Aboitiz Construction, Inc. (ACI) and First Balfour recently signed a Memorandum of Understanding (MOU) to explore potential project collaborations in the Visayas.
The two construction firms will exclusively work together combining their expertise and resources to pursue prospects in the region and ultimately secure contracts for successful project execution.
“This partnership guarantees resilience and competitiveness as both can leverage on respective strengths,” said Aboitiz Construction Chairman Jaime Jose Aboitiz.
Combined, Aboitiz Construction and First Balfour bring almost a century of construction experience. Both have a strong presence in the country and share the same core values of integrity, teamwork and execution excellence. Aboitiz Construction started in 1975 with its head office in the Visayas while First Balfour, a Lopez company, started in 1969 with its head office in Luzon.
Present during the MOU signing were First Balfour President and Chief Operating Officer Anthony Fernandez, Aboitiz Construction Chairman Jaime Jose Aboitiz and President and Chief Operating Officer Albert Ignacio, Jr.
Also present were First Balfour Business Development Senior Manager Leeanne Corpus, First Balfour Business Development Head Levi Agoncillo, Aboitiz Construction First Vice President for Business Development, Marketing, Sales and Estimating Felma Yap and First Balfour Executive Vice President Rey Villar.