D.M. Consunji Inc., a wholly-owned subsidiary of DMCI Holdings Inc., clinched power and water project contracts worth P2.9 billion in the third quarter, bringing the company’s total order book to over P31 billion in the first nine months of 2015.
DMCI vice president Rebecca Civil told reporters that bulk of the order booked in the third quarter period came from The Imperium, a premier residential development of Ortigas & Company Ltd. Partnership located at Capitol Commons, with an order of P1.3 billion.
DMCI is set to begin the 42-month structural and basic architectural works for the 67-story residential high-rise by December.
The building will feature trapezoidal canted windows and unobstructed views of the Ortigas skyline and Antipolo hills. It is due for completion by 2019.
Civil said the company also begun constructing the Areté, the creative hyub of the Ateneo de Manila University in Quezon City, costing P700 million. The target completion for the hub is set on February 2017.
She said the project included three separate structures: a three-story theater building that houses the main theater; block box theater and a museum; a four-storey innovation/learning building; and the utility center building.
All structures will be connected by a bridgeway to facilitate foot traffic. Areté is envisioned to be the “Museum of Modern Art” of the Philippines.
Another building project is the second phase of the office expansion of TV5 Network Inc., which involves the construction of a nine-story building with a combined floor area of 20,031 square meters
The Consunji-owned construction company will also build two diesel power plants in Palawan and Sultan Kudarat provinces. Once completed, the facilities will have a combined capacity of 13.59 megawatts.
DMCI also won the contract to build award the Tirona Pumping Station and Reservoir project in Kawit, Cavite. The facility will be used to temporarily store and distribute 35 millimiter of potable water to Barangay Gahak residents.
DMCI is one of the leading engineering and construction firms in the country. Its pioneering engineering and construction methodologies have allowed it to complete over 500 projects of varying scale and complexity.
Its portfolio of completed projects includes landmark structures such as the Philippine International Convention Center, Cultural Center of the Philippines and Istana Nurul Iman Palace, the official residence of the Sultan of Brunei.