Here are the five largest construction projects initiated in Philippines during Q4 2021, according to GlobalData’s construction projects database.
1. Nabas-Caticlan Transmission Line – $167m
The project involves the construction of a 138kV transmission line from Nabas to the Caticlan substation in the Philippines.
Construction work started in Q4 2021 and is expected to be completed in Q3 2024.
The main aim of the project is to accommodate additional load in Boracay, especially with the continued development in the tourist island.
2. San Marcelino Solar Farm 283 MW – $106m
The project involves the construction of a 283MW solar power plant on 300ha of land in San Marcelino, Zambales, Central Luzon, the Philippines.
Construction work commenced in Q4 2021 and is expected to finish in Q2 2023.
The project aims to address the growing demand for power in the region. The project will be the largest solar farm in the country, capable of producing over 421GW of renewable energy per year
3. Metro Manila Data Center – $100m
The project involves the construction of a 10MW data center in the Metro-Manila area in Laguna province, Philippines.
Construction work started in Q4 2021 and is forecast to complete in Q4 2026.
The project will provide colocation and interconnection services to both local and international clients in the area as Digital Edge expands its Southeast Asia platform. It also aims to be the most advanced facility in the market, in terms of energy and water efficiency.
4. Balai By Be Residences – $50m
The project involves the construction of a 19-story residential tower with 452 units on 0.2ha of land in Mactan Island, Lapu-Lapu City, the Philippines.
Construction work commenced in Q4 2021 and is expected to be completed in Q4 2023.
The aim of the project is to provide better residential facilities in the region.
5. Laselva Capitol Hills – $50m
The project involves the construction of two residential towers with 320 units in Quezon, Metro Manila, the Philippines.
Construction work started in Q4 2021 and is expected to be completed in Q2 2025.
The aim of the project is to provide better residential facilities in the region. The project is the second phase of the Primehomes Capital Hills project.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.