EEI celebrates 91 years of activity

EEI celebrates its 91st anniversary this year. CONTRIBUTED PHOTO

CONSTRUCTION giant EEI Corporation has just celebrated its 91 years of activity, under the theme “Prospering in adversity”.

The former Engineering Equipment and Supply Co. or EESCO, was first incorporated as a machinery and plant supplier on April 17, 1931.

At the time, EESCO pioneered the idea of ​​a modern machine shop equipped to handle general machinery work, steel fabrication, welding and sheet metal working and metal hobbing. gears.

Nine decades later and several name changes in between, EEI has also ventured into shipbuilding, power plant development, labor recruitment, job training, real estate and overall community development. infrastructure for local and foreign markets.

It has also collaborated with foreign companies in the Middle East and Southeast Asia which have enabled it to provide construction services for power plants, petrochemical refineries and industrial facilities in Saudi Arabia, Kuwait, Algeria, New Caledonia, Singapore, Malaysia and Brunei.

Meanwhile, EEI embraced various digital technologies during the height of the Covid-19 pandemic to increase efficiency, starting with providing appropriate tools for office workers to those with co-morbidities for effective configuration of the telecommuting from home.

Key programs launched by EEI include the cloud-based Common Data Environment (CDE) and reality capture tools to enable virtual monitoring of construction sites.

The CDE has made project information and coordination related to specifications, resource requirements and various issues encountered during the construction execution phase accessible on a single platform, effectively replacing traditional paper documents.

With economic activity picking up, EEI is now poised to participate in additional construction projects after recently raising 6 billion pesos through a follow-up offering last December of preferred shares.

At present, EEI has 12,615 employees in its various construction projects in the Philippines, another 6,074 deployed overseas and 2,785 in its local subsidiaries. EEI continues to employ more people.