Megawide, SMH to bid for new prison

Two conglomerates—Megawide Construction Corp. and San Miguel Holdings— signaled their interest to submit bids for the construction and maintenance of a P50-billion prison complex in Fort Magsaysay, Nueva Ecija, a senior official of the Public-Private Partnership (PPP)Center said on Wednesday.

PPP Executive Director Cosette Canilao said the two companies have obtained the bid documents for construction of a modern prison facility where inmates of the New Bilibid Prison in Muntinglupa and the Correctional Institution for Women in Mandaluyong will be transferred.