David M. Consunji
Filipino civil engineer, entrepreneur and public official (1921–2017). Founder of a major construction and holding group (DMCI), served as secretary of Public Works under Ferdinand Marcos.
David M. Consunji (October 18, 1921 – September 4, 2017) was a prominent Filipino engineer, businessman and former government minister. Trained as a civil engineer, he built a career in construction and infrastructure before establishing a diversified holding group that became publicly listed as DMCI Holdings. Consunji combined private-sector entrepreneurship with a period of public service, and for decades was counted among the wealthiest individuals in the Philippines.
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1 ImageCareer and business activities
Consunji began his professional life in engineering and construction and in the mid-20th century founded his own construction enterprise, which over time expanded into related fields. Under the DMCI umbrella the group developed businesses in engineering and construction, real estate development, mining, power generation and utilities. DMCI Holdings grew to be a major conglomerate on the Philippine stock exchange, undertaking large infrastructure and private-sector projects across the country.
Public service
In government, Consunji served as Secretary of the Department of Public Works, Transportation and Communications from 1970 to 1975 during the administration of President Ferdinand Marcos. In that role he oversaw public infrastructure planning and execution at a time of significant state-led investment in roads, bridges, transportation and communication facilities.
Recognition and wealth
Over the years Consunji received public recognition for his role in Philippine industry and infrastructure. Business publications tracked his personal wealth; for example, in 2014 Forbes listed him among the country’s wealthiest individuals with an estimated net worth reported at US$3.9 billion. He retained a leadership position in his companies well into old age and was widely regarded as a senior figure in Philippine business circles.
Legacy and later life
Consunji’s business enterprises influenced construction standards, resource development and urban projects in the Philippines. His companies provided many large-scale civil and commercial projects and helped expand local capabilities in engineering and project management. David Consunji died on September 4, 2017; the family announced his passing but did not publicly disclose a cause of death.
Key facts
- Born: October 18, 1921.
- Public office: Secretary, Department of Public Works, Transportation and Communications, 1970–1975.
- Main business: Founder and long-time leader of the group known as DMCI Holdings (construction, real estate, mining, power, utilities).
- Noted wealth: Listed by business media among the Philippines’ richest; Forbes reported an estimated net worth in 2014.
Consunji is remembered both for his contributions to Philippine infrastructure and for building a family-controlled business that became a major corporate group. His career illustrates the close links between engineering expertise, large-scale construction enterprise and national development in the postwar Philippines.
Questions and answers
Q: Who was David Consunji?
A: David Consunji was a Filipino businessman and politician who served as the chairman of DMCI Holdings, Incorporated and was a former secretary of the Department of Public Works, Transportation, and Communications during the Marcos administration.
Q: How was Consunji recognized by Forbes?
A: In 2014, Forbes listed David Consunji as the 6th richest Filipino, with a net worth of US$3.9 billion.
Q: What was Consunji's cause of death?
A: The cause of David Consunji's death was not given.
Q: What is DMCI Holdings Incorporated?
A: DMCI Holdings, Incorporated is a publicly listed holding firm chaired by David Consunji.
Q: In what political position did David Consunji serve during the Marcos administration?
A: David Consunji served as the secretary of the Department of Public Works, Transportation, and Communications during the Marcos administration.
Q: When did David Consunji pass away?
A: David Consunji passed away on September 4, 2017.
Q: What is David Consunji's legacy?
A: David Consunji leaves behind a legacy as a successful businessman and politician who contributed to the development of the Philippines.
Author
AlegsaOnline.com David M. Consunji Leandro Alegsa
URL: https://en.alegsaonline.com/art/137291