First Balfour has expanded its core construction services business to take advantage of opportunities in the Philippines’ robust construction industry.
By creating five revenue-generating divisions, First Balfour is set to improve its ability to deliver projects, diversify its customer base and establish a sustainable competitive advantage.
Headed by senior vice president Rey Villar, the Construction Business Division shall be the core business that handles projects from the company’s major clients. Ongoing projects under this division include site development works for First Balfour announces core business expansion coal-fired power projects of Therma South in Davao and RP Energy in Zambales and the Petron refinery expansion project in Bataan.
The Geothermal Projects Division focuses on construction and maintenance works in geothermal exploration and development projects. Led by vice president Alberto Ignacio Jr., under this division are ongoing projects in the Visayas such as the N2N relocation project civil works and the Leyte Geothermal Business Unit rehabilitation works.
The Plant Division under Rodel Cariaga now extends its services to other companies and affiliates through equipment rentals. This unit was created to provide its contractors with the best machinery, equipment and tools.
The Tunnel Construction Division was formed to serve a growing list of hydropower projects. Spearheaded by Ferdinand Ruelos, it was formed in June 2012 and aims to start operations this year.
The Concrete Division led by Roberto Aledia Jr. was formed to enhance First Balfour’s ability to deliver projects. It is tasked to provide a reliable supply of ready-mix concrete to some of the company’s key projects. (Story/Photo by: Dolly Pasia)
