With a project value of $1,392 million, the EERI – Batangas Combined Cycle Power Plant 1,700 MW – Calabarzon project was the largest construction project in Philippines, on which construction started in Q1 2022. The EERI – Batangas Combined Cycle Power Plant 1,700 MW – Calabarzon project is located in Batangas, Philippines and initially announced in Q1 2020 with an estimated completion in Q4 2026. The TPCI – San Fernando Cement Plant Expansion – Central Visayas project was the second-largest project with a project value of $310 million, on which construction work started in Q1 2022. The TPCI – San Fernando Cement Plant Expansion – Central Visayas project is located in Cebu City, Philippines and initially announced in Q4 2020 with an estimated completion in Q2 2024.
The RLC/TGN Realty – Angeles City Mixed-Use Complex – Central Luzon project was the third-largest project, the MWPV/PGP – Pangasinan Bulk Water Supply – Ilocos was the fourth-largest project, and the Phinma Properties – Metrotowne Residential Complex – Metro Manila was the fifth-largest project with a project value of $174 million, $155 million and $150 million respectively. The RLC/TGN Realty – Angeles City Mixed-Use Complex – Central Luzon project located in Angeles City, Philippines was announced in Q4 2020 with an estimated completion in Q4 2028, the MWPV/PGP – Pangasinan Bulk Water Supply – Ilocos project located in Philippines was announced in Q3 2016 with an estimated completion in Q1 2047 and the Phinma Properties – Metrotowne Residential Complex – Metro Manila project located in Philippines was announced in Q2 2020 with an estimated completion in Q4 2026.
Among the five largest projects, the MWPV/PGP – Pangasinan Bulk Water Supply – Ilocos project is the longest in terms of completion date, with construction expected to be completed in Q1 2047. On the other hand, the SPNE – Penaranda Solar Power Facility 500 MW – Central Luzon project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.
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