Philippines leading construction and engineering firm EEI Corporation announced the creation of a new subsidiary that will engage in the business of owning and operating a technical and vocational training with an initial investment of PhP30 million.
Based on its disclosure to the Philippine Stock Exchange on March 21, 2025, EEI said that its Executive Committee has approved on March 20, 2025 the incorporation of the new education-focused subsidiary.
In the same disclosure, EEI said that its Executive Committee also approved the additional investment of SAR49 million, approximately P735 million, to its wholly-owned subsidiary, EEI Limited, to fund current and future international projects.