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Thursday, March 28, 2024

Honda remains committed to revolutionizing the Philippine Construction Industry

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Honda Power Products newest revolutionary engine, the GX Cyclone Model, come on time when the country’s construction industry is booming.

As early as May 2016, various reports showed that the rate of construction growth in the Philippines will remain relatively high until 2020, fueled by greater focus on infrastructure improvement both on the private and government sector. London-based Timetric’s Construction Intelligence Center (CIC), for instance, said the Philippine construction industry is expected to grow in the next four years, reaching $47.0 billion in 2020 from the report in Construction in the Philippines- Key Trends and Opportunities to 2020, which was released in March 2016.

The largest contributor to the Philippine construction industry is the residential market which is expected to account for as much as 33.9% of the industry’s total value in 2020. With the onset of an expanding middle-class population, urbanization of underprivileged areas, as well as housing projects for low-and middle-income groups. To further market growth, the government’s Home Development Mutual Fund (Pag-IBIG Fund) financing scheme is expected to provide continued support to low-and middle-income households. Meanwhile, the infrastructure market is not only expected to be the second largest contributor but also the fastest-growing sector in the construction industry, with the report seeing the said market to reach $14.7 billion in 2020 at a CAGR of 14.14%, driven by government plans to develop high-speed rail links, highways, and sea ports through PPPs or public-private partnerships.

Known to be the No.1 engine manufacturer in the world, Honda’s products and processes are designed to put safe, efficient, economical, and environment-friendly technology at the service of people and the community. With the booming economy and construction industry, Honda intends to keep the Philippines moving in more ways than one. Whether on wheels, on electric power, on land or at sea, the company's commitment to quality and customer service remains unchanged.

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Unveiled in November 2016 under the Honda Power Products line are GX 160T2 QCT and GX 390T2 QCT. The new GX Cyclone Engines are air-cooled 4-stroke OHV (overhead valve) engine equipped with cyclone air cleaner capable to do three-stage filtering: first, by pre-cleaning large debris and sand and, next filtering of dust at the foam element, then removing the fine particles through paper filter element — all of these to extend the engine maintenance interval.

More than that, Honda GX Engine series offer power for a variety of commercial industrial application such as but not limited to concrete cutter, plate compactor, finishing screed, tamping rammer, road roller and concrete mixer.

Honda Power Products adhere to high technological standards; technological expertise, continuous research and development, and meticulous quality control honed through years of experience are applied to customer satisfaction. The results are machines that are efficient, economical and environment-friendly — products that deliver good value at reasonable prices. Moreover, Honda guarantees two-year product warranty with excellent after sales service through Honda Power Products dealer network nationwide.

For more information about Honda Power Products, please call (02) 581-6700 to 99. Keep up with the latest information and announcements about Honda through liking the fan page or visit Honda website at www.hondaph.com.

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