/span>\u00a0firm<\/span><\/span>\u00a0into the<\/span><\/span>\u00a0country\u2019s<\/span><\/span>\u00a0leading conglomerate<\/span><\/span><\/p>\n

\"\"<\/p>\n

Despite the challenges brought by the pandemic, the 8<\/span>th<\/span>\u00a0<\/span>PropertyGuru<\/span>\u00a0Philippines Property Awards set for<\/span>th to continue the annual celebration of the finest in the industry through an in<\/span>novative virtual platform<\/span>.<\/span>\u00a0<\/span><\/p>\n

More than<\/span>\u00a0any other year, 2020\u00a0<\/span>has\u00a0<\/span>brought out the strength and resilience of the\u00a0<\/span>Philippines\u2019 real estate sector\u00a0<\/span>and\u00a0<\/span>the brilliancy of the leaders amidst the crisis<\/span>, battling\u00a0<\/span>unforeseen policies and drawbacks with the least amount of notice or preparation.<\/span>\u00a0<\/span><\/p>\n

And without a doubt, <\/span>the chairman of\u00a0<\/span>Megawide<\/span> Construction Corporation Edgar Saavedra\u00a0<\/span>has proven to be a\u00a0<\/span>ruling\u00a0<\/span>force in the industry<\/span>. Alongside co-founder Michael Cosiquien<\/span>, the<\/span>y<\/span> transformed their once mid-sized firm into one of the leading diversified engineering and infrastructure conglomerates in the Philippines.<\/span>\u00a0<\/span><\/p>\n

To date,\u00a0<\/span>the company\u00a0<\/span>has expanded its operations from just Manila to Rizal<\/span>, Cebu, and\u00a0<\/span>Clark<\/span>.<\/span> Under his leadership, <\/span>Megawide<\/span>\u00a0<\/span>has been<\/span>\u00a0responsible for<\/span>\u00a0key infrastructure developments across the country,\u00a0<\/span>from the Mactan-Cebu International Airport (MCIA) Terminal 2 and<\/span>\u00a0<\/span>the\u00a0Clark International Airport Passenger Terminal<\/span>\u00a0Building<\/span>\u00a0to the\u00a0<\/span>Malolos-Clark Railway Project Phase 1.<\/span>\u00a0<\/span><\/p>\n

His company is also no stranger to accolades, having received several recognitions throughout the years, such as receiving the Quadruple A License from the Philippine Contractor\u2019s\u00a0<\/span>Accreditation<\/span> Board in 2017 and being named by Finance Asia as one of the Best Managed Companies in 2019.\u00a0<\/span><\/p>\n

In\u00a025\u00a0<\/span>November<\/span>\u00a02020, the editors of the\u00a0<\/span>PropertyGuru<\/span>\u00a0Property Report magazine, the official magazine of\u00a0<\/span>PropertyGuru<\/span>\u00a0Asia Property Awards,\u00a0<\/span>honoured<\/span>\u00a0<\/span>Edgar Saavedra as the Philippines Real Estate Personality of the Year.\u00a0<\/span>\u00a0<\/span><\/p>\n

Upon receiving the recognition, Edgar shared his thoughts regarding the current state of the world: \u201c<\/span>2020 has been a difficult year for everyone, but slowly we are seeing recovery with projects getting back in full swing.\u00a0<\/span>Megawide<\/span>\u00a0being part of this year’s\u00a0<\/span>PropertyGuru<\/span>\u00a0Asia Property Awards is a mark of the synergy and partnership between developers and builders, especially in this new normal.\u00a0<\/span>\u00a0<\/span><\/p>\n

More: Luzon, Visayas, Mindanao developers emerge victorious at 8th PropertyGuru Philippines Property Awards<\/strong><\/a><\/p>\n

Together, we must find ways to adapt to the new health and safety requirements to protect our people in project sites, integrate design and engineering to create developments that are pandemic-ready, and elevate the skills and knowledge of our people so that we can be more agile and innovative in the face of this crisis.\u201d<\/span><\/p>\n

