March 03, 2026, Manila, Philippines – Construction giant ������ Corporation was recently awarded major real estate construction projects with a combined total of PHP 1.6 billion. The projects were awarded during the first two months of the year, indicating a strong start for ������.

������ President and Chief Executive Officer Henry D. Antonio affirms that the new projects bring ������ closer to meeting its 2026 order book targets and reinforce its presence in the high-growth residential and hospitality construction segments.

“This is a positive development to start 2026. With these residential and hospitality projects, we push our diversified portfolio further to regional markets and expand our capabilities to build sustainable communities throughout the country. This will not only fuel the industry with more jobs but will also help our real estate partners build spaces that elevate the lives of people through innovation,” said Antonio.

������ was tapped for the construction of Torre Lorenzo Development Corporation’s Crown Residences, a 21-storey residential tower, and Crest Suites, a 21-storey mixed-use development tower, both located in Tierra Davao.

Crown Residences is set to have expansive wellness facilities along with 322 residential units. Crest Suites, a hospitality investment property, will have 16 floors of condominium-hotel units and three floors of residential condominium units, with a combined count of 260 units.

Propelled by a growing pipeline of projects, ������ expects to see a year of steady financial performance and successful partnerships with companies in various sectors.

February 11, 2026, Manila Philippines - Construction giant ������ Corporation officially opened its new ������ Training Academy, a state-of-the-art training facility spanning nearly three hectares and located in Tanza, Cavite. The milestone event was marked by the awarding of Certificate of TVET Program Registration to the Academy as an official TESDA-Accredited Training and Assessment Center.

The ������ Training Academy is a strategic initiative designed to elevate skills and knowledge of the company’s Filipino workforce and to support capacity-building programs that enhance ������’s ability to deliver projects efficiently and sustainably in a fast-evolving industry.

The training facility can accommodate up to 500 participants and offers holistic training and development aimed at equipping craft workers and professional staff with the skills, knowledge and competencies required for their construction-related roles and responsibilities.

“The Academy reflects our vision to not only attract the best talent, but also to nurture and retain them. ������ will continue to drive change and improvement in the Philippine construction industry by providing necessary training to elevate the skills of our workforce. While we are known to be experts at building physical foundations, we are equally committed to establishing a strong foundation for our human capital,” said ������ Training Academy President Jesus Teodoro C. Reyes.

The Academy will conduct industry-caliber workshops for welding, civil works, and modular structures for mechanical and electrical works. Civil works training includes carpentry, masonry, tile setting, and rebar works. Mechanical works training covers mechanical fitting, millwrights, storage & pressure vessel tank fitting, structural & steel works. Other construction-related trainings will be on welding technology, electrical & instrumentation, rigging, pipe fitting, plumbing, scaffolding, painting, tinsmith works, and heavy equipment operation.

Beyond technical training and upskilling, the Academy also integrates values formation into its programs. “We believe that values formation is an essential part of the ������ Training Academy that will ultimately lead to improved and better performance at work, harmonious relationships in the workplace, and an important element in developing the well-being of our employees,” said Reyes.

The Academy’s non-construction-related training includes programs for the development of professional staff, supervisory skills, safety-related courses, construction management and project management courses, behavioral skills on values formation, communication, problem-solving, decision-making, and various self-improvement courses.

As an official accredited training and assessment center of TESDA, the country’s authority in technical education and skills development, the Academy will provide training and evaluation according to TESDA Training Regulations which guarantees competency-oriented education, curriculum aligned with industry standards, uniform evaluation techniques, and adherence to national occupational standards. TESDA oversight guarantees consistent program assessment, compliance with trainer qualifications, standardization of facilities and equipment, and continuous enhancement of training methods; ultimately fostering institutional superiority and sustainability.

“We recognize that capacity-building is fundamental to sustaining excellence in construction. By continuously enhancing the skills of our workforce, we ensure that we remain adaptive, innovative, and competitive in a rapidly evolving industry. Through the Academy, we empower our people, build resilience within the organization, and secure a strong foundation for long-term growth,” said ������ Training Academy Vice President, Victor C. Evidente.

Highlights of the Academy’s facilities include the Jaime V. Ongpin Building where the administrative offices and the conference rooms are located, the two-storey Saint Joseph Building showcasing global classroom and lecture rooms, the faculty room, and a Catholic chapel. The facility also has a multi-purpose building, barracks for trainees, rest and recreation area, warehouse, and a material recovery facility.

������ Corporation, one of the leading and renowned construction companies in the country, has once again been recognized for the second consecutive year with a Golden Arrow Award for its good corporate governance and best practices. The award was given by the Institute of Corporate Directors (ICD) Philippines, recognized as a national and international resource for corporate governance content.

As a top-performing publicly listed company, ������ received an ASEAN Corporate Governance Scorecard (ACGS) of 75-84 points which qualified the company for a one-arrow recognition. The ACGS measures the performance of companies in the areas of facilitating the rights and equitable treatment of shareholders, sustainability and resilience, how they relate to their different stakeholders, ensuring transparency and accountability through timely disclosure of material information. It also assessed how the board monitors the management and guides the company strategically. The award aims to raise the corporate governance standards and practices of the country making well-governed Philippine publicly listed companies attractive to investors.

