The company is preparing multiple projects across Makati, Quezon City, Bataan, Cavite, and Pampanga.
It joins other engineering and construction firms that diversified into real rate such as the Consunjis' DMCI Group and tycoon Edgar Saavedras’ Megawide Construction Corp.
Management’s view
“This endeavor is part of the company’s long-term strategy to strengthen and expand its role in nation building, not only in infrastructure but in providing housing solutions to a mass number of people who currently do not have access to proper, dignified, and comfortable housing accommodations in the metro and neighboring provinces,” said EEI president and CEO Henry D. Antonio.
Cavite township
EEI is also backing the government’s housing push with a pipeline of quality residential projects across the Greater Manila Area.
In Clark, it plans to launch an “affordable luxury” micro-condo that goes beyond typical worker housing, while a township project in Cavite will integrate homes, offices, and leisure spaces.
Logical progression
“Real estate development represents a logical and timely progression for our organization,” Antonio said.
“By integrating development into our business portfolio, we strengthen our competitive position, diversify our revenue streams, create additional long-term value and fulfill our investment commitment for our stakeholders,” he added.
—Edited by Miguel R. Camus
