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 pe...
In line with President Ferdinand R. Marcos Jr.’s directive to uphold the spirit of the Local Government Code—promoting meaningful participation of local government units (LGUs) in infrastructure projects that directly impact their constituents—the Department of Public Works and Highways (DPWH) continues to strengthen its partnership with the LGUs of Tangu...
President Ferdinand Marcos Jr. has appointed Vivencio “Vince” Bringas Dizon as the new Secretary of the Department of Public Works and Highways (DPWH), following the resignation of Manuel Bonoan on September 1, 2025. Dizon, 51, is an economist and career technocrat who has held key roles in government over the past two decades. He is best known for his...
A major milestone in Philippine infrastructure was reached on Friday, Aug. 29, 2025, as the Department of Public Works and Highways (DPWH) held a ceremonial breakthrough for the southbound tunnel of the Davao City Bypass Construction Project (DCBCP), marking the successful connection of its north and south ends. The 2.3-kilometer tunnel, a centerpiece ...
The Department of Public Works and Highways (DPWH) reaffirmed its commitment to further strengthening infrastructure development in the country through its robust partnership with the Japan International Cooperation Agency (JICA), following a high-level meeting with Japanese parliamentarians on August 27, 2025. DPWH Senior Undersecretary Emil K. Sadain...
A major milestone in Philippine infrastructure development is just days away, as the Department of Public Works and Highways (DPWH) announced that fewer than 2 meters remain before the excavation breakthrough of the 2.3-kilometer southbound tunnel of the Davao City Bypass Construction Project (DCBCP). The breakthrough, expected this week, will mark a h...
The Department of Public Works and Highways (DPWH) reported considerable progress in the ongoing interisland linkage project between Davao City and Samal Island across the Pakiputan Strait in the Davao Region. In an inspection report to Secretary Manuel M. Bonoan, DPWH Senior Undersecretary Emil K. Sadain said various substructure works for the Samal I...
Leading construction company EEI Corporation (EEI) sees stronger revenue visibility and growth as it resurges with a PHP36.85-billion total backlog, or unworked portion of existing contracts, as of July 2025. This represents a 40% jump compared to the PHP26.39-billion reported backlog during the second quarter of the previous year. The company regained...
Megawide Construction Corp. (Megawide) booked a consolidated net income of P436 million in the first six months of 2025, equivalent to 81 percent of its full-year 2024 earnings. Consolidated revenues during the period reached P8.6 billion, as several projects neared completion. Earnings before interest, taxes, depreciation, and amortization (EBITDA) st...
The San Pedro City, Laguna, northbound interchange of the South Luzon Expressway (SLEX) finally opened on August 1, 2025, providing the city and its neighbouring areas with the fastest route to Metro Manila and the most convenient entry from farther south. The ceremonial inauguration of the entry/exit interchange was led by DPWH Secretary Manuel M. Bon...
The Department of Public Works and Highways, in partnership with the Japan International Cooperation Agency, is intensifying efforts to finalize updated flood control master plans for the Pasig-Marikina and Cagayan River Basins — two major waterways in Luzon that play a crucial role in supporting the economic growth of Metro Manila and the Cagayan Valley ...
In his fourth State of the Nation Address (SONA) delivered on July 28, 2025, President Ferdinand “Bongbong” R. Marcos Jr. reaffirmed his administration’s commitment to infrastructure expansion, rural development and regional connectivity. He outlined key achievements while confronting ongoing issues, stating, “We are building not just for today, but for g...
The Department of Public Works and Highways (DPWH) and the Japan International Cooperation Agency (JICA) have successfully concluded the wrap-up meeting for the ongoing Fact-Finding Mission on the Second San Juanico Bridge (SSJB) Construction Project. Held on July 25, 2025, the meeting marked a key milestone in the project, with DPWH Senior Undersecret...
The Philippines' infrastructure sector is set to receive a major boost in foreign investment as Global Infrastructure Partners (GIP)—a part of BlackRock and one of the world’s leading infrastructure investors—moves toward finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV). The discussions include GIP’s potential acquisition of a...
Construction giant EEI Corporation recently marked its 50th year as a listed company at the Philippine Stock Exchange (PSE). During a bell-ringing ceremony, the PSE recognized the company’s legacy as one of the leading construction firms to participate in the equity markets through its public listing. “This half a century of our presence in the stock e...
The Department of Public Works and Highways (DPWH) has intensified construction work on the twin-tube mountain tunnels of the 45.5-kilometer Davao City Bypass Construction Project, as excavation of the southbound tunnel nears its breakthrough phase. In an inspection report to DPWH Secretary Manuel M. Bonoan, Senior Undersecretary Emil K. Sadain noted t...
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