Makati Development Corporation and Takenaka Corporation cemented a formal partnership to bring 400 years of extensive architecture, engineering and construction experience and expertise to the country.
MDTK Corporation endeavors to put forward world-class construction projects to the country. The partnership signals a significant milestone that will open opportunities for the two companies to take on complex design and construction projects and introduce new technologies and methodologies that will benefit the Philippine construction industry.
“This is a wonderful opportunity for our teams to integrate best practices into our developments. The MDC-Takenaka partnership will become an avenue to advance more innovative and sustainable solutions that will benefit the communities that we serve, especially at this time when the Philippines is primed for exponential economic growth,” Augusto Zobel de Ayala, chairman of Ayala Corporation and Ayala Land Inc., said.
Meanwhile, Shoichiro Shibuta, executive managing officer of Takenaka Overseas Construction Business, said that the Japanese construction company has long dreamed of expanding its operations in the Philippines. He said, “With shared values and trust, establishing a joint venture with MDC from the Ayala Group, known for their innovative urban development projects in Makati, BGC and nationwide, is a significant honor, and we are grateful for it.”
MDTK’s president, Robert Baffrey, added that the company will be driven by a vision of becoming the trusted partner of customers and stakeholders by delivering value-adding solutions through advanced design and build expertise. He said, “We aim to create sustainable developments and contribute to nation-building through innovation and technology, construction excellence and extraordinary teams.”
The two leading design and construction companies finalized the agreement at a ceremonial launch event on 21 March, attended by top executives from Ayala Corporation, Ayala Land, Inc., MDC and Takenaka.
MDC, a wholly owned subsidiary of Ayala Land Inc., is an Engineering, Procurement, Construction, and Construction Management company in the Philippines. An ISO-certified company and a Quadruple Platinum-licensed Contractor in the Philippines, MDC’s 50-year track record spans more than 800 completed projects in the commercial, residential, industrial, land development and infrastructure sectors.
Takenaka is one of the five major general contractors in Japan. The company provides architectural, engineering and construction services and has headquarters in Osaka, Japan. With 70 percent of its projects under Design and Build, Takenaka has completed over 5,400 projects across the globe. The company took part in the construction of Ninoy Aquino International Airport Terminal 3 and Bacolod-Silay Airport early in the 2000s. Currently, its group company, Takenaka Civil Engineering and Construction, is constructing the Metro Manila Subway and the Davao City Bypass projects in the Philippines.