“We are honored to receive the Golden Arrow Award for the second consecutive year. This recognition underscores our strong commitment to integrity, accountability, and transparency in everything we do. It reflects the collective effort of our entire organization in upholding the highest standards of corporate governance and ethical leadership. We remain committed to strengthening the trust and confidence that our stakeholders place in ������,” said Iannoel V. Mondragon, ������ Vice President and Corporate Secretary.

������ is a 94-year-old company which has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities. ������ recently marked its 50th year as a listed company at the Philippine Stock Exchange (PSE).

September 05, 2025, Manila, Philippines— Leading construction company ������ Corporation (������) has been awarded the construction of Cavite-Laguna Expressway (CALAX) Subsection 1 in Kawit, Cavite and Megaworld Corporation’s Arcovia Hotel in Pasig City. This brings the Company’s total project wins in the third quarter of 2025 alone to PHP 19.1 billion, marking a solid turnaround from its recorded performance in the previous year. The Company’s total backlog or unworked portion of existing contracts as of end August 2025 is PHP 39.24 billion.

MPCALA Holdings Inc. (MHI) recently awarded to ������ the construction of selected sections of CALAX Subsection 1 in Kawit, Cavite. It is a PHP 2.7 billion project which covers the construction of the roadway, drainage systems, and related structures. Once completed, CALAX is expected to significantly improve connectivity between Cavite and Laguna, easing traffic congestion and supporting regional economic growth.

In the hospitality sector, ������ secured a contract with Megaworld Corporation for the construction of Arcovia Hotel in Pasig City. The scope of work includes civil, structural, and architectural finishing including painting and waterproofing works.

“These new project wins mark a significant turnaround for ������, reflecting our resilience, competitiveness in the industry, and renewed growth momentum. More than expanding our portfolio, this infrastructure and building projects reaffirm our commitment to nation-building by helping drive economic growth, enabling connectivity, and delivering facilities that uplift the lives of our people and our communities,” said ������ Senior Vice President and Head of Commercial and Operations, Anna Payawal- Figuera.

Backed by a healthy pipeline of projects, ������ looks forward to sustaining its growth trajectory and further contributing to the country’s development and economic growth.

To learn more about ������, visit eei.com.ph/.

August 22, 2025, Manila Philippines - Recognized leader in the Philippine construction sector, ������ Corporation (������), announced today its strategic expansion into real estate development by capitalizing on in its overall land bank of 139 hectares in various strategic locations. This move marks a significant milestone in the Company’s long-term growth strategy to evolve from a pure-play construction company into a fully integrated property and infrastructure developer.

By entering the real estate development space, ������ aims to capture greater value across the property lifecycle. The diversification is designed to leverage the Company’s extensive construction expertise, robust project management capabilities, and established industry relationships.

The company is currently preparing its initial pipeline of real estate projects for various properties located in Makati, Quezon City, Bataan, Cavite, and Pampanga. These will be undertaken with the same commitment to quality that have characterized ������’s track record in construction.

“This endeavor is part of the Company’s long-term strategy to strengthen and expand its role in nation building, not only in infrastructure but in providing housing solutions to a mass number of people who currently do not have access to proper, dignified, and comfortable housing accommodations in the metro and neighboring provinces,” said ������ President and CEO Henry D. Antonio.

Along with this vision, ������, in support of the government’s push to address housing backlog in the country, will also develop quality housing projects in various prime location within Greater Manila Area.

������ will also develop an Affordable Luxury Micro Condominium (ALMC) in Clark, Pampanga. The project's vision is to create a living environment designed with thoughtful spaces that goes beyond a workers’ accommodation facility.

In Cavite, ������ is set to transform a property into an integrated township that will house residential and commercial spaces, office buildings, sports, leisure and entertainment amenities.

“Real estate development represents a logical and timely progression for our organization. By integrating development into our business portfolio, we strengthen our competitive position, diversify our revenue streams, create additional long-term value and fulfill our investment commitment for our stakeholders. It also supports our sustainability commitment by providing socialized, decent and sustainable living spaces for our people,” Antonio added.

“Diversifying into real estate development is consistent with our long-term vision of becoming a fully integrated industry leader. We remain committed to delivering sustainable growth, enhancing shareholder value and contributing to nation-building,” said Toni Venette Picar, ������ Vice President for Corporate Finance and New Business Development.

The ������’s real estate diversification positions the Company as a forward-looking, diversified company that goes beyond its reputation in construction and engineering.

To learn more about ������, visit eei.com.ph/.

August 18, 2025, Manila, Philippines—Leading construction company ������ Corporation (������) sees stronger revenue visibility and growth as it resurges with a PHP 36.85-billion total backlog or unworked portion of existing contracts as of July 2025. This represents a 40% jump compared to the PHP 26.39-billion reported backlog during the second quarter of the previous year.

