Megawide Construction Corp. is aiming to build as much as 100,000 socialized housing units valued at ₱180 billion under the government’s flagship housing program, as the company scales up its industrial pre-cast capabilities to address a chronic national shortage.

Megawide Chairman and Chief Executive Officer Edgar Saavedra said the infrastructure giant plans to deliver the units over the next five years through the Expanded Pambansang Pabahay Para sa Pilipino (4PH) program.

“Our company will be expanding another facility, bigger and more sophisticated to support our commitment in delivering the 100,000 houses within five years, about half of them will be (launched) in the next three years,” Saavedra said during a visit by President Ferdinand Marcos Jr. to the company’s manufacturing facility in Taytay, Rizal.

To meet this target, Megawide will expand its existing production site into a larger, more sophisticated plant, with roughly half of the total housing volume slated for launch within the next three years.

Marcos, who has made the 4PH program a pillar of his administration's social agenda, said the use of modern technology is critical to accelerating the production of safe and affordable homes.

The Department of Human Settlements and Urban Development (DHSUD) is coordinating the initiative, while the Home Development Mutual Fund, commonly known as the Pag-IBIG Fund, provides the necessary financial liquidity.

This partnership serves as a catalyst for the roll-out of premium-quality units at price points accessible to low-income earners.

An initial phase of the collaboration is already underway in Dasmarinas, Cavite, where Megawide and Pag-IBIG have committed to delivering more than 7,000 units over the next 24 months. Each unit is priced at ₱1.8 million, bringing the total cost for the Cavite project to ₱12.6 billion.

Saavedra said the program aims to shift the public perception of socialized housing by employing prefabricated systems comparable to those used in Germany and Japan. By utilizing these world-class systems, Megawide intends to offer homes that match or exceed the quality of top-tier private developments while remaining within the financial reach of common homebuyers through subsidized loans.

Pag-IBIG Fund CEO Marilene Acosta said the agency's mandate is to ensure sustainable financing for such projects. To further stimulate the sector, the fund will provide incentives to developers who can deliver quality housing near economic centers and workplaces over the next two years.

The adoption of pre-cast technology is expected to be a game changer beyond the residential sector. Saavedra noted that the same industrial processes could be applied to fill infrastructure gaps in the Philippines’ transportation and education sectors, including the rapid construction of classrooms, rail systems, and transit terminals.