DMCI said in a presentation during a recent analysts’ briefing this year’s capital spending plan would be 52 percent higher than P30.6 billion it spent in 2021.
Water utility unit Maynilad Water Services Inc. will also spend P16.2 billion this year, up 90 percent from P8.5 billion in 2021. Construction arm D.M. Consunji Inc. is spending P500 million this year. As of end-2021, DMCI’s order book reached P49.3 billion, with P4.7 billion worth of projects added in 2021.
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