Construction

The Department of Public Works and Highways (DPWH) has formed a design and build committee and a technical working group to do the preparations for the tender of the P27-billion Philippine International Exhibition Center (PIEC) project. DPWH Secretary Manuel Bonoan said the two groups would assist the special bids and awards committee (SBAC) in undertaking the procurement or selection of …

The Philippine Navy (PN) is preparing for the possible occupation of the Grande and Chiquita Islands once these are declared as military reservations. “The thrust right now of the PN is to prepare for eventual occupation or preparation of the land that will be awarded through a presidential proclamation declaring Grande Island (and) Chiquita Island as military reservations,” PN spokesperson …

Transport Secretary Vince Dizon has ordered the expansion of Siargao Airport, the Department of Transportation (DOTr) announced last week. According to the agency, Dizon expressed frustration over the airport’s congestion during his recent inspection, saying that the facility was too cramped for travelers. “Tututukan natin ang expansion at pagpapaganda ng Siargao Airport bilang isang international gateway na nagpapakita ng lumalaking …

A Madrid-based multinational corporation focused on infrastructure and renewable energy has begun its construction for Contract Package 2 of the South Commuter Railways Project (SCRP) last week. Acciona, the multinational company has partnered with DM Consunji Inc for the said project.  Acciona, which has a strong track record in railway projects, including the 160-kilometer Madrid–Seville High-Speed Rail Line, is bringing …

The Philippines is becoming a preferred investment destination in Southeast Asia by firms moving away from China, according to the Philippine Economic Zone Authority (PEZA). In a statement released to media entities, PEZA Director General Tereso Panga explained, “Under the current Trump 2.0 trade regime, the C+1 (China Plus One) strategy seemingly has evolved into C+1+1 (or C + 2), …

Megawide Construction Corp., led by Ed Saavedra, is set to raise P6 billion through a preferred share offering from March 26 to April 4, 2025, as part of its strategy to refinance existing debt and fund expansion projects, particularly in real estate development. The offering is led by a syndicate comprising PNB Capital and Investment Corp., RCBC Capital Corp., and …

Filinvest Land, Inc. (FLI) plans to open Filinvest Malls Mimosa in Clark by the fourth quarter of the year. “We’re concentrating on opening at least this 21,000 square meters (21sq.m.) in the fourth quarter [of 2025],” Filinvest Malls First Vice-President and Retail Business Unit Head Mitch Dumlao said at a news briefing during the company’s 70th-anniversary celebration two weeks ago. …

Megaworld, one of the leading property builders,  is spending P30 billion over the next  five years to build more office spaces around the country. Kevin Tan, president and CEO of Megaworld parent Alliance Global Group,  said they plan to open some 50,000 square meters of office inventory in Bacolod, Iloilo, and Cebu. This in addition to the 60,000 square meters …

By Jinky Jorgio Officials from the Department of Public Works and Highways (DPWH) and the Asian Development Bank (ADB) officially launched  the consultative meeting for the proposed Central Luzon-Pampanga River Floodway Project and the Integrated Flood Resilience and Adaptation 2 (InFRA 2) Project that focuses on three major river basins in Luzon, Visayas, and Mindanao. The kick-off meeting  last March …

The Metropolitan Manila Development Authority (MMDA) and the San Juan City government have signed an agreement for the construction of a sustainable linear park along the San Juan River. MMDA Chair Romando Artes and Mayor Francis Zamora signed a memorandum of agreement (MOA) for the development of the park and applying nature-based solutions during the groundbreaking ceremony at the San …