EEI Corp. said it will be in high gear by next year and is expecting to hire 10,000 new workers for its projects.
Reynaldo Dizon, EEI vice president for human resources management, said the company expects to sign up projects from the private and public sector both here and abroad.
EEI will need carpenters, masons, rebarmen, scaffolders, welders, pipe fitters, steel workers, engineers, architects, safety, quality control personnel, electricians, and civil works supervisors, among others.
“The economy is picking up and the construction industry is flexing its muscles as COVID-19 (new coronavirus disease 2019) restrictions are relaxed. EEI Corp. will take advantage of this development and will go full blast next year,” Dizon said.
At present, EEI has 13,382 employees across different construction projects in the Philippines, 6,909 overseas, and 3,201 in its subsidiaries.
Dizon said in terms of remuneration, EEI provides subsistence allowances to cover incidental expenses while on field deployment. These are on top of standard housing/accommodations while in the project sites.
“We are also among the few construction companies investing in the protection of project workers through group life and accident insurance,” he said.
EEI is currently in the middle of a P6-billion preferred share sale, currently under regulatory scrutiny.
The company plans to offer an initial P4 billion as base offer, with an oversubscription option of up to P2 billion to be issued in one or more subseries.
Serving as underwriters are RCBC Capital Corp. and SB Capital Investment Corp. with RCBC Capital as sole issue manager.