September 9, 2025 | 12:00am
MANILA, Philippines — Development large EEI Corp. has bagged two new tasks, bringing its challenge pipeline within the third quarter alone to P19.1 billion.
In a inventory alternate submitting, EEI mentioned that it has been awarded the development of Cavite-Laguna Expressway (CALAX) subsection 1 in Kawit, Cavite and the Arcovia Resort in Pasig.
MPCALA Holdings Inc. has awarded the development of chosen sections of CALAX subsection 1, together with a P2.7 billion challenge – masking the development of the roadway, drainage techniques and associated buildings – to EEI.
The contract for the development of Arcovia Resort, in the meantime, was awarded by property large Megaworld Corp.
The scope of labor contains civil, structural and architectural ending together with portray and waterproofing works.
“These new challenge wins mark a major turnaround for EEI, reflecting our resilience, competitiveness within the trade and renewed development momentum,” EEI senior vice chairman and head of economic and operations Anna Payawal-Figuera mentioned.
“Greater than increasing our portfolio, these infrastructure and constructing tasks reaffirm our dedication to nation-building by serving to drive financial development, enabling connectivity and delivering amenities that uplift the lives of our folks and our communities,” she mentioned.
As of end-August, EEI’s whole backlog or unworked portion of current contracts stood at P39.24 billion.
Backed by a wholesome pipeline of tasks, EEI mentioned it seems to be ahead to sustaining its development trajectory and additional contributing to the nation’s growth and financial development.
EEI affords a broad vary of development and engineering providers, specializing within the development of infrastructure, buildings and industrial and electromechanical amenities.
The corporate can also be making an enormous push for its diversification into actual property growth, a transfer that may type a part of its long-term development technique to evolve from a pure-play development firm into a totally built-in property and infrastructure developer.
EEI is increasing into actual property growth by capitalizing on in its 139 hectares of land financial institution in strategic areas.
The corporate is making ready its preliminary pipeline of actual property tasks for numerous properties situated in Makati, Quezon Metropolis, Bataan, Cavite and Pampanga.