"Kulang ako sa experience, so I asked around, outside the Philippines..."
In Bilyonaryo's interview with the young billionaire, Megawide's top honcho Edgar Saavedra shares how he asked help abroad and upscaled his business with investments in technology, innovation, and people. The self-made engineer, who prides in starting his business with no connections and less capital, credits his success to being focused and delivering quality, first-world standard projects.
He was able to participate in numerous PPP programs during PNoy's time, including PITX under a Build-Operate-Transfer at no cost to the government. One of his big breaks came when he was asked by Henry "Big Boy" Sy Jr to be a part of SMDCs real estate expansion plan.
Notable projects in Cebu: Mactan-Cebu International Airport, Carbon Market.
On a side note, if PPP was continued, the government could have avoided the massive debt it has incurred during Pres Duterte's BBB program which was riddled with onerous loans, kickbacks, and credit grabbing.
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