Construction magnate FF Cruz dies at 93

Posted at 05/21/2013 12:07 PM | Updated as of 05/21/2013 12:07 PM

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MANILA -- Felipe F. Cruz, construction magnate and founder of F.F. Cruz & Co. Inc., died on May 19 at the age of 93, according to news reports.

Cruz, who hailed from Bulacan, started the prominent engineering company as a small survey firm back in 1949.

The company started to gain its popularity in the 1950s and the 1960s after bagging various government and private contracts that allowed it to build airports, piers, dams, skyways and bridges.

The firm also courted foreign contracts and bagged a deal with the US government in the late 1950s.

F.F. Cruz & Co. is currently rated AAA by the Philippine Contractors Accreditation Board.

Cruz became president of the Philippine Constructors Association Inc. from 1968 to 1970 and from 1976 to 1978 and was the the 2007 Outstanding Filipino Awardee for General Construction.

The construction pioneer also received several other awards such as the Most Outstanding Engineering Consultant (given by the Philippine Accredited Consultants Inc.); the Yeoh Tiong Lay Award of Excellence and the Golden Service Award (by the International Federation of Asian and Western Pacific Contractors' Associations); the Outstanding Professional of the Year Award in the field of Civil Engineering (by the Professional Regulation Commission); and the Professional Chair in Geodetic Engineering (by the University of the Philippines College of Engineering).

Cruz received his BS Geodetic Engineering degree from the University of the Philippines Diliman and his BS Civil Engineering degree from the National University.

He is survived by his wife, Angelita Almeda Cruz, and children, fashion magnate Josie Cruz Natori, Philip Cruz, Aida Chinloy, Eric Cruz, Angelita Cruz and Maria Lourdes Martinez.