Metaphil Outlook 2015

For Aboitiz Construction Group, Inc. (Metaphil), 2014 was once again proof of good project and risk management. Despite low sales at P2.2 billion, the net income target was surpassed. Project accomplishment was much lower due to delays in client-supplied drawings. Bulk of the sales was in local construction works. Manpower averaged 4,000.

An operational milestone was the delivery of fabrication modules built in the Balamban yard to Barrow Island, Western Australia. The modules were Metaphil’s first attempt at fabrication of modules weighing 600 to 800 tons.

Having stronger procurement capability as the end in mind, Metaphil hired a consultant to look into the company’s organizational capacity and structure, as well as process improvements. The engagement expects to benefit the company, as well as its clients.

Metaphil partnered with Aboitiz Foundation in building schools, all in Cebu, in the aftermath of Typhoon Yolanda in 2013. Metaphil also embarked on several construction projects that will be completed in 2015; thus starting 2015 with an adequate backlog.

2015 OUTLOOK

For 2015, Metaphil is eager to build and complete major works in a large power plant in Mindanao. Awarding of additional major works is highly anticipated. Works with clients we have worked with in the past continue to be awarded, which is another indicator of the clients’ trust in Metaphil’s consistent delivery on its promise of RISQ (Reliability, Integrity, Safety, and Quality). It is also in serious discussion with AboitizLand for a joint undertaking in the building of houses. At the same time, Metaphil continues to pursue projects with international clients, in order to build a global name.

As Metaphil grows, it will continue to focus on delivering RISQ, fueled by the kauban* spirit and armed with the bugsay**. The company continues to build its workforce through its partnership with TESDA (Technical Education and Skills Development Authority), schools and skills training centers, as well as various barangays through Metaphil’s Mobile Training Center. Metaphil will continue to grow its workforce of kauban, the heart and soul of the organization, as well as the partnership with reliable suppliers, subcontractors, and service providers. Metaphil continues to believe that the kauban spirit, driven by a passion for better ways, will turn 2015 into the next best year ever.