Philippine National Construction Corporation
   HOME

TheInfoList



OR:

The Philippine National Construction Corporation (PNCC) is a
government-owned and controlled corporation In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service In ...
(GOCC) in the
Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
. It is the largest construction company in the Philippines and in
Southeast Asia Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical United Nations geoscheme for Asia#South-eastern Asia, south-eastern region of Asia, consistin ...
. It is usually tasked with major construction works, especially in the field of
infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and priv ...
. The PNCC has extensive operations in the Philippines, and has also been involved in projects and has or had operations in various other countries, notably in Saudi Arabia, Iraq, Hong Kong, Malaysia and Indonesia.


History

The PNCC was established in 1966 by virtue of an executive order during the administration of the Former President
Ferdinand Marcos Ferdinand Emmanuel Edralin Marcos Sr. ( , , ; September 11, 1917 – September 28, 1989) was a Filipino politician, lawyer, dictator, and kleptocrat who was the 10th president of the Philippines from 1965 to 1986. He ruled under martial ...
as the Construction and Development Corporation of the Philippines (CDCP), with the corporation being led by
Rodolfo Cuenca Rodolfo Cuenca, sometimes known by his nickname, Rudy Cuenca, is a Filipino businessman best known as the former chairman of the Construction and Development Corporation of the Philippines (CDCP), which is known today as the Philippine National Co ...
, a
crony Cronyism is the spoils system practice of Impartiality, partiality in awarding jobs and other advantages to friends or trusted colleagues, especially in politics and between politicians and supportive organizations. For example, cronyism occurs ...
. It was granted a 50-year franchise to commission and perform construction works throughout the Philippines. In 1977, Presidential Decree No. 1113 was issued, granting the CDCP a 30-year franchise to operate and maintain the various
limited-access A limited-access road, known by various terms worldwide, including limited-access highway, dual-carriageway, expressway, limited access freeway, and partial controlled access highway, is a highway or arterial road for high-speed traffic which ...
toll
highways A highway is any public or private road or other public way on land. It is used for major roads, but also includes other public roads and public tracks. In some areas of the United States, it is used as an equivalent term to controlled-access ...
in the Philippines. The CDCP changed its name to its present name in 1983 after the infusion of additional equity from the government since 1981. The PNCC is now under the full supervision of the Office of the Secretary of the Department of Trade and Industry by virtue of the Executive Order 331, issued last July 16, 2004.


Projects

The PNCC has been involved in various projects over the years. Some of its most famous projects were the
San Juanico Bridge The San Juanico Bridge ( fil, Tulay ng San Juanico; war, Tulay han San Juanico) is part of the Pan-Philippine Highway and stretches from Samar to Leyte across the San Juanico Strait in the Philippines. Its longest length is a steel girder via ...
, the
Metro Manila Skyway Skyway, officially known as the Metro Manila Skyway System (MMSS), is an elevated highway which is the main expressway in Metro Manila, Philippines. It connects the North (NLEX) and South Luzon Expressways (SLEX) with access to Ninoy Aquino ...
,
North North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating Direction (geometry), direction or geography. Etymology T ...
and
South Luzon Expressway The South Luzon Expressway (SLEX), signed as E2 of the Philippine expressway network and R-3 of the Metro Manila arterial road network, is a limited-access toll expressway that connects Metro Manila to the provinces in the Calabarzon region ...
s, the
Manila Light Rail Transit System The Manila Light Rail Transit System ( fil, Sistema ng Magaang Riles Panlulan ng Maynila), commonly known as the LRT, is an urban rail transit system that primarily serves Metro Manila, Philippines. Although categorized as a light rail system ...
, the
Manila–Cavite Expressway The Manila–Cavite Expressway (more popularly known as CAVITEX), signed as E3 of the Philippine expressway network and R-1 of Metro Manila's arterial road network, is a controlled-access toll expressway linking Manila to the southern prov ...
and Bay City.


Ownership

*
Government of the Philippines The Government of the Philippines ( fil, Pamahalaan ng Pilipinas) has three interdependent branches: the legislative, executive, and judicial branches. The Philippines is governed as a unitary state under a presidential representative and d ...
: 49% *
Government Service Insurance System The Government Service Insurance System ( fil, Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines. Created by Commonwealth Act No. 186 and Republic Act ...
: 29.35% *Universal Holdings Corporation: 15.32% *Others (includes public stock): 6.33%


Subsidiaries

PNCC is divided into the following subsidiaries:
Dasmariñas Industrial and Steelworks Corporation



South Metro Manila Skyway Project

Manila North Tollways Corporation

South Luzon Tollway Corporation


References


External links


Philippine National Construction Corporation WebsiteDepartment of Trade and Industry
{{authority control Construction and civil engineering companies of the Philippines Companies based in Parañaque Government-owned and controlled corporations of the Philippines Department of Trade and Industry (Philippines) Companies listed on the Philippine Stock Exchange Construction and civil engineering companies established in 1966 Philippine companies established in 1966