DM Wenceslao & Associates: 50 years of building a better life for Filipinos
MANILA, Philippines - D.M. Wenceslao & Associates Inc. (DMWAI), the Filipino-owned integrated property developer, has reached its 50th year of building not just structures and infrastructure but more importantly a better way of life for every Filipino.
The homegrown construction and real estate giant marks this milestone year in the business and is gearing up for another 50 years of helping build a nation – quite literally and figuratively.
DMWAI was founded in 1965 and has since survived the test of time, political upheavals, economic crises and seemingly insurmountable challenges, to become one of the most reliable property and construction companies in the Philippines today.
It has constructed countless of structures and infrastructure on thousands and thousands of square meters – all of which still stand as firm and as strong as the day they were built.
And it all began with one man’s vision.
“My father was a military engineer who had participated in the defense of Bataan. After leaving the military, he decided to put up his own construction company,” said Delfin J. Wenceslao, Jr. chairman and president of DMWAI as he shares the legacy of his father, the late Delfin M. Wenceslao.
Wenceslao said determination, passion and perseverance are among the values bequeathed by his father.
“One major challenge of construction is financial and technical issues and if you don’t have the proper experience, you will surely encounter difficulties. The construction industry is tough and demanding,” he said.
But DMWAI has proven itself to be strong and stable thus, it remained successful through the years, with a portfolio of big-ticket infrastructure endeavors, counting the reclamation of the 225-hectare Central Business Park Island B & C, which includes Aseana City and Entertainment City, as one of its major project milestones.
Today, D.M. Wenceslao is known as the developer and owner of Aseana City. Aseana City, one of the company’s current major projects, is considered another feather in their cap.
Located right in between Entertainment City in Paranaque and Mall of Asia in Pasay, Aseana City, with a size of 107 hectares, is one of the most prime contiguous undeveloped landbanks in Metro Manila and is dubbed as the next major business, tourism and entertainment district in the capital.
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