Philippine National Construction Corporation
Encyclopedia
The Philippine National Construction Corporation or PNCC is a majority government-owned and/or controlled corporation
(GOCC) in the Philippines
. It is the largest construction company in the Philippines and in Southeast Asia
.
It is usually tasked with major construction works, especially in the field of infrastructure
. 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
.
as the Construction and Development Corporation of the Philippines (CDCP). It was granted a fifty-year franchise to commission and perform construction works throughout the Philippines.
In 1977, Presidential Decree No. 1113 was issued, granting the CDCP a thirty-year franchise to operate and maintain the various limited-access
toll highways 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. http://www.ops.gov.ph/records/eo_no331.htm
, the Metro Manila Skyway
, North
and South Luzon Expressway
s, the Manila Light Rail Transit System
, the Manila-Cavite Expressway
and Bay City
.
Government-owned corporation
A government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, or parastatal is a legal entity created by a government to undertake commercial activities on behalf of an owner government...
(GOCC) in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
. It is the largest construction company in the Philippines and in Southeast Asia
Southeast Asia
Southeast Asia, South-East Asia, South East Asia or Southeastern Asia is a subregion of Asia, consisting of the countries that are geographically south of China, east of India, west of New Guinea and north of Australia. The region lies on the intersection of geological plates, with heavy seismic...
.
It is usually tasked with major construction works, especially in the field of infrastructure
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
. 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
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
, Iraq
Iraq
Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, Malaysia and Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
.
History
The PNCC was established in 1966 by virtue of an Executive Order during the administration of the late President Ferdinand MarcosFerdinand Marcos
Ferdinand Emmanuel Edralin Marcos, Sr. was a Filipino leader and an authoritarian President of the Philippines from 1965 to 1986. He was a lawyer, member of the Philippine House of Representatives and a member of the Philippine Senate...
as the Construction and Development Corporation of the Philippines (CDCP). It was granted a fifty-year franchise to commission and perform construction works throughout the Philippines.
In 1977, Presidential Decree No. 1113 was issued, granting the CDCP a thirty-year franchise to operate and maintain the various limited-access
Limited-access road
A limited-access road known by various terms worldwide, including limited-access highway, dual-carriageway and expressway, is a highway or arterial road for high-speed traffic which has many or most characteristics of a controlled-access highway , including limited or no access to adjacent...
toll highways 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
Department of Trade and Industry (Philippines)
The Philippines’ Department of Trade and Industry , abbreviated as DTI is the executive department of the Philippine Government tasked to expand Philippine trade, industries and investments as the means to generate jobs and raise incomes for Filipinos...
by virtue of the Executive Order 331, issued last July 16, 2004. http://www.ops.gov.ph/records/eo_no331.htm
Projects
The PNCC has been involved in various projects over the years. Some of its most famous projects were the San Juanico BridgeSan Juanico Bridge
The San Juanico Bridge, part of the Pan-Philippine Highway, stretches from Samar to Leyte across the San Juanico Strait in the Philippines. Its longest length is a steel girder viaduct built on reinforced concrete piers, and its main span is of an arch-shaped truss design. With a total length of ,...
, the Metro Manila Skyway
Metro Manila Skyway
The Metro Manila Skyway is an elevated highway crossing over much of the existing South Luzon Expressway as of the moment. It is located within the Metro Manila portion of the SLEX and crosses through Makati City, Pasay City, Parañaque City, and Muntinlupa City. The Skyway begins in Barangay San...
, North
North Luzon Expressway
The North Luzon Expressway , and which is formerly called the North Diversion Road, and officially known as Radial Road 8 is a 4 to 8-lane limited-access toll expressway that connects Metro Manila to the provinces of the Central Luzon region in the Philippines...
and South Luzon Expressway
South Luzon Expressway
The South Luzon Expressway ', which is formerly called the South Superhighway ', and officially known as Radial Road 3 or R-3, is a network of three expressways that connects Metro Manila to the provinces of the CALABARZON region in the Philippines...
s, the Manila Light Rail Transit System
Manila Light Rail Transit System
The Manila Light Rail Transit System, popularly known as the LRT, is a metropolitan rail system serving the Metro Manila area in the Philippines. Although referred to as a light rail system because it originally used light rail vehicles, it has many characteristics of a rapid transit system, such...
, the Manila-Cavite Expressway
Manila-Cavite Expressway
The Manila-Cavite Expressway or Aguinaldo Boulevard is a tollway/expressway in the Philippines. It is considered part of the Radial Road 1 of Metro Manila...
and Bay City
Bay City (Metro Manila)
Bay City is the name for the reclamation area located east of Roxas Boulevard on Manila Bay in Metro Manila, the Philippines. The area is split between Pasay City on the north side and Parañaque City on the south side....
.
Ownership
- Government of the PhilippinesPolitics of the PhilippinesThe Politics of the Philippines takes place in an organized framework of a presidential, representative, and democratic republic whereby the president is both the head of state and the head of government within a pluriform multi-party system...
: 49% - Government Service Insurance SystemGovernment Service Insurance System (Philippines)The Government Service Insurance System is a government-owned and -controlled corporation in the Republic of the Philippines. Created by Commonwealth Act No...
: 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
- Traffic Control Products Corporation
- South Metro Manila Skyway Project
- Manila North Tollways Corporation
- South Luzon Tollways Corporation