2011 NEWS » DMCI unit bags three...      
DMCI unit bags three major deals
Posted on February 22, 2011 10:47:34 PM

THE CONSTRUCTION arm of Consunji-led DMCI Holdings, Inc. has secured P9.336 billion worth of new contracts, the company said in a disclosure yesterday.

The new contracts involve the construction of a bank headquarters, an entertainment complex, and a residential tower.

“The corporation’s construction subsidiary, D.M. Consunji, Inc., has recently been awarded the following projects: the Entertainment City Project, Makati Diamond Residences, and One Network Bank Headquarters,” the company told the local bourse.

The biggest of the three construction deals is the Entertainment City Project owned by Sureste Properties, Inc. under a joint venture with Bloomberry Hotel and Resorts, Inc.

The P625-million Makati Diamond Residences of the San Miguel Group meanwhile will have a 28-storey residential condominium with a four-level basement. The residential tower will be built at Legaspi Village in Makati within 26 months.

The construction firm will also build the five-storey, P117-million One Network Bank Headquarters in Davao City.

Ongoing projects of D.M. Consunji include the Skyway elevated toll road, 168 Residences in Manila and the Raffles Condominiums & Hotel in Makati.


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