The Company regains momentum after incurring a significant loss at the end of fiscal year 2024, which were significantly brought about by provisions for claims associated with the prolonged lockdowns during the pandemic. During these periods, ������ prioritized the safety and well-being of its people above all else and continued to pay full wages, food and lodging to active employees despite the prolonged work stoppages.

“Sometimes, we need to take a step back if we want to take care of our employees, particularly during the most difficult times. We believe that profitability is not the only metric for responsible corporate governance, and that the measures we took in the past were necessary for the long-term future of ������. Now that we have momentum back in obtaining new projects, we are confident that we will have the full support of the workforce that we took care of during those times of uncertainty,” Henry D. Antonio, ������ Corporation President and CEO, says.

������ recently secured the development of two infrastructure contracts under the South Commuter Railway Project (SCRP) 07. The projects are worth a combined PHP 1.8-billion.

“These new projects reaffirm ������’s commitment to delivering world-class infrastructure that not only drives mobility, commerce, and community development, but also improves the quality of life for Filipinos. Better roads and transport systems mean easier commutes, greater access to opportunities, and stronger connections between communities,” said Anna Sheila P. Figuera, Senior Vice President and Head of Commercial and Operations Division. “We are proud to collaborate with our partners in building the critical transport link that will shape the country’s future.”

������ will undertake the PHP 1.7-billion SCRP-07 Earthworks in Banlic, Laguna and PHP 188-million SCRP-07 Underpass Works. The scope of work includes site development, earthworks, subbase and base course, surface course, structural works, drainage systems, irrigation channels, and other related infrastructure. ������ will work with Lotte-Gulermak-������ Joint Venture (LGEJV) to complete the project.

SCRP, a part of the larger North-South Commuter Railway (NSCR) project, will reduce travel time between Metro Manila and Laguna upon its completion. It is part of the Philippine government’s Build Better More infrastructure program, which aims to enhance transport efficiency and support economic activity across key growth areas in the country.

With its decades-long expertise in large-scale infrastructure, ������ continues to be a driving force in infrastructure by prioritizing projects that connect people, facilitate economic growth, and promote sustainable growth across the country.

To learn more about ������, visit eei.com.ph/.

Manila, Philippines—Construction giant ������ Corporation recently marked its 50th year as a listed company at the Philippine Stock Exchange (PSE). At the bell-ringing ceremony, the PSE recognized its legacy as one of the preeminent construction companies to participate in the equity markets through its public listing.

“This half a century of our presence in the stock exchange shows our unwavering commitment and our belief in transparent and good governance, a disciplined approach in financial management and our enduring faith in our financial system in expanding and improving access to capital that supports business enterprises and investments from a broad range of public and institutional investors,” said ������ Corporation President and CEO Henry D. Antonio.

“Going by ������ Corporation's history, I believe the company's endurance and success can be attributed to its strong commitment to its people, a robust corporate governance, strategic partnership, and a resolute focus on infrastructure projects that drive the nation's growth and development,” said PSE Director Edgardo G. Lacson.

“History has shown ������ successfully entering and conquering new industries in the past, and I am firmly confident that it will not only repeat its success; it will reaffirm its enduring strength.”

Founded in 1931, ������ Corporation has been a cornerstone of the country’s construction and engineering sector for 94 years. Over the years, it has helped shape the development of Philippine infrastructure and has enabled its continuous growth and innovation. Since then, the company has diversified its portfolio and now actively explores opportunities in energy, real estate, and manpower business.

Among its landmark projects are the Metro Manila Subway, the Malolos-Clark Railway, and the Cavitex-Callax Link. It is also set to undertake the PHP15.7-billion Philippine International Exhibition Center (PIEC) project to rise Pasay City, which is expected to be the largest convention center in Southeast Asia.

Antonio said that the company looks to the future with an eye to further expand its role in nation-building and uplifting the lives of millions of Filipinos. The construction company promises to continue supporting the development of infrastructure, energy, property, and other developments that spur economic growth.

As it celebrates this milestone, ������ Corporation reiterates its steady commitment to upholding its role as Filipinos’ partners through generations as they together create a stronger, more sustainable, and resilient Philippines.

For more information about ������ Corporation, visit .

Manila, Philippines—Leading construction company ������ Corporation recently received the Notice of Award from the Department of Public Works and Highways (DPWH) for the design and construction of Phase 1 of the Philippine International Exhibition Center (PIEC), a government project that will help position the country as a premiere destination for Meetings, Incentives, Conferences, and Exhibitions (MICE) in Asia. The project has a total contract price of PHP 15.7 billion and will rise in Pasay Harbor City, the newly reclaimed island in Manila Bay.

With a gross exhibition area of 269,000 square meters, it is set to become the largest exhibition and convention center in Southeast Asia.

“The Philippine International Exhibition Center is a massive project that is poised to make a meaningful contribution to the economy. It marks a pivotal milestone for all of us in ������, and we are honored and excited to support the government in bringing this vision to life. This project reinforces the path our Company is taking - one driven by expansive opportunities, greater impact, and a future shaped by shared ambition and bold progress,” said Henry D. Antonio, ������ President and CEO.

