Construction company EEI Corp. (EEI) said Thursday it signed an agreement with a leading supplier of construction materials to secure pre-cast concrete requirements for its various big-ticket infrastructure projects.
EEI said in a stock exchange filing it signed a memorandum of understanding (MoU) with Concrete Stone Corp. (CSC) for its precast concrete requirements for projects located across the country.
“We are excited with the potential synergies between EEI and CSC. We look forward to a strong collaboration that bolsters our commitment to deliver quality and remarkable infrastructure projects that shape the Philippine landscape and contribute to the country’s connectivity, economic growth and nation-building,” said EEI president and chief executive Henry Antonio.
CSC is a corporation engaged in the manufacturing and supply of construction solution materials. Its products include aggregates, precast, cement and asphalt. CSC aims to make a positive impact through a sustainable and socio-economic business approach to be able to cater to the growing market of construction materials
“We are honored to partner with EEI Corporation and serve their precast requirements. Thanks to the size of our precast facilities nationwide, we can support EEI’s extensive precast requirements for vital infrastructure projects across the Philippines,” said CSC president Alfredo Comendador Jr.
EEI is recognized as one of the leading construction companies in the Philippines with multiple mega infrastructure projects in the pipeline including big-ticket railway projects.
The 93-year-old company has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial and electromechanical facilities.
EEI has also been present in Saudi Arabia since 1993 through Al Rushaid Construction Company Limited (ARCC), a joint venture with Al Rushaid Petroleum Investment Corp.