Friday, December 15, 2017

DM Consunji returns after 26 years

CONSTRUCTION giant DM Consunji Inc. is back in Cebu to build one of the biggest infrastructure projects, the Cebu Cordova Link Expressway (CCLEX). DM Consunji president Jorge A. Consunji said the 8.5-kilometer tollway bridge connecting Cebu City and the town of Cordova will be the fourth construction project of the company in Cebu. “The reason we were unable to return was because we suddenly had so many projects and we also became busy with the projects we did outside (overseas),” the executive said. Consunji said his company was commissioned to construct SM City Cebu, Ayala Center Cebu, and the first building of Shangri-La Mactan Resort and Spa in 1991, its last project in the province. It’s been 26 years. Now that it has returned to the Queen City of the South for the construction of a P22.6-billion toll bridge, Consunji sees a more buoyant environment. “The market has changed. The local contractors are also strong now. The business is very competitive and there are so many players,” Consunji said. With the Build Build Build program of the Duterte administration, Consunji is optimistic about having more infrastructure projects in the country. “We are very optimistic but it’s how the government will sequence that. It’s not for us to see where it’s gonna be. Everybody, all the contractors, are very hopeful,” he said. The five-decade-old construction company claims to have constructed the largest number of commercial establishments, high-rise offices and residential condominiums and infrastructure projects in the country, as it has literally created today’s Makati Central Business and Ortigas Center financial districts, and continues to do so. Some of the notable commercial buildings it constructed include the Philippine Stock Exchange Plaza and Roxas Triangle; Makati Shangri-la Hotel, SM Megamall, Glorietta 4, and Alabang Town Center, among others. For infrastructure, its portfolio includes the Carmen Bridge, and the three interchanges on Manila’s main thoroughfare and, the LRT Line 1 North Extension Project and Trackworks on LRT-2. It is also involved in the industrial sector with the building of five semi-conductor facilities namely, Intel, NEC, Analog Device, Motorola and Philips; Enron Power Plant in Subic and Pinamucan, Batangas and recently the Panay Power Plant and Dingle Power in Iloilo. Overseas, the company constructed the Istana Nurul Iman (The Royal Palace) in the Sultanate of Brunei and got involved in the building of numerous bridges in Saudi Arabia as well as interchanges and bridges in Kuwait and an irrigation structure in the Kirkuk-Adhaim Irrigation Project in Iraq. To date, Consunji said his company has not yet made a bid for a new project in Cebu. (JOG)

Read more: http://www.sunstar.com.ph/cebu/business/2017/12/14/dm-consunji-returns-after-26-years-579875
Follow us: @sunstaronline on Twitter | SunStar Philippines on Facebook

No comments:

Post a Comment