Aboitiz Construction expanding via ‘Big Shift’
By Emmie V. Abadilla | Manila Bulletin | September 13, 2021 4:23 PM
Aboitiz Construction, Inc. (ACI) is implementing its ‘Big Shift Strategy’ this 2021 to secure more projects and boost its finances.
“Despite the challenges, our Big Shift strategy is materializing to create long term value for our stakeholders,” said Aboitiz Construction Chairman and President Anton Mari G. Perdices.
Already, the company closed a deal with a logistics giant to build a warehouse and office buildings with a floor area of about 26,000 square meters in Parañaque City.
It also won the contract for the design and construction of a 6,000 square-meter warehouse in Iloilo.
For its infrastructure portfolio, Aboitiz Construction clinched the design and build contract for an additional overhead transmission line project, one Substation, along with a water infrastructure project, all within the LIMA technology park in Batangas.
Its Industrial division was awarded another design and build project for the largest independent fuel storage facility in the Philippines.
The project involves various structural and piping works for the corporation’s liquid fuel depot in Subic.
Recently, Aboitiz Construction also received the go signal to proceed with the shutdown works for a coal power plant in Sarangani.
Aboitiz Construction”s completed projects include construction works for a local market leader manufacturer and distributor of high-grade oleochemicals as well as the expansion of a fuel storage facility in Subic, Zambales that added storage facilities for liquid fuels.
In the first quarter of 2021, the company built more than 400 houses for the AMOA project in Cebu in partnership with AboitizLand, Inc.
Last June, it also completed the design and construction of Berth 4 for Davao International Container Terminal in Panabo City, Davao del Norte.
Notably, part of its ‘Big Shift’ strategy is to streamline and digitize financial processes for cost efficiency and better resource management.
Recently, Aboitiz Construction launched the “Xcellerator” program in partnership with Union Bank of the Philippines.
The people development program will upskill 1,000 team members on design thinking, project management, and storytelling.
Source: Manila Bulletin