EEI Steps Up Push for Diversification

EEI Corp. is making a big diversification push into real estate development, a move that will form part of its long-term growth strategy to evolve from a pure-play construction company into a fully integrated property and infrastructure developer.

- — Richmond Mercurio

EEI said that it is expanding into real estate development by capitalizing on its 139 hectares of land bank in various strategic locations.

The company is preparing its initial pipeline of real estate projects for various properties located in Makati, Quezon City, Bataan, Cavite and Pampanga.

"This endeavor is part of the company's long-term strategy to strengthen and expand its role in nation building, not only in infrastructure but in providing housing solutions to a mass number of people who currently do not have access to proper, dignified and comfortable housing accommodations in the metro and neighboring provinces," EEI president and CEO Henry Antonio said.

To support the government's push to address housing backlog in the country, EEI plans to develop quality housing projects in various prime locations within Greater Manila Area.