Construction

The Philippine steel industry is targeting P1 trillion in finished steel production and 86 percent self-sufficiency by 2040 under a new industry roadmap designed to strengthen domestic manufacturing and reduce the country’s reliance on imports.

The Department of Public Works and Highways is proposing a P1.5-billion drainage rehabilitation project for the entire stretch of Taft Avenue as the government intensifies efforts to address recurring flooding in Metro Manila’s key transport corridors.

Holcim Philippines has expanded its nationwide road safety campaign ahead of the opening of classes, reinforcing efforts to reduce traffic accidents by educating drivers, pedestrians, cyclists, and communities about one of the most overlooked hazards on the road: vehicle blind spots.

Holcim is selling its Philippine operations to China-based Huaxin Building Materials in a transaction valued at USD807 million, marking a major shift in the ownership landscape of one of the country’s biggest cement producers.

AG&P Industrial is betting that the next wave of global infrastructure spending will require bigger factories, faster execution and smarter manufacturing, prompting the company to build a new 85-hectare fabrication yard in Batangas that will significantly expand its production capacity.