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Manila Bulletin devider Business devider The Stock Market devider New project wins boost EEI backlog to ₱39 billion

New project wins boost EEI backlog to ₱39 billion

Published Sep 8, 2025 10:40 am
Construction firm EEI Corp. (EEI) has so far won ₱19.1 billion worth of new projects in the third quarter of 2025, increasing its total backlog or unworked portion of existing contracts to ₱39.24 billion as of the end of August this year.
This comes after the company has been awarded the construction of Cavite-Laguna Expressway (CALAX) subsection 1 in Kawit, Cavite, and Megaworld Corp.’s Arcovia Hotel in Pasig City.
This marks a solid turnaround from its recorded performance in the previous year, said EEI in a disclosure to the Philippine Stock Exchange (PSE).
MPCALA Holdings Inc. (MHI) recently awarded to EEI the construction of selected sections of CALAX subsection 1, a ₱2.7-billion project that covers construction of the roadway, drainage systems, and related structures.
Once completed, CALAX is expected to significantly improve connectivity between Cavite and Laguna, easing traffic congestion and supporting regional economic growth.
In the hospitality sector, EEI secured a contract with Megaworld for the construction of Arcovia Hotel in Pasig. The scope of work includes civil, structural, and architectural finishing, including painting and waterproofing works.
“These new project wins mark a significant turnaround for EEI, reflecting our resilience, competitiveness in the industry, and renewed growth momentum,” said EEI Senior Vice President and Head of Commercial and Operations Anna Payawal-Figuera.
She added that, “More than expanding our portfolio, this infrastructure and building projects reaffirm our commitment to nation-building by helping drive economic growth, enabling connectivity, and delivering facilities that uplift the lives of our people and our communities.”
Backed by a healthy pipeline of projects, EEI said it looks forward to sustaining its growth trajectory and further contributing to the country’s development and economic growth.

Related Tags

EEI Corporation Megaworld Corporation Cavite-Laguna Expressway Anna Payawal-Figuera
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