Organic expansion seen driving DMCI's continued growth

Diversified engineering conglomerate DMCI Holdings is looking at several prospects for organic expansion across its various business units to drive the group's continued growth over the short and medium-term.

- By RICHMOND MERCURIO

Speaking during the company's annual stockholders' meeting yesterday, DMCI chairman and president Isidro Consunji said the group's property arm DMCI Homes is expanding its leisure development portfolio with the launch of Moriyama Nature Park in Laguna later this year.

He said the premium Japanese onsen-inspired project destination is designed to tap into the rising demand for domestic tourism among Filipino families and travelers.

Beyond leisure, Consunji said that DMCI Homes is also set to broaden its product offerings by expanding beyond its core Metro Manila and mid-income markets to cater to a wider range of buyers.

"Upcoming launches will be more geographically diverse, to reach emerging cities outside the NCR, tapping into upscale markets and introducing more affordable options, while maintaining the signature DMCI Homes quality," he said.

Consunji said that DMCI's integrated construction arm, D.M. Consunji Inc., is actively pursuing large-scale industrial, building and government infrastructure project opportunities to sustain its order book.