Leading construction company EEI Corporation (EEI) has been awarded the construction of Cavite-Laguna Expressway (CALAX) Subsection 1 in Kawit, Cavite, and Megaworld Corporation’s Arcovia Hotel in Pasig City. This brings the Company’s total project wins in the third quarter of 2025 alone to PHP 19.1 billion, marking a solid turnaround from its recorded performance in the previous year. The Company’s total backlog or unworked portion of existing contracts as of end August 2025 is PHP 39.24 billion.
MPCALA Holdings Inc. (MHI) recently awarded EEI the construction of selected sections of CALAX Subsection 1 in Kawit, Cavite. It is a PHP 2.7 billion project which covers the construction of the roadway, drainage systems, and related structures. Once completed, CALAX is expected to significantly improve connectivity between Cavite and Laguna, easing traffic congestion and supporting regional economic growth.
In the hospitality sector, EEI secured a contract with Megaworld Corporation for the construction of Arcovia Hotel in Pasig City. The scope of work includes civil, structural, and architectural finishing, including painting and waterproofing works.
“These new project wins mark a significant turnaround for EEI, reflecting our resilience, competitiveness in the industry, and renewed growth momentum. More than expanding our portfolio, these infrastructure and building projects reaffirm our commitment to nation-building by helping drive economic growth, enabling connectivity, and delivering facilities that uplift the lives of our people and our communities,” said EEI Senior Vice President and Head of Commercial and Operations, Anna Payawal-Figuera.
Backed by a healthy pipeline of projects, EEI looks forward to sustaining its growth trajectory and further contributing to the country’s development and economic growth.
On August 22, EEI announced its strategic expansion into real estate development by capitalizing on its overall land bank of 139 hectares in various strategic locations. This move marks a significant milestone in the Company’s long-term growth strategy to evolve from a pure-play construction company into a fully integrated property and infrastructure developer.
By entering the real estate development space, EEI aims to capture greater value across the property lifecycle. The diversification is designed to leverage the Company’s extensive construction expertise, robust project management capabilities, and established industry relationships.
The company is currently preparing its initial pipeline of real estate projects for various properties located in Makati, Quezon City, Bataan, Cavite, and Pampanga. These will be undertaken with the same commitment to quality that has characterized EEI’s track record in construction.
“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.
Along with this vision, EEI, in support of the government’s push to address housing backlog in the country, will also develop quality housing projects in various prime locations within Greater Manila Area.
EEI will also develop an Affordable Luxury Micro Condominium (ALMC) in Clark, Pampanga. The project's vision is to create a living environment designed with thoughtful spaces that go beyond a workers’ accommodation facility.
In Cavite, EEI is set to transform a property into an integrated township that will house residential and commercial spaces, office buildings, sports, leisure and entertainment amenities.
“Real estate development represents a logical and timely progression for our organization. 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 to our stakeholders. It also supports our sustainability commitment by providing socialized, decent and sustainable living spaces for our people,” Antonio added.
“Diversifying into real estate development is consistent with our long-term vision of becoming a fully integrated industry leader. We remain committed to delivering sustainable growth, enhancing shareholder value and contributing to nation-building,” said Toni Venette Picar, EEI Vice President for Corporate Finance and New Business Development.
EEI’s real estate diversification positions the Company as a forward-looking, diversified company that goes beyond its reputation in construction and engineering.
