Construction

The Bases Conversion and Development Authority (BCDA)  and National Development Corporation. (NDC) have  formalized a strategic partnership  to finance and implement high-impact projects in New Clark City.  BCDA President and Chief Executive Officer Joshua M. Bingcang and NDC General Manager Antonilo DC Mauricio signed a memorandum of understanding (MOU) creating a collaborative framework for the urban development of New Clark …

The  extension for the construction period and other adjustments for the Cavite Industrial Area-Flood Risk Management Project and the Pasig-Marikina Rivel Channel Improvement Project-Phase IV have been approved by President Marcos. According to the National Economic Development Authority (NEDA) board, chaired by President Marcos  himself., the approval for the adjustment was made during a meeting in Malacanang last week. “I …

President Marcos  said  work on the Bicol River Basin Development Program (BRBDP) would begin in the first quarter of 2025. Marcos also distributed assistance for those affected by STS Kristine. “Hulyo nitong taon ay nakompleto na ng Department of Public Works and Highways ang updating, ang pagbabago ng masterplan at feasibility study ng Bicol River Basin upang gawin itong akma …

President  Ferdinand Marcos, Jr led the turnover of shelter kits to communities affected by severe tropical storm Kristine in Talisay and Laurel municipalities in Batangas. The kits were donated by the Metrobank Foundation (MBFI). The donation is part of MBFI’s P10-million pledge  following the government’s call for private sector support for relief and rehabilitation efforts, during the Oct. 28 presentation …

SM China, a subsidiary of SM Prime Holdings Inc., has made it to the GuanDian Index Research Institute’s “Performance Index: 2024 Commercial Real Estate Performance” list, with the company cited for its outstanding performance in operations, management, branding, and innovation. The annual performance index of GuanDian, a provider of industry information and data analysis in China,  recognizes remarkable performance in …

San Miguel Corporation. (SMC), which   has taken over the responsibility of  managing  the Ninoy Aquino International Airport (NAIA)  since September, is hoping to change the image as  the “worst airport:  in the world. SMC is tasked to undertake the P170.6-billion rehabilitation of the NAIA to scale up its passenger capacity to 62 million per annum and flight movement to …

In  a bid to elevate the construction expertise of its Filipino employees and subcontractors, Japanese construction services firm Sumisetsu Philippines Inc. (SPI), the local subsidiary of Sumitomo Densetsu, has opened a new training facility in Bulacan. SPI said its new Technical Center, a three-building state-of-the-art facility in Baliuag, was opened  “for training and skills building of its employees, subcontractors, and …

President Ferdinand R. Marcos Jr. led the opening of the new mega distribution facility of logistics giant Maersk, which is seen to boost the country’s import and export activities and bring the Philippine logistics system closer to becoming “a powerful force.” “With the grand opening of the Maersk Optimus Distribution Center, our logistics system will be a step closer to …

The Department of Public Works and Highways (DPWH) played a key role at the first Mindanao Infrastructure Summit organized by the Mindanao Development Authority (MinDA) last month. This significant event brought together national and local leaders, policymakers, and stakeholders to chart the course of Mindanao’s infrastructure development and promote collaborative efforts toward sustainable growth. DPWH Senior Undersecretary Emil K. Sadain …

The United States government is providing Php84 million ($1.5 million) to support the Philippine government’s response to Tropical Storm Kristine, known internationally as Trami.  This funding will augment the U.S. Agency for International Development’s (USAID) ongoing efforts to deliver lifesaving assistance that will help individuals severely affected by the storm in the Bicol region and Batangas recover safely and with …