Published December 18, 2017, 10:00
PM By James
A. Loyola
Aboitiz Construction, Inc. (ACI),
the construction arm of the Aboitiz Group, is exploring possible partnerships
in in China as part of its efforts to looking for business opportunities
overseas.
In a statement, the firm said it
recently visited two large companies in China: Shandong Electric Power
Construction Corporation III (SEPCO3) and Dongfang Electric Company (DEC).
The visit aimed to strengthen the
firms’ interest to partner with ACI, specifically for power projects, as well
as other infrastructure projects in the Philippines under the Build, Build,
Build Program of the government.
SEPCO3 is a Chinese construction and
engineering company that designs, builds, operates and owns power plants.
The company offers the construction of power plants through the EPC
(Engineering, Procurement, Construction) method on a turnkey lump sum basis.
Moreover, SEPCO3 also develops power
plant projects through the BOT (Build-Operate-Transfer) and BOO(T)
Build-Operate-Own(-Transfer) methods.
DEC is one of the most influential
enterprise groups under the direct administration of the Chinese Central
Government.
For over half a century, DEC has
become a comprehensive group specialized in the manufacturing industry,
research and development of cutting-edge technology, contracting international
engineering projects, exporting complete plants and equipment, and conducting
international economic and technical cooperation.
The visit has resulted in offers for
partnership from both companies.
“At home or abroad, ACI will
continue to pursue opportunities that will allow us to advance business and communities
through our various projects, as well as put us on track to being the
contractor of choice by completing projects on time, on budget, safely, and
within specifications,” ACI Chairman Jaime Jose Aboitiz said.
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