INFRASTRUCTURE

SECTOR BACKGROUND AND POTENTIAL

The Philippines is significantly underinvesting in physical infrastructure, with its public sector infrastructure budget consistently below 3% of GDP. Spending on social infrastructure for education and health is also inadequate at slightly over 4% of GDP. Polls of businessmen repeatedly show poor infrastructure as one of the top challenges facing the Philippine economy, second only to corruption. Like corruption, poor infrastructure severely weakens economic competitiveness.

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Airports

With its archipelagic character, the Philippines depends on air and sea transport much more than countries with large continuous landmasses. Since a high percentage of domestic and international commerce and travel is by air and sea, the efficiency of aviation and maritime transportation.... [ Read This Chapter ]

Power

Electric power and water are essential needs for modern man, to survive, and to thrive. In the globe’s fastest-growing region – Asia – they are especially critical to economic growth and competitiveness. [ Read This Chapter ]

Megawide-GMR consortium offers lowest bid for new...

15 December, 2017 at 11:00

The consortium of local firm Megawide Construction Corp. and GMR Infrastructure Ltd. of India is the frontrunner to bag the contract for the design…

[EDITORIAL] Needed: Cleaner airport policy

15 December, 2017 at 09:18

Something exciting is happening in the aviation sector that may finally result in the much-needed rehabilitation and modernization of the old Ninoy Aquino International Airport (Naia).

NAIA super consortium to submit proposal next...

12 December, 2017 at 12:00

The super consortium of seven conglomerates seeking to develop the Ninoy Aquino International Airport (NAIA) is now preparing its ambitious proposal and expects to formally submit it next year.

[OPINION] Gov’t open to Naia rehab offer

11 December, 2017 at 15:00

The government is open to accepting the proposal of seven of the country’s largest conglomerates to redevelop and rehabilitate the Ninoy Aquino International Airport, the country’s chief economist said.

Tycoons confirm Naia rehab bid

8 December, 2017 at 10:43

Seven of the country’s biggest conglomerates confirmed they were looking at rehabilitating and redeveloping the Ninoy Aquino International Airport…

Foreign chambers urge Congress to speed up...

7 December, 2017 at 15:10

Further feeling the impact of the worsening traffic gridlock this holiday season, the Joint Foreign Chambers (JFC) in the Philippines