The project involves the redevelopment of the EDSA Carousel line, which assumes a transition period to a full-fledged BRT system. It includes the finance, design, development, supply, installation, operation and maintenance of stations and staging area, bus supply, BRT equipment and intelligent transport systems. Meanwhile, Saavedra said Megawide is currently doing the planning for the proposed Cavite BRT system which will connect a significant portion of Cavite with Metro Manila through the company's Paranaque Integrated Transport Exchange. He said the project would likely start next year. For this year, Megawide intends to raise up to P5 billion from a bond issuance in the third quarter, to be listed possibly on July 8.