CONSTRUCTION firm D.M. Wenceslao & Associates Inc. expects ongoing projects, particularly its mixed-use development Parqal, to drive earnings growth this year despite continuing headwinds.

'For our developments, Parqal, our mixed-use development, is set to benefit from tenants shifting their preference to experiential environments given its amenities, public landscapes, and top-tier retail and food & beverage (F&B) shops,' D.M. Wenceslao director and CEO Delfin Angelo Wenceslao said during the company's annual stockholders' meeting on Friday.