Leading construction company EEI Corporation (EEI) sees stronger revenue visibility and growth as its total backlog, or the unworked portion of existing contracts, has grown to P36.85 billion as of July 2025.
This is a 40 percent jump compared to the P26.39 billion backlog reported during the second quarter of the previous year.
The company is gaining momentum after a significant loss at the end of fiscal year 2024, which was primarily caused by provisions for claims related to prolonged pandemic lockdowns.
During the lockdowns, EEI prioritized the safety and well-being of its people, continuing to pay full wages, food, and lodging to active employees despite the work stoppages.
“Sometimes, we need to take a step back if we want to take care of our employees, particularly during the most difficult times,” said Henry Antonio, EEI president and chief executive.
“We believe that profitability is not the only metric for responsible corporate governance, and that the measures we took in the past were necessary for the long-term future of EEI. Now that we have momentum back in obtaining new projects, we are confident that we will have the full support of the workforce that we took care of during those times of uncertainty.”
EEI recently secured two infrastructure contracts for the South Commuter Railway Project (SCRP) 07. The projects are worth a combined P1.8 billion.
“These new projects reaffirm EEI’s commitment to delivering world-class infrastructure that not only drives mobility, commerce, and community development, but also improves the quality of life for Filipinos,” said Anna Sheila Figuera, senior vice president and head of the commercial and operations division.
“Better roads and transport systems mean easier commutes, greater access to opportunities, and stronger connections between communities. We are proud to collaborate with our partners in building the critical transport link that will shape the country’s future.”
EEI will undertake the P1.7 billion SCRP-07 Earthworks in Banlic, Laguna, and the P188 million SCRP-07 Underpass Works. The scope of work includes site development, earthworks, subbase and base course, surface course, structural works, drainage systems, irrigation channels, and other related infrastructure. EEI will work with Lotte-Gulermak-EEI Joint Venture (LGEJV) to complete the project.
SCRP is part of the larger North-South Commuter Railway (NSCR) project and will reduce travel time between Metro Manila and Laguna upon completion. It is a part of the Philippine government’s “Build Better More” infrastructure program, which aims to enhance transport efficiency and support economic activity across key growth areas in the country.
With its decades of expertise in large-scale infrastructure, EEI continues to be a driving force in the industry by prioritizing projects that connect people, facilitate economic growth, and promote sustainable growth across the country.