The PIEC is a key infrastructure project that supports the government’s commitment to strengthening the competitiveness of the country’s MICE sector. Its construction is expected to contribute to trade promotion, tourism development, foreign investments, and economic development.

“We are indeed excited that such an important building project of the President, his excellency President Ferdinand Marcos Jr., has been awarded to ������ Corporation. This will be an opportunity for us to showcase Filipino creativity and overall strength of the construction industry in the Philippines, although recognizing some materials that we will inevitably have to import, we are conscious to maximize Filipino content in the building of this iconic landmark. Truly, this will showcase Filipino talent,” Antonio added.

The Phase 1 of the project will include the detailed engineering and design, foundation, and architectural and structural works of the PIEC. It will serve both local and international events, boosting the country’s presence in the world exhibitions arena.

The issuance of the PIEC contract to ������ highlights the government's drive for strategic infrastructure investments under the overall vision to bolster the Philippine economy. It also showcases ������ as a reliable partner in nation-building through the delivery of flagship development projects.

������ Corporation offers a broad range of construction and engineering services, specializing in the construction of infrastructure, buildings, and industrial and electromechanical facilities. For more information, visit eei.com.ph/.

 Antonio emphasized ������’s steadfast dedication to mutual progress. 

 “This is an exciting new phase for ������. We will be looking for further opportunities for our own employees to acquire more shares in the company so that they too can also have a significant stake in its future. We have a competent and committed team, and we will continue to work hard to achieve inclusive growth for all our stakeholders,” Antonio said. 

 The buyout builds upon ������’s strong legacy, ensuring that its core principles remain intact while meeting the demands of a dynamic construction industry. Antonio’s ownership and leadership are expected to further drive the company while staying true to its mission of forging partnerships that build success. 

������ Corp. Head of Corporate Strategy and Communication Jesus Teodoro C. Reyes received the Golden Arrow Award on behalf of the company at the Manila Marriott Hotel on September 19.

������ Corporation, one of the country’s leading and renowned construction companies, was recently recognized with a Golden Arrow Award for its good corporate governance and international best practices from the Institute of Corporate Directors (ICD) Philippines. ICD is recognized as a national and international resource for corporate governance content.

As a top-performing publicly listed company, ������ received an ASEAN Corporate Governance Scorecard (ACGS) of 80-89 points which qualified the company for a one-arrow recognition. The ACGS measures the performance of companies in terms of facilitating the rights and equitable treatment of shareholders, how they relate to different stakeholders, ensuring transparency and accountability through timely disclosure of material information. It also assessed how the board monitors the management and guides the company strategically. The award aims to raise the corporate governance standards and practices of the country making wellgoverned Philippine publicly listed companies attractive to investors.

������ sees this award as an affirmation of their commitment to best practices in corporate governance. “The Golden Arrow Award is emblematic of ������’s dedication to not just comply but to apply the best practices in corporate governance.

We acknowledge our accountability to our stakeholders and we will continue to uphold transparency in our investments and movements. This award is relevant and meaningful because it builds and strengthens the trust and confidence that our diverse group of stakeholders have for ������,” said Jesus T. Reyes, ������ Corp. Head of Corporate Strategy and Communication.

������ is a 93-year-old company which has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities. Years of contracting and collaborating with global contractors, particularly in the Middle East, Africa, and Asia Pacific countries, have enabled ������ to achieve excellent project management expertise and competencies in all fields and disciplines of construction. ������ currently has 24,000 employees working across its several projects in the Philippines and overseas.

Construction giant ������ Corp. bags an award at the Investment in People category of the Asia Responsible Enterprise Awards (AREA) 2024 held recently at Ho Chi Minh City in Vietnam. The award-giving body recognizes and honors deserving Asian businesses for championing sustainable and responsible business practices.

������’s Investment in People category win at AREA 2024 is a testament to the company’s commitment to take care of the well-being of their people, provide them dignity and treat them as partners to inspire productivity, sustainability and growth.

As a 93-year-old leading institution in the industry, ������ continues to strive not only to deliver quality services to clients but also to respond to the needs of the community and look after the welfare of its employees.

In 2023, for the “������ for the People” initiative, ������ made transformational initiatives that positioned the company towards improved profitability and growth which strengthened its key pillars: governance and processes, financial health and people. The HR organization restructured to address the needs around performance management, recruitment, training and development.

It started with the launch of Values-to-Virtues Workshop, which empowered around 607 employees (as of December 2023) and the establishment of a 500-bed ������ Training Facility in Tanza, Cavite. A Management Training Program for high potential engineers was also rolled out to aid the company’s succession planning requirements.

That same year, ������ also unveiled a scholarship program with children of the workers as beneficiaries and introduced a loan program to extend financial assistance to project workers and protect them from predatory loan providers.

