Ron Amodia | Nov. 30. 2017
Aboitiz Construction (ACI) recently visited two large companies in China to explore business opportunities to partner for power projects, as well as other infrastructure projects in the Philippines under the Build, Build, Build Program of the government. The team toured the offices of Shandong Electric Power Construction Corporation III (SEPCO3) and Dongfang Electric Company (DEC), located in Chengdu and Qingdao, respectively.
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 offers the development of power plant projects through BOT (Build-Operate-Transfer) and BOO(T) Build-Operate-Own (-Transfer) methods. The technologies engineered by the company include thermal power plants, nuclear power plants, gas-fired simple and combined cycle plants, wind power, biomass power, solar power, and hydropower as well as substations. The company has gone on the path of international expansion and has carried out construction works in Egypt, India, Indonesia, Jordan, Nigeria, Oman, Saudi Arabia, and Singapore.
DEC, with headquarters in Chengdu, the capital city of Sichuan Province, 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. Due to its distinguished capacity and contribution, DEC represents the top of the class technological and manufacturing level for China’s heavy machinery and equipment industry and is appointed by the Central Government as one of the most important state-owned enterprise groups for the national economy.
Chairman Jaime Jose Aboitiz led the ACI team in With him were ACI President and Chief Operating Officer Alberto Ignacio, Jr. and First Vice President for Business Development, Marketing, Sales & Estimating Felma YapThe visit resulted in offers for partnership from both companies.
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