DMCI Gears for Big-ticket PH Infra
Makati—(PHStocks)—Premier builder D.M. Consunji Inc. (DMCI), the construction arm under DMCI Holdings Inc. (PSE: DMC), is gearing up for the soon-to-be-launched Duterte Infrastructure Plan, touted as the biggest infrastructure push in Philippine history.
According to DMCI President Jorge A. Consunji, they have been speaking with a number of possible technology partners to complement their construction expertise.
Some of the potential partners are major players in Asia, Europe and the Middle East.
DMCI is also looking for strategic partners who can add value in terms of efficiency, cost design and methodology.
“There are new technologies being developed and adopted all over the world that can be used in the Philippines to make our infrastructure more cost-efficient and responsive to end-users,” said Consunji.
All the discussions are in the exploratory stage as the company is still awaiting bid documents for the big-ticket infrastructure projects which include roads, bridges, airports and mass urban transport.
“Based on our experience, building the infrastructure is the easy part. Getting the projects off the ground is the real challenge,” said Consunji.
In the meantime, DMCI is beefing up the skills of its manpower through additional and regular trainings. The company is likewise reviewing its equipment inventory to help facilitate equipment and personnel mobilization later on.
DMCI has a long history of building key infrastructure in the Philippines, including the EDSA-Santolan Flyover, South Metro Manila Skyway Project (Stage 2), Tarlac-Pangasinan-La Union Toll Expressway and the recently opened Phase 2A of the Ninoy Aquino International Airport Expressway.
The company is also building the portion of the Metro Manila Skyway Stage 3 that will connect Buendia in Makati to Nagtahan and Ramon Magsaysay Boulevard in Manila.
By next year, DMCI expects to proceed with the construction of the Laguna side of the Cavite-Laguna Expressway.