D.M. Consunji Inc. said it bagged P11.7 billion worth of construction projects in the first six months of the year, up 169 percent from P4.5 billion year-on-year.
DMCI said the new construction projects boosted its order book to P26.8 billion for implementation over 18 to 24 months.
Among DMCI’s newly-signed projects are the Cavite-Laguna Expressway project of MPCALA Holdings, Inc., Anchor Grand Suites of Anchor Land, the Bued Viaduct and Roadway of Private Infra Dev Corp., the LRT 2 East (Masinag) Stations under the Department of Transportation, and the civil works for a thermal power plant for engineering procurement and construction contractor JGC Philippines.
“We are seeing some uptick in infrastructure projects but the construction growth is still primarily driven by the private sector,” said DMCI president and chief executive Jorge Consunji.