DMCI earmarks P70 billion for 2025 expenditures

MANILA, Philippines — Diversified engineering conglomerate DMCI Holdings is hiking its capital spending by nearly half this year to further strengthen the group’s ecosystem.

The company has earmarked P70 billion in capital expenditures for 2025, 45 percent more than the P48.3 billion spent in 2024.

The bulk of this year’s capex is being allocated to Maynilad at P41.2 billion, which will be used for sewerage service expansion and enhancing water sources.

Meanwhile, about P18 billion will go to DMCI Homes for its construction and land banking activities.

Semirara Mining and Power Corp. will get P6.4 billion for its refleeting, mine exploration and plant maintenance activities, while DMCI Power will invest P1.6 billion for its capacity expansion.

Cemex Holdings Philippines, which is changing its corporate name to Concreat Holdings Philippines Inc., is spending P1.9 billion this year on process optimization and equipment upgrades.

DMCI aims to strengthen its market reach and operational efficiencies this year to drive value and protect margins.

The group is cautiously optimistic about rebuilding the order book of its construction business and is poised to enhance competitiveness through strategic contracting.

DMCI is also focusing on boosting sales from existing inventory by expanding channels and payment terms for its real estate business.

With coal and power prices expected to stabilize further, the group will prioritize expanding its customer base and contracting half its net power capacity.

For the cement business, DMCI will target underserved markets for a turnaround.

“In 2025, we remain focused on strengthening our group ecosystem with the addition of the cement segment, enhancing operational efficiencies and deploying targeted sales approaches to adapt to evolving market dynamics,” DMCI Holdings chairman and president Isidro Consunji said.