EEI to hire 10,000 skilled workers in 2022

Published December 1, 2021, 2:13 PM

by Bernie Cahiles-Magkilat

Construction giant EEI Corp. is hiring over 10,000 skilled workers next year to fast track completion of its current and future projects.

EEI Corporation

In a statement, EEI Corp. Vice President for Human Resources Management, Reynaldo Dizon, said the listed firm would be running on sustained high gear in the next years as it participates in bidding and secures projects from the private and public sector both here and abroad.

He revealed that EEI is looking at recruiting more than 10,000 skilled workers in 2022, including carpenters, masons, rebarmen, scaffolders, welders, pipe fitters, steel workers, engineers, architects, safety, quality control personnel, electricians, and civil works supervisors, among others.

“The economy is picking up and the construction industry is flexing its muscles as COVID-19 restrictions are relaxed. EEI Corp. will take advantage of this development and will go full blast next year,” Dizon said.

Presently, EEI Corp. has 13,382 employees across different construction projects in the Philippines, 6,909 overseas, and 3,201 in its subsidiaries.

EEI is one of the few local construction companies that provide a diverse array of career opportunities – both domestic and overseas – to its employees.

It is a leading producer of highly skilled workers much sought after in the construction and engineering labor market.

“We really take good care of our employees and their families. This has been highlighted during this pandemic when employees were housed, fed and paid their full salaries/wages despite no production during the ECQ [enhanced community quarantine] lockdowns,” said Dizon.

In terms of remuneration, the giant firm provides subsistence allowances to cover incidental expenses while on field deployment. These are on top of standard housing/accommodations while in the project sites.

“We are also among the few construction companies investing in the protection of project workers through group life and accident insurance,” he pointed out.

Recently, EEI Corp. filed for a preferred shares offering with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE).

Based on a prospectus dated October 21, EEI plans to offer up to P4 billion as base offer, with an oversubscription option of up to P2 billion to be issued in one or more subseries: Series A Preferred Shares and Series B Preferred Shares.

It has engaged RCBC Capital and SB Capital as joint lead underwriters and joint bookrunners and RCBC Capital as sole issue manager.

 
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