Pag-IBIG Fund Invests P10 Billion in Megawide to Accelerate Socialized Housing Construction
The state-run Pag-IBIG Fund has made a significant investment of P10 billion in preferred shares of Megawide Construction Corp. This strategic move aims to fast-track the development of more than 7,000 socialized housing units over the next two years under the Expanded Pambansang Pabahay para sa Pilipino Program (Expanded 4PH).
Investment Details and Impact on Housing Projects
Executed in 2025, this investment will specifically fund the construction of 7,143 medium-rise residential units located in Cavite. The investment carries a nine percent annual return, which is designed to sustain competitive dividends for the savings of Pag-IBIG members, thereby safeguarding their financial interests while promoting affordable housing.
Ceremonial Launch and Precast Manufacturing Facility
The announcement was made during the ceremonial launch of Megawide's new precast manufacturing facility in Taytay, Rizal, on Monday, February 16, 2026. The event was attended by President Ferdinand R. Marcos Jr. and key housing officials. This facility will produce precast housing components, such as walls, slabs, beams, and columns, for 4PH projects financed by Pag-IBIG.
Precast construction involves manufacturing building components simultaneously in a controlled environment, which enhances quality control and significantly shortens project timelines, enabling faster and more efficient delivery of housing units.
Government and Agency Perspectives on the Partnership
Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Ramon P. Aliling emphasized that modern construction methods, like precast technology, will help expand access to affordable housing while simultaneously supporting job generation and boosting economic activity across the region.
Pag-IBIG Chief Executive Officer Marilene C. Acosta highlighted that this partnership with Megawide is part of the agency's broader strategy to stimulate the housing sector through long-term financing. She noted that this approach ensures investment returns that protect members' savings, aligning with Pag-IBIG's commitment to financial security and housing development.
Broader Financing and Housing Achievements
Beyond the Megawide investment, Pag-IBIG has approved P27.12 billion in housing development financing, with P8.5 billion already released. This funding is expected to support the construction of 21,022 socialized housing units under the Expanded 4PH program, further addressing the housing shortage in the Philippines.
In 2025, the agency released a record P140.54 billion in housing loans, benefiting 90,727 Filipino workers who purchased or improved their homes. This underscores Pag-IBIG's pivotal role in promoting homeownership and enhancing living standards for Filipinos nationwide.