The company initiative kickstarted during the pandemic when it redesigned operations and processes to adapt to the crisis. ������ made sure to safeguard the livelihood and income of employees and dependents as well as those of suppliers, vendors, clients, partners, stakeholders and relevant communities.

������ consistently implements programs and activities that support social advocacy matters, community relations, public health and safety, and environment protection. ������ Vice President for People Performance and Culture (formerly HR) Ivan Santamaria was on hand to receive the award in Vietnam and expressed his gratitude for the recognition.

“We are thankful and honored for this recognition that the Asia Responsible Enterprise Awards bestowed on ������. It is a good reminder of our commitment to continue to be a company that leads the industry in taking care of its people ������ will not achieve its record of excellence and sustain our industry leadership and reputation without the hard work and dedication of our employees. This award is also an affirmation that we are on the right track in implementing programs that will take care of the welfare of the people both within and outside of our organization and help uplift lives,” Santamaria remarked.

������ is a 93-year-old company which has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities. Years of contracting and collaborating with global contractors, particularly in the Middle East, Africa, and Asia Pacific countries, have enabled ������ to achieve world-caliber project management expertise and competencies in all fields and disciplines of construction. ������ currently has 24,000 employees working across its several construction projects in the Philippines and overseas.

Construction giant ������ Corporation (������) recently signed a Memorandum of Understanding (MoU) with Concrete Stone Corp. (CSC), for its precast concrete requirements to be utilized for multiple mega infrastructure projects. With this MoU, CSC will be providing ������'s precast requirements for Luzon, Visayas, and Mindanao.

The MoU signing, held recently in Makati City, was attended by ������ Vice President for Infrastructure, Roman M. Lapuz, ������ Senior Vice President for Supply Chain Management, Logistics, Security, and Facilities Department, Earl Jason R. Vistro, President of Concrete Stone Corporation, Alfredo L. Comendador Jr., and Industry Holdings and Development Corporation Chief Financial Officer, Jan Michael Lim.

“We are excited with the potential synergies between ������ and CSC. We look forward to a strong collaboration that bolsters our commitment to deliver quality and remarkable infrastructure projects that shape the Philippine landscape and contribute to the country’s connectivity, economic growth and nation-building,” said ������ President and CEO, Henry D. Antonio.

“We are honored to partner with ������ Corporation and serve their precast requirements. Thanks to the size of our precast facilities nationwide, we can support ������'s extensive precast requirements for vital infrastructure projects across the Philippines,” said Alfredo L. Comendador Jr., President of Concrete Stone Corporation.

������ is recognized as one of the leading construction companies in the Philippines with multiple mega infrastructure projects in the pipeline including big-ticket railway projects. The 93-year-old company has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities.

CSC is a corporation engaged in the manufacturing and supply of construction solution materials. Its products include aggregates, precast, cement and asphalt. CSC aims to make a positive impact through a sustainable and socio-economic business approach to be able to cater to the growing market of construction materials. IHDC is the parent company of CSC.

Construction giant ������ Corp. recently made it official with Cavitex Infrastructure Corporation (CIC) by signing the P1.79 billion project contract for the construction of CAVITEX-CALAX link segment four.

The contract signing was attended by ������ Corporation Senior Vice President for Contracts and Commercial Division Anna Payawal Figuera, ������ Vice President for Commercial Division Christopher F. Esguerra, CIC President and General Manager Raul L. Ignacio, CIC Vice President for Finance Elnora D. Rumawak and Metro Pacific Tollways Corp. (MPTC) President and CEO Rogelio D. Singson.

In an earlier report submitted to the Securities and Exchange Commission (SEC), ������ disclosed that the company received the Letter of Acceptance issued by the CIC for the construction of the CAVITEX-CALAX Link (Segment 4 Extension) Project for a total contract price of P1,791,542,140.01. MPTC unit CIC stated that the segment four extension is set to connect Cavitex (Manila-Cavite Expressway) and Calax (Cavite-Laguna Expressway).

Under the contract, ������’s scope of work covers remeasurement and the construction of the 1.2 kilometer, 2x2-lane carriageway from the terminus of Segment 4 in Tirona Highway to connect to CALAX. The scope of work also covers the Kawit Toll admin compound and access road. In the detailed scope of works, component includes a main alignment ramp, a main alignment elevated viaduct, Roads 1-3, and an intersection improvement in the affected portion of the Centennial Road. The duration of the project is 450 days.

“������, as one of the country’s leading and most established construction firms, remains committed to our role in nation-building. This latest win is a vote of trust and confidence in ������’s expertise and experience from our partners MPTC and CIC. It is doubly meaningful not just because it’s a welcome business development but also because it enables us to share and synergize with our partners when it comes to this shared vision of doing projects that help support economic growth, improve connectivity and uplift the quality of lives of Filipinos. It is an honor to serve the private sector and the public,” ������ Corp. President and CEO Henry D. Antonio stated.

