Aboitiz construction unit in talks with China firms for partnership
Richmond Mercurio (The Philippine Star) - October 3, 2018 - 12:00am

MANILA, Philippines — The building and construction arm of the Aboitiz Group is in talks with Chinese engineering, procurement, and construction entities for possible partnership as part of ongoing efforts to transform and grow the business.

Aboitiz Construction Inc. (ACI) said it is in negotiations with a number of Chinese firms to serve either as a joint venture partner or a major subcontractor for their projects in the country.

The Aboitiz management has rebranded its construction company into ACI and established its international arm, Aboitiz Construction International Inc. in a move to position the business as a full-service engineering, procurement and construction company.

ACI plans to pursue new markets and revenue sources while strengthening its industry foothold and enhancing its value proposition of reliability, integrity, safety and quality.

“In doing this, we are also happy to share that we provide local jobs while we pursue our growth potential in the engineering and construction industry, allowing us to truly manifest the Aboitiz brand promise of advancing business and communities,” ACI president and chief operating officer Albert Ignacio said.

On its 43rd year in business, ACI said it bagged numerous projects including the facility expansion of a shipbuilding company in Cebu and modular fabrication work for a plant in Canada.

It has a lineup of projects for a power plant in Sarangani, a petrochemical plant in Bataan, The Outlets in Lipa in Batangas, fabrication works for a Korean and a Japanese company, among others.

ACI has also processed more inquiries and requests for quotations from Japanese and Chinese firms.

To date, ACI has provided services to clients in 18 countries, offering modular fabrication works for heaters, heat exchangers, and similar specialty services.

The company has a regular workforce of over 600 engineers, technicians and administrative professionals supported by a ready pool of over 5,000 skilled personnel.

ABOITIZ CONSTRUCTION INC. CONSTRUCTION
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