Philippine Infradev Holdings Inc.

Company description

In the first half of 2018 IRC Properties Inc. has been renamed to Philippine Infradev Holdings Inc. IRC Properties Inc. is reorganizing its corporate structure as part of its diversification into the infrastructure sector as well as in the mass transport system industry. The IRC board also approved the change of name of the subsidiary Interport Development Corp. to Greater East Metro Development Corp.In August 1997, the Securities and Exchange Commission approved the consolidation of IRC shares.It were originally classified into A-shares (solely for Filipino investors) and B-shares (held by foreigner investors).

Company details

City:
Makati
Address:
35th Floor Rufino Pacific Tower, 6784 Ayala Avenue, Makati City 1223, PH

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • March 16, 2021

    Partner announced for US$3.66 billion Makati City Subway PPP project in Manila

    Philippine Infradev Holdings and  Richer Today (RTI) have partnered to finance and acquire lots for the Station 5 of the Makati City Subway PPP Project in Manilva, Philippines. The companies sig...

    Read more
  • September 15, 2020

    USD1.2bn EPC contract awarded for subway PPP in Philippines

    The project concessionaire for Makati City Subway PPP project in Manila, Infradev Holdings Inc, has signed an engineering, procurement, and construction (EPC) contract with China Construction Sec...

    Read more
  • February 20, 2020

    Philippine Infradev sells 35% stakes in Makati City Subway Inc. to Redco Properties Group

    Philippine Infradev Holdings Inc. (IRC), one of the developers of the Makati City Subway (MCSI) project, has entered into an agreement with the Hong Kong Binjiang Industrial Limited, a...

    Read more
  • December 20, 2019

    $3.5bn Metro project in the Philippines to begin construction

    The Makati City Subway Project in Manila has secured an environmental clearance from the Department of Environmental and Natural Resources (DENR) in the Philippines. The project developers are expecti...

    Read more
  • August 29, 2019

    Makati LGU, PH Infradev Holdings sign deal to develop Makati City Subway

    The City Government of Makati in the Philippines has signed a joint venture agreement with Philippine Infradev Holdings, Inc. (formerly IRC Properties, Inc.) for the development of the city&rsquo...

    Read more
  • July 25, 2019

    USD3.5bn intra-city subway project in Philippines approved

    Makati city council in Philippines has approved the PHP 178 billion (US$ 3.5 billion) Makati intra-city subway PPP project on July 19, 2019. The project includes construction, operation, and managemen...

    Read more
  • January 29, 2019

    China Railway Construction Corporation to invest in Makati City Subway PPP

    Philippine Infradev Holdings, Inc. (PIH) has announced that it has executed a binding Memorandum of Agreement (MoA) with China Civil Engineering Construction Corporation (CCECC), a 100% owned subsidia...

    Read more
  • July 02, 2018

    IRC consortium cleared for Makati subway PPP

    The Government of the Makati City has granted original proponent status to the unsolicited proposal of Philippine Infradev Holdings Inc (former IRC Properties Inc.) to establish and operate...

    Read more