MANILA, Philippines — D.M. Consunji Inc. (DMCI), the construction arm of DMCI Holdings Inc., is gearing up for a significant wave of government infrastructure projects as bidding timelines for key public works stretch into 2026.
Despite a recent slump in state infrastructure spending, DMCI President and CEO Jorge Consunji expressed optimism regarding upcoming “big-ticket” opportunities, particularly as the government moves toward the final bidding stages for several centerpiece initiatives.
The P40-Billion BSP Complex Bid One of the most anticipated projects on DMCI’s radar is the planned Bangko Sentral ng Pilipinas (BSP) complex in New Clark City.
- Scope: The project, valued at approximately P40 billion, aims to modernize and relocate the central bank’s currency printing operations from East Avenue, Quezon City, to a high-security facility in Clark.
- The Facility: The site will include restricted zones for currency production and unrestricted sections for administrative offices and a museum.
- Consortium Strategy: DMCI plans to join the bid through a consortium of three “big-name” firms. While specific partners are currently under non-disclosure agreements, Consunji noted that the bidding process—initially expected for late 2025—is now imminent following the completion of architectural consultancy.
Railway and Transport Initiatives Beyond the BSP complex, DMCI is actively coordinating with the Department of Transportation (DOTr) on major rail infrastructure:
- Valenzuela-Malolos Rail: The company is eyeing specific segments of this project, which forms a vital part of the broader North–South Commuter Railway (NSCR) network.
- Metro Manila Subway: DMCI remains bent on securing further sections of the subway project, having already won the P21-billion contract for the Quezon Avenue and East Avenue stations (CP 102).
Navigating a Challenging Environment The company’s readiness comes at a time of broader economic and industry shifts:
- Infrastructure Slump: National infrastructure spending plummeted 45.2% in late 2025 amid anti-graft investigations into flood control projects, creating a backlog of work that contractors expect to be unlocked in 2026.
- Diversified Growth: While waiting for major public bids, the group’s property arm, DMCI Homes, has set a P16-billion capital expenditure budget for 2026, focusing on residential and leisure developments in Baguio, Laguna, and Quezon City.
- Renewable Push: DMCI Power is also awaiting government approval for a P3-billion subsea cable connecting Semirara and Mindoro to support renewable energy deployment.
Consunji highlighted that increased dialogue between public agencies and contractors is a positive sign for the industry. As the government prepares for “delayed but imminent” biddings, DMCI is positioning its technical expertise and “Quadruple-A” rating to secure a lead role in the nation’s infrastructure renewal for 2026 and beyond.