Aboitiz Construction says more projects to be completed this year
By Arjay L. Balinbin | Business World | February 2, 2022 12:04AM
ABOITIZ Construction, Inc. said it expects completion of various projects this year, including the construction of a 6,000-square-meter warehouse in Iloilo City and a water infrastructure in Batangas.
The company also intends to “further expand into water and transportation infrastructure, projects for ready-built factories, and maintenance services,” Aboitiz Construction said in an e-mailed statement on Monday.
“Aboitiz Construction expanded its portfolio in infrastructure after bagging a deal to design and build an additional overhead transmission line project for Lima Enerzone, a distribution company under AboitizPower,” it noted.
“It also received an award for the construction of a water infrastructure project for Lima Land, Inc. in Batangas. Most recently, it confirmed the construction of a warehouse for Therma Visayas, Inc. in Toledo City. These projects are expected to be completed in 2022.”
It is also expecting to complete this year the construction of a 6,000-square-meter warehouse for a local food company in Iloilo City.
The company has already started work on its projects in Parañaque City, which include the construction of a 26,000-square-meter warehouse and office buildings.
“In line with our vision to solidify our national footprint, we are also expanding our portfolio and continuously looking for better ways to help in building a better future for a better Philippines,” said Levi B. Agoncillo, Aboitiz Construction’s vice-president for business development, tender planning, engineering, and design.
The company started implementing its “Big Shift Strategy” in 2021, which targets the improvement of its financial performance, processes, and people development.
“2021 is our recovery period and through teamwork, we became stronger and steadfast. As we drive towards expanding operations and setting a national footprint, we have started to implement programs that will continue this momentum through 2022,” said Aboitiz Construction Chairman and President Anton Mari G. Perdices.
The company said that among its accomplishments last year was the completion of maintenance and shutdown works at the Sarangani Energy Corp.’s thermal power plant.
Civil works for the expansion of a fuel storage facility in Subic, Zambales and construction works for a local manufacturer and distributor of high-grade oleochemicals in Misamis Oriental were also completed in 2021.
Source: Business World