Expanded　polystyrene　(EPS)　concrete　is　a　lightweight　concrete　with　better　deformation　capacity,　but　lower　strength　than　conventional　concrete.　Its　application　for　structural　components　was　limited　due　to　inadequate　strength.　The　present　study　aims　to　develop　a　class　of　structural　grade　EPS　concrete　by　replacing　Portland　cement　with　magnesia　phosphate　cement　(MPC).　The　resulting　MPC-EPS　concrete　had　a　density　ranging　from　750　to　1,800　kg/m(3).　Extensive　laboratory　tests　were　performed　to　characterize　the　strength,　drying　shrinkage　and　water　absorption　properties　of　the　MPC-EPS　concrete.　The　test　results　showed　that　the　MPC-EPS　concrete　had　a　higher　early-age　strength　than　the　typical　EPS　concrete,　and　the　rate　of　strength　gain　increased　with　increasing　EPS　contents.　The　drying　shrinkage　potential　and　water　absorption　of　the　MPC-EPS　concrete　were　much　lower　than　those　of　the　typical　EPS　concrete,　indicating　that　the　MPC-EPS　concrete　could　be　a　building　material　with　high　thermal-resistance　and　good　durability.