Aboitiz Construction sees upward momentum via ‘Big Shift’ strategy
ABOITIZ Construction, Inc. (ACI) said on Wednesday that it expects its “upward momentum” to continue until the end of the year, as it implements a strategy aimed at upskilling its work force as well as streamlining and digitizing its processes.
The company is “implementing its ‘Big Shift Strategy’ this 2021, which targets the improvement of financial performance, processes enhancement, and people development,” ACI said in an e-mailed statement.
“The construction firm, which started operations in Cebu 45 years ago, is optimistic that its upward momentum will continue for the rest of the year,” it added.
ACI’s “Big Shift Strategy” involves work force upskilling to take on bigger roles to sustain business growth amid the pandemic crisis.
The company is streamlining and digitizing its financial processes. Its strategy is expected to result in “cost efficiency and better resource management.”
It recently won a contract to construct a warehouse and office buildings with a floor area of about 26,000 square meters in Parañaque City.
ACI also bagged a deal for the design and construction of a 6,000 square-meter warehouse in Iloilo.
“Within [its] infrastructure portfolio, Aboitiz Construction disclosed the award of the design and build of an additional overhead transmission line project, one substation, and the construction of a water infrastructure project all inside the LIMA technology park in Batangas,” it said.
“The firm was awarded another design and build project for the largest independent fuel storage facility in the Philippines,” ACI added, referring to a project that involves structural and piping works for the corporation’s liquid fuel depot in Subic.
It has also received notice to proceed with the shutdown works for a coal power plant in Sarangani province in Mindanao. —