Construction

The Bases Conversion and Development Authority (BCDA) has secured four agreements worth P86 billion with Australian companies that will focus on smart city solutions. In a statement, BCDA said that the agreements signed cover the sectors of information and communications technology (ICT), energy, and infrastructure. BCDA President and Chief Executive Officer Joshua Bingcang said the agreements will benefit not just …

Ayala Land Inc. (ALI), the property development unit of Ayala Corp., is consolidating with at least 34 subsidiaries as part of an internal restructuring plan to simplify management and ownership structures. The Board of Directors of Ayala Corp approved its consolidation during a special meeting last week. ALI has direct ownership of 24 entities, while the others are owned indirectly …

Aboitiz InfraCapital is optimistic that its unsolicited proposal to operate and maintain the Laguindingan International Airport has a strong fighting chance against potential rivals. In an interview, Cosette Canilao, president and CEO of the Aboitiz Group’s Infrastructure arm, said they are confident with the proposal that allowed them to secure an original proponent status (OPS) in 2019. She said that …

Over a hundred US companies are interested in exploring investment opportunities in Clark, according to the Bases Conversion and Development Authority (BCDA). The BCDA, in a statement, said American firms have expressed interest in exploring investment opportunities in connective infrastructure, information and communication technology, and the critical minerals sector. BCDA Chairman Delfin Lorenzana and BCDA President and CEO Joshua Bingcang …

PH1 World Developers, a subsidiary of Megawide Construction Corporation, and real estate firm ProFriends recently signed an agreement to execute a joint venture in Imus City to create the “Metro Living with Nature Concept”. The joint venture will build One Lancaster Park (OLP) featuring nine eight-story buildings with basement parking. Under the agreement, PH1WD will develop and operate OLP’s inaugural …

The Department of Public Works and Highways (DPWH) launched a pioneering technology transfer program in South Korea to revolutionize the construction of bridges connecting land and sea such as the proposed 32.47-kilometer Panay-Guimaras-Negros Island Bridges (PGN0 project, an infrastructure Flagship Project (IFP) under the ‘Build Better More” Program with funding assistance from the Export-Import Bank of Korea (KEXIM). Public Works …

Ayala Land Inc. (ALI) recently broke ground for Evo City’s second commercial lot and first office building developments in Kawit, Cavite following the success of Evo City West District and the Residences at Evo City. The Evo City South will comprise a 25-hectare commercial district and a two-tower office complex in Techno hub Evo City that will underscore its status …

The Philippine National Police (PNP) will soon have its building in Bacolod City as local officials, along with key police officers, held a ground-breaking of the P25-million police station recently. Lt. Col. Anthony Grande, head of PNP in Himamaylan, said the PNP funded the project and expects it to be completed in one year. Grande said the police station is …

Some P7.5 billion in funding has been earmarked  for the upgrade of 22 airports and aviation facilities, including the one on Pag-asa Island. Makati City Rep. Luis Jose Angel Campos, Jr., Vice Chairman of the House Appropriations Committee, said that rehabilitation efforts will be carried out under the following budget breakdown: ·      P1.64 billion for Ninoy Aquino International …

The 2024 National Budget has allocated at least P1 billion to speed up the development of protected bicycle lanes and pedestrian pathways. The 2024 budget is a huge jump from the original P500 million proposals for the Active Transport and Safe Pathways Programs (ATSPP), according to Quezon City Representative Marvin Rillo. Rillo said the ATSPP assures Filipinos that cycling is …