TAKING ADVANTAGE OF SYNERGY. At the signing event held last November 24 at CAV Wine Shop in Bonifacio Global City with (from left) AboitizLand FVP for Operations Rafael de Mesa, AboitizLand CEO Andoni Aboitiz, AboitizLand COO Patrick Reyes, ACGI COO Albert Ignacio, ACGI President Nap Pe, and ACGI Chairman Jim Aboitiz.
TAKING ADVANTAGE OF SYNERGY. At the signing event held last November 24 at CAV Wine Shop in Bonifacio Global City with (from left) AboitizLand FVP for Operations Rafael de Mesa, AboitizLand CEO Andoni Aboitiz, AboitizLand COO Patrick Reyes, ACGI COO Albert Ignacio, ACGI President Nap Pe, and ACGI Chairman Jim Aboitiz.

Land

AboitizLand and ACGI partner for bigger and bolder projects nationwide

In support of its vision of high-quality real estate developments, AboitizLand has tapped Aboitiz Construction Group Inc. (ACGI) for expansion efforts in Luzon and upcoming developments in other parts of the country.

“This is an opportunity for both companies to have a thriving business. For Aboitiz Construction Group, this is a new leg to stand on providing many opportunities to build houses, buildings, and even do site development. It is also a big opportunity for AboitizLand because we need a reliable partner in this business for us to thrive as well,” said AboitizLand COO Patrick Reyes who expressed the company’s excitement about the partnership during the contract signing ceremony held last November 24.

ACGI COO Albert Ignacio revealed that the construction group has plans to create a business platform to cater to AboitizLand and LiMa Land’s needs.

“We are actually changing our business platform. We are planning to create a division, which we will call Housing and Commercial Projects. We are also in the process of rationalizing our equipment study so that we can serve AboitizLand better with our equipment. Hopefully, the synergy will result to a mutually beneficial arrangement,” he said.

ACGI already holds an order backlog close to PHP600 million from both AboitizLand and LiMa Land, allowing mobility and better service for their affiliates.

The  ceremony was attended by members of the AboitizLand and ACGI management team, including AboitizLand CEO Andoni Aboitiz, ACGI Chairman Jim Aboitiz, ACGI President Nap Pe, and AboitizLand FVP for Operations Rafael Fernandez de Mesa.

 

For Aboitiz Construction Group, this is a new leg to stand on providing many opportunities to build houses, buildings, and even do site development. It is also a big opportunity for AboitizLand because we need a reliable partner in this business for us to thrive as well.

–Patrick Reyes, COO, AboitizLand