Construction Giant diversifies into Real Estate, eyes Housing and Township Projects

Recognized leader in the Philippine construction sector, EEI Corporation (EEI), announced today its strategic expansion into real estate development by capitalizing on in 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 have 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 location 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 goes 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 for 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.

The EEI’s real estate diversification positions the Company as a forward-looking, diversified company that goes beyond its reputation in construction and engineering.