EEI Corporation (EEI), a leader in the Philippine construction sector, announced its strategic expansion into real estate development. This move leverages the company’s extensive 139-hectare land bank and marks a significant step in its long-term strategy to evolve 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. This diversification is designed to capitalize on the company’s robust construction expertise, project management capabilities, and established industry relationships. EEI is currently preparing an initial pipeline of projects in key locations, including Makati, Quezon City, Bataan, Cavite, and Pampanga.
“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,” said EEI President and CEO Henry D. Antonio. He added that the move would also strengthen the company’s competitive position, diversify revenue streams, and create additional long-term value for stakeholders.
In line with this vision, EEI will support the government’s push to address the country’s housing backlog by developing quality housing projects in the Greater Manila Area. The company also plans to build an Affordable Luxury Micro Condominium (ALMC) in Clark, Pampanga, which is designed to go beyond typical worker accommodations by creating a thoughtful living environment. Additionally, EEI is set to transform a property in Cavite into an integrated township that will include residential and commercial spaces, office buildings, and sports, leisure, and entertainment amenities.
“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.
This strategic expansion positions EEI as a forward-looking, diversified company, solidifying its reputation beyond construction and engineering.
