EEI Corp. said Tuesday it recently signed a deal with ZL Machinery Philippines Inc. and Chinese construction machinery maker Zoomlion Heavy Industry Science & Technology Co. Ltd. to service the Philippine-listed construction company’s re-fleeting program.
EEI will buy brand new heavy and construction machineries for use in projects in the Philippines and abroad.
Henry Antonio, EEI president and chief executive officer, said the re-fleeting program is in anticipation of a surge in construction for infrastructure projects starting next year.
He said the company is committed to accomplish those projects “not just in terms of target schedules and completion, but also with excellent service and quality that come with working with EEI. We also have to be efficient with our capital expenditure budget. Acquiring equipment for several projects is one of the prudent investments we have to make to meet the demands of infrastructure work,” he added.
Financial details of the equipment purchase weren’t disclosed.
“In this industry, equipment reliability is a highly critical aspect of ensuring construction projects are executed on schedule. We believe that Zoomlion’s equipment and excellence in after-sales service and support will improve the capability of EEI’s project delivery and keep it on track,” Antonio said
Zoomlion, founded in 1992, is mainly engaged in the research and development, and manufacturing of construction machinery, agricultural machinery and other high-tech equipment and new construction materials. Zoomlion has steadily grown into a global enterprise, with key products covering 18 categories, 106 product series and 660 varieties. Zoomlion has been listed in Shenzhen and Hong Kong stock markets, becoming the first company in the industry to be listed in both markets.
EEI is recognized as one of the leading construction companies in the Philippines with multiple mega infrastructure projects in the pipeline, including railway projects in the country. The company has a broad range of construction and engineering services, with expertise in the construction of infrastructure, buildings, and industrial.
