History

In the 1950’s, the Ayala y Compañia (now Ayala Corporation) embarked on its 25-Year Master Plan to rehabilitate post-war Manila and began the development of a multizone sub-city that would later rise as Makati, the Philippines’ premier commercial and business district.


Before becoming an independent entity, MDC started out as part of the Real Estate Division, a mere construction division of AC. It was responsible for the transformation of Makati from an old airport runway into the country’s first commercial, residential and business hub.

 

In 1974, the RED Group spun-off two independent entities – the Ayala Realty Development Corp. (ARDC) and the Makati Development Corporation (MDC). ARDC handled the project management of Ayala Corp's (AC) construction developments while MDC executed AC’s construction ventures.

As AC’s arm in the general contracting business, MDC engaged in government road projects including the Manila-East Road connecting Taytay, Rizal to Famy, Laguna, and the Santo Tomas-Batangas Road that leads to Lipa City. One of MDC’s first major road projects was the construction of the Naga-Toledo Highway in Cebu province, the center of economic development in central Philippines.

As AC expanded its reach south of Manila, MDC was tapped to work on the engineering and construction of the Ayala Alabang Village, one the country’s foremost residential communities. Ayala Alabang was reminiscent of Ayala’s successful development in Makati and became the model for similar township developments by AC.

 

Expanding its business on a global scale in the 1980's, MDC embarked on various construction projects overseas: Two general hospitals in Iraq -- one in Najaf and another in Kadhimiya. At the same time, MDC took on local projects such as the Alabang Twin Cinemas, Makati Tuscany, as well as construction works inside the U.S. Bases in Subic, Olongapo and Clark, Pampanga.

 

As MDC grew, AC decided to spin-off the RED Group into Ayala Land, Inc. (ALI) – a wholly-owned AC subsidiary that undertakes and oversees the residential, commercial and leisure developments of AC.

ARDC was then merged with MDC, with the latter eventually becoming the construction arm of ALI.

 

As AC entered what it considered as its Golden Age, the decades of the 80's through the 90's saw immense growth and development for the conglomerate. This meant more construction projects for MDC which necessitated the expansion of its scope of services - from engineering, land development and infrastructure construction, to procurement, commercial and industrial estate construction.

At the onset of the new millennium, ALI endeavoured to develop large-scale, master-planned, fully-integrated and sustainable projects. Throughout the engineering and construction of various commercial, lifestyle and residential developments around the country, MDC became Ayala Land's competitive advantage.

Riding the waves of an ever-changing, fast-paced construction industry, MDC made advances in the fields of safety, quality, value engineering, technical services, procurement, building systems, lean construction, landscape and golf course management, modernization and sustainable development which led to its creation of world class projects.

 

MDC not only grew in terms of number of projects, but also in terms of expertise and credibility. In 2003, MDC became the first construction company in the Philippines to simultaneously receive world class integrated ISO Certifications for the Integrated Management System, and for its consistent compliance to its requirements, MDC was re-certified to three integrated ISO standards: ISO 9001: 2008, OSHAS 18001: 2007 and ISO 14001: 2004.

At the onset of the new millennium, ALI endeavoured to develop large-scale, master-planned, fully-integrated and sustainable projects. Throughout the engineering and construction of various commercial, lifestyle and residential developments around the country, MDC became Ayala Land's competitive advantage.

Riding the waves of an ever-changing, fast-paced construction industry, MDC made advances in the fields of safety, quality, value engineering, technical services, procurement, building systems, lean construction, landscape and golf course management, modernization and sustainable development which led to its creation of world class projects.

 

2011 saw the transformation of MDC into a full-scale Engineering, Procurement, Construction and Construction Management (EPC/CM) company. As it took on all of Ayala Land's projects, MDC revitalized its organization and culture to achieve the company’s goal - to be a World Class, Builder of Choice!

MDC enhanced its corporate logo to symbolize strength, modernity, dynamism and growth. To instill a culture of excellence, MDC operated under a new Mission– a solid commitment to construction excellence through the five project execution principles of Safety First, Quality, Timeliness, Cost Efficiency and Sustainable Construction.

The new MDC Vision shifted the organization’s focus into achieving one common goal – to be a World Class Builder of Choice providing top-notch Engineering, Procurement, Construction and Construction Management services for its partners.

With the upsurge of construction projects, MDC invested heavily on new technologies and innovations in order to strengthen its competencies.

MDC's investments in Value Engineering, Building Information Technology, Building Systems (Precast Walls, Tran-slab and Formworks systems), Ready-Mixed Concrete Production, Landscaping and Equipment Re-fleeting allowed MDC to continuously provide quality services for its customers.

 

MDC BuildPlus, Inc. was established to handle the company’s housing, mid-rise and fit-out operations.

 

To keep the company agile and be able to serve its customers better, MDC established two new subsidiaries: MDC Equipment Solutions, Inc. (MEQ) and MDC ConQrete, Inc. (MCI) which handles the company’s equipment fleet management and concrete products productions operations, respectively.

 

2011 saw the transformation of MDC into a full-scale Engineering, Procurement, Construction and Construction Management (EPC/CM) company. As it took on all of Ayala Land's projects, MDC revitalized its organization and culture to achieve the company’s goal - to be a World Class, Builder of Choice!

 

MDC adopts LIVEM, the new corporate values of Ayala Land. LIVEM stands for Leadership, Integrity, Vision, Excellence and Malasakit.

 

MDC partnered via joint venture with Hong Kong-based Bouygues Batiment International (BBI) to construct two world class construction projects in Makati City – the Ayala Triangle Gardens Redevelopment and One Ayala Avenue projects.

A subsidiary of Bouygues Construction, BBI specializes in complex construction projects around the world.