As\u00a0<\/span>a real estate leader who will<\/span>, in one way or another,<\/span>\u00a0<\/span>contribute to<\/span>\u00a0the<\/span>\u00a0<\/span>urbanised<\/span>\u00a0future\u00a0<\/span>of the country,<\/span> we asked him about his overall vision for the country, to which he answered<\/span>, \u201c<\/span>As a partner builder, we want to showcase how our vision of a First-World Philippines can be achieved across many areas, particularly real estate.\u201d<\/span>\u00a0<\/span><\/p>\n

Megawide<\/span>\u00a0Construction has been known for injecting their brand of \u2018first-world design\u2019 throughout all segments of engineering and construction, whether vertical or horizontal projects, catering to all walks of life \u2013 affordable, middle-income, and high-end.<\/span>\u00a0<\/span><\/p>\n

\u201cReal estate has a strong multiplier effect on the economy, and we want to do our share in fueling growth through this sector. We’re driven by our commitment to continuously improve engineering standards in the Philippines in all segments,\u201d he added.<\/span>\u00a0<\/span><\/p>\n

E<\/span>dgar\u00a0<\/span>said\u00a0<\/span>that\u00a0<\/span>Megawide<\/span>\u00a0is dedicated to projects that promote national developments, namely:<\/span>\u00a0<\/span><\/p>\n

    \n
  1. T<\/span>ransit-oriented developments<\/span>\u00a0(TOD)<\/span>,\u00a0<\/span>like their\u00a0<\/span>2018\u00a0<\/span>Para\u00f1aque<\/span>\u00a0Integrated Terminal Exchange project.<\/span>\u00a0<\/span>\u201c<\/span>In fact, w<\/span>e want to work with developers in integrating TODs into real estate to improve accessibility and mobility for Filipinos to encourage relocation and decongest urban centres (ex. provide mobility from Cavite to Metro Manila)<\/span>.<\/span>\u201d<\/span>\u00a0<\/span><\/li>\n<\/ol>\n
      \n
    1. Construction technology to address problems like housing backlogs, which can be resolved by precast and other engineering solutions.\u00a0<\/span>\u201c<\/span>According<\/span> to the\u00a0Department of Human Settlements and Urban Development, [the Philippines]\u00a0has a current backlog of 6.75 million units<\/span>,<\/span>\u00a0which could grow to 22 million units if not addressed today. Using innovations like precast can help deliver these units within the needed timeframe<\/span>,<\/span> while still meeting design standards set by the government,\u201d explained <\/span>Edgar.<\/span>\u00a0<\/span><\/li>\n<\/ol>\n

      Other than his successes at\u00a0<\/span>Megawide<\/span>, he also serves as the\u00a0<\/span>director for both\u00a0<\/span>Megawide<\/span>\u00a0Corporation Foundation, Inc.\u00a0<\/span>and GMR MEGAWIDE Cebu Airport Corporation.<\/span>\u00a0<\/span><\/p>\n

      The 8th\u00a0PropertyGuru\u00a0Philippines Property Awards is supported by platinum sponsor Kohler; gold sponsors Hitachi Elevators and Escalators and Boysen; official magazine\u00a0PropertyGuru\u00a0Property Report; official PR partner\u00a0FleishmanHillard\u00a0Manila; media partners Balikbayan, Business News Philippines,\u00a0Hoppler, Inquirer.net, Manila Republic, and\u00a0MoneySense; official charity partner Right to Play; official ESG partner Baan Dek Foundation; and official supervisor BDO Roxas, Cruz, Tagle & Co.<\/span>\u00a0<\/span><\/p>\n

      For more information, email\u00a0<\/span>awards@propertyguru.com<\/span><\/a>\u00a0or visit the official website:\u00a0<\/span>AsiaPropertyAwards.com<\/span><\/a>.<\/span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      With two decades worth of experience in engineering and construction under his belt, Edgar has successfully transformed his mid-sized firm into the country\u2019s leading conglomerate<\/p>\n","protected":false},"author":2,"featured_media":20983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3,5],"tags":[129,302,240],"class_list":["post-10872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","category-winners","tag-philippines","tag-philippines-property-awards","tag-real-estate-personality-of-the-year","news_country-philippines","news_author-gynen-kyra-toriano"],"acf":[],"yoast_head":"\nPropertyGuru Philippines Property Awards honours Edgar B. 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