������ is a 93-year-old company which has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities. Years of contracting and collaborating with global contractors, particularly in the Middle East, Africa, and Asia Pacific countries, have enabled ������ to achieve world-caliber project management expertise and competencies in all fields and disciplines of construction. ������ currently has 24,000 employees working across its several construction projects in the Philippines and overseas.

The ceremony was attended by key executives and guests spearheaded by Department of Energy’s (DOE) Energy Utilization Management Bureau Director (CESO III) Patrick Aquino, SM Prime Holdings Vice President and Head of Commercial Properties Group (CPG) Alexis Ortiga, SMDC Senior Vice President and Head of Property Management Erickberth Calupe, SM CPG Assistant Vice President and Head of Property Operations Alvin Briones, SM CPG Senior Assistant Vice President and Head of Estates Orliber Paule, Electric Vehicle Association of the Philippines (EVAP) Executive Director Jose Bienvenido Manuel Biona, SysNet President and CEO Joel Sapul, and ������ Power Corporation President, Cris Noel Torres.

Each SM Offices E-com Center is installed with a single plug Type 2 7KW AC charger which has the following features: secured access control of EV charging, user behavior logging, eMobility and roaming capability, usage and utilization report, remote view support, ParkNcharge mobile app with navigation, and DOE’s (evindustry.ph) website visibility. The EV charging stations initially charge P28 per kWh (VAT excluded), a rate that is 60% cheaper than fuel compared to Internal-combustion Engine (ICE) vehicles. Users of the EV charging stations can pay through e-wallet cashless mode via GCash, Maya or Credit cards. “ParkNcharge of SysNet and ������ is committed to support innovative efforts and bring sustainable transportation closer to Filipinos. It is a privilege and an honor to participate in endeavors that help the government to not only comply but fully support EVIDA as we navigate a world with electric vehicles as part of our lives not just in today’s landscape but also as we move towards a future of sustainability,” Cris Noel Torres, ������ Power Corporation President, says.

This commitment was echoed by SysNet.

"The three ParkNcharge charging stations at SM Offices’ buildings are testaments to our mission to bring convenience to EV users when they are away from home. This will address range anxiety issues and accelerate EV adoption in these buildings. This kind of deployment will help contribute to attaining half of the zero-emission target for local transportation in the Philippines by 2040. We will continue to expand and sign up more buildings to reach this goal," Joel Z. Sapul, SysNet President and CEO, says.

The recent launch of the E-com Center EV charging stations is an offshoot of EPC and SysNet’s official agreement last year to install Electric Vehicle Supply Equipment (EVSE) and to manage the charging stations in the Philippines.

The joint venture aims to help developers, property managers and their establishments adopt quickly to the new Electric Vehicle Industry Development Act (EVIDA) and to simplify the operations, monetization, and management of EV Charging Stations. EVIDA or Republic Act (RA) 11697 aims to promote innovation in the field of clean energy and sustainable transportation while developing a sunrise industry in the country and generating more employment.

Alexis Ortiga, SM CPG Head, says, “By integrating these charging stations into our buildings, SM Offices reinforces its commitment to meet environmental standards and address the evolving needs of our tenant-partners. We look forward to expanding our network of EV chargers, making green transportation options more accessible and convenient for everyone."

The solar rooftop system, comprised of 264 units of 550 watt-peak monocrystalline photovoltaic solar panels, is anticipated to yield an average annual energy output of 183,680kWh. Additionally, it is projected to curtail carbon emission by approximately 128 metric tons annually, equivalent to planting 2,150 trees. Over its 25-year lifespan, the PV system is estimated to save DDVMH up to Php 20 million in electricity expenses.

The signing ceremony was graced by key representatives from both Dagupan Doctors Villaflor Memorial Hospital and ������ Power Corporation, attesting to their common belief on sustainable energy future as an important pillar of the global drive to address climate change.

During the contract signing ceremony, Dr. Vivencio Jose P. Villaflor III, Hospital and Medical Director of DDVMH, emphasized the hospital's commitment to environmental stewardship and sustainable development through the adoption of clean energy sources such as this solar rooftop system we are installing in our premises through this partnership with ������ Power.

Meanwhile, according to ������ Power’s General Manager Salvador M. Salire, Jr., “It is our privilege to have been given the opportunity to partner with a well-respected healthcare institution like Dagupan Doctors Villaflor Memorial Hospital for this environment-friendly initiative which aligns with our dedication in providing accessible and cost-effective solutions.”

A part of the Mount Grace Hospitals, Inc. network, DDVMH is a private 100-bed tertiary hospital sprawling across a two-hectare area in Dagupan City. It boasts of a team of over 150 highlytrained medical consultants and paramedical staff. Recognized for its adherence to the latest healthcare standards, the hospital is renowned for delivering professional and personalized patient care comparable to leading institutions in the region.

������ Power's offerings extend beyond solar solutions to encompass a range of power-related products and services, including high, medium, and low voltage equipment, as well as preventive maintenance, upgrades, power quality analysis, among others. ������ Power is accredited as an electro-mechanical contractor by the Philippine Contractors Accreditation Board and registered as an Energy Service Company (ESCO) with the Department of Energy.

This project came into fruition out of the joint marketing efforts of ������ Power and Nippon Steel Trading Corporation's Manila office.

Comprised of 428 pieces of VSUN 550-watts monocrystalline solar photovoltaic panels, the 235.44kWp Solar PV Rooftop System is estimated to produce 297,330kWh annually and is anticipated to mitigate I-PEX’s carbon footprint by an estimated 116 metric tons a year. This is equivalent to saving 50,675 liters of gasoline annually and planting 3,480 new trees. Additionally, the system will reduce I-PEX's reliance on conventional energy sources. This eco-friendly project aligns with the global push towards renewable energy solutions and showcases both ������PC's and IPEX's dedication to environmental stewardship.

According to Mr. Takeshi Hanazawa, Vice-President of I-PEX Philippines, "Our partnership with ������ Power on this solar rooftop project is a testament to our dedication to environmental sustainability and innovation. This is aligned with our goal of reducing our carbon footprint and showcase the importance of adopting eco-conscious solutions. We look forward to the positive impact this project will have on both our business and the environment, setting an example for responsible corporate practices in the country."

������ Power affirms the partnership of both companies on sustainability endeavors.

"We are thrilled to work with I-PEX Philippines on this worthwhile initiative. By harnessing the power of the sun, we are confident that I-PEX will not only enjoy long-term cost savings but also set a remarkable example for other businesses to adopt sustainable energy practices," Salvador M. Salire, Jr., General Manager of ������ Power, says.

I-PEX is renowned for its diverse range of products and services, catering to various industries. The company specializes in designing and manufacturing of connectors, sensors, and semiconductor manufacturing equipment. Over its 60-year history, I-PEX excels in the manufacturing of precision plastic molded products for automotive and computer applications while supplying an array of manufacturing equipment.

������ Power, on the other hand, is a power generation company that also offers a wide range of electrical equipment, services and solutions. As part of its commitment to sustainability and green energy initiatives, it has been establishing itself in the solar rooftop space. ������ Power is a registered Energy Service Company at the Department of Energy and a licensed electromechanical contractor by the Philippine Contractors Accreditation Board.

Vision 2030 is Saudi Arabia’s masterplan to transform and diversify its economy by shifting away from its reliance on oil and focusing on other future growth industries. By 2030, Saudi aims to achieve three main goals: move away from economic reliance on oil, uplift the lives of its people and sustain its place on the global stage.

As Saudi Arabia continues to make progress on Vision 2030, ������ is keen to participate on the rise of potential civil, infrastructure, oil and gas business as well as employment opportunities for Filipinos.

“������ would like to be present and help in the Vision 2030 endeavors of the Kingdom of Saudi Arabia. Saudi is projected to make heavy investments towards construction projects like water systems, treatment facilities, roads, bridges and livable spaces to accommodate the growing needs of its population and the demands of its vibrant economy. Saudi is also beefing up its transportation sector and we are optimistic that ������ will be able to contribute to the infrastructure development of the Kingdom. ������’s vast experience and reliability in projects with our international partners is further evidence of our excellence and readiness to undertake massive projects here and abroad,” ������ Corporation President and CEO Henry D. Antonio says.

“While it is exciting for ������ to seek and work on prospects for various projects under Saudi’s Vision 2030 plans, one of the most fulfilling tasks we have at the company is in providing overseas work opportunities for Filipinos. The multiplier effect of Saudi’s grand plan can also mean a great demand for Filipino workforce that would ultimately benefit their families and loved ones,” Antonio continues.

In the last quarter of 2023, ������ signed a memorandum of understanding (MOU) with Samsung Engineering NEC Co. Ltd. (SENEC) in Saudi Arabia to collaborate and work on projects in the country and to further expand overseas work opportunities for Filipinos. Under the MOU, ������ and SENEC are committed to work together and mutually explore opportunities to fulfill the development objectives of Saudi Arabia including providing support through Filipino manpower mobilization to the country.

Both companies recognize the skills, tenacity, adaptability and resilience of Filipino overseas workers. Labor skills in the fields of masonry, carpentry, electrical, welding, equipment management, warehousing, steel fabrication and other construction-related crafts are seen to fulfill manpower requirements for ������'s various projects not only in the Philippines but also overseas.

������ has been present in Saudi Arabia since 1993 through Al Rushaid Construction Company Limited (ARCC), the joint venture company of Al Rushaid Petroleum Investment Corporation and ������ Limited, a wholly-owned subsidiary of ������. ARCC engages in general construction and has participated in various major developments in the Kingdom of Saudi Arabia particularly in the construction of refineries and petrochemical plants, power and desalination plants, mining and industrial facilities. As one of the largest Saudi-Filipino joint ventures in Saudi, ARCC has been instrumental in providing vast overseas employment opportunities for Filipinos over the last thirty years. As of end-2023, ARCC employs 4,592 Filipinos among its 7,224 workforce and is set to add more with the new and potential prospects seen in Saudi Arabia’s Vision 2030 grand plan.

The MOU signing held at Shangri-la Hotel The Fort in Taguig City was attended by ������ Corp. President and CEO Henry D. Antonio, ZL Machinery Philippines, Inc. President Jesus Martin Cacho-Araneta, ������ Corp. Senior Vice President for SCM, Logistics, Security and Facilities Earl Jason R. Vistro, ZL Machinery Philippines, Inc. Vice General Manager Chris Zeng, and Earthmoving Machinery Business Unit Assistant President and General Manager Ye Yuan.

Under the MOU, ������ Corporation will purchase brand new heavy and construction machineries from ZL Machinery Philippines and Zoomlion for the company’s equipment re-fleeting project in the Philippines and for its overseas business.

“We anticipate a surge in infrastructure projects from next year onwards which we are committed to accomplish, not just in terms of target schedules and completion, but also with excellent service and quality that come with working with ������. We also have to be efficient with our capex (capital expenditure) budget. Acquiring equipment for several projects is one of the prudent investments we have to make to meet the demands of infrastructure work,” ������ Corp. President and CEO Henry D. Antonio states.

Antonio and Vistro recently flew to China to visit the Zoomlion Smart City and negotiated high-level terms of contract.

“In this industry, equipment reliability is a highly critical aspect of ensuring construction projects are executed on schedule. We believe that Zoomlion’s equipment and excellence in after-sales service and support will improve the capability of ������’s project delivery and keep it on track,” Antonio adds.

Zoomlion Heavy Industry Science & Technology Co., Ltd. (ZHIST), founded in 1992, is mainly engaged in the R&D and manufacturing of construction machinery, agricultural machinery and other high-tech equipment and new construction materials. Over three decades of innovative development, ZHIST has steadily grown into a global enterprise, with key products covering 18 categories, 106 product series and 660 varieties. Zoomlion has been listed in Shenzhen and Hong Kong stock markets, becoming the first company in the industry to be listed in both markets.

������ Corporation is recognized as one of the leading construction companies in the Philippines with multiple mega infrastructure projects in the pipeline including railway projects in the country. The company has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities. Its partnership with global contractors enabled ������ to achieve world-caliber project management expertise and competencies in all fields and disciplines of construction.

This collaboration between MMMC and ������ Power aims to harness clean and renewable energy to power a substantial portion of the former's operation. The 376.2kWp solar rooftop system will not only reduce the hospital's reliance on conventional power but also contribute to long-term cost savings, allowing for the reallocation of MMMC’s resources to enhance patient care and facility upgrades.

Comprised of 691 pieces of JA Solar 545 watts monocrystalline solar photovoltaic panels, the 376.2kWp solar PV rooftop system is estimated to produce 509,000kWh of clean energy annually. Through this project, MMMC is expected to reduce its carbon footprint by as much as 4,988 metric tons, which is equivalent to 5,955 trees planted and 86,751 liters of gasoline.

The signing ceremony was attended by key representatives from both Mary Mediatrix Medical Center and ������ Power, a testament to their shared vision for a sustainable future, aligning with global efforts to address climate change and promote green energy solutions.

Speaking at the ceremony, Jose Ronaldo H. Delos Santos, President and CEO of Mary Mediatrix Medical Center, expressed enthusiasm about the positive impact this project would have on the hospital's operations. He stated that “this collaboration with ������ Power aligns with our commitment as a healthcare organization to providing top-notch healthcare while doing our part in caring for the environment and helping this planet heal.”

For his part, ������ Power General Manager Salvador M. Salire, Jr. emphasized the importance of such partnerships in fostering a greener and more sustainable future. “In ������ Power, we are moved by our noble quest of ‘Powering the FUTURE Today!’ and it is such an honor that we are accorded the privilege to partner with Mary Mediatrix Medical Center, ‘The Hub of Healthcare Experts,’ for this worthwhile endeavor,” Mr. Salire affirmed.

Installation works for this solar rooftop project is scheduled to commence immediately, with both MMMC and ������ Power working diligently to ensure its successful implementation. As the healthcare industry continues to evolve, initiatives like these underscore the importance of incorporating sustainable practices to create a healthier and more resilient future.

MMMC, which is part of the Mount Grace Hospitals, Inc. network, has a rich history spanning more than 70 years of delivering quality medical service, taking roots from the former Magsino General Hospital. It is a premier healthcare provider and recognized as the most admired and preferred medical center in South Luzon. MMMC prides itself as a Level III hospital with among the most advanced medical systems and internationallytrained and seasoned specialists.

On the other hand, ������ Power, the power arm of ������ Corporation and a member of the Yuchengco Group of Companies, offers a wide range of power solutions for electrical equipment and services. It is a licensed electro-mechanical contractor by the Philippine Contractors Accreditation Board and an Energy Service Company registered with the Department of Energy. As part of its commitment to sustainable development, ������ Power has become a recognized name in the solar rooftop domain. Through its wholly-owned subsidiary, ������ Energy Solutions Corporation, it is also actively engaged in the retail electricity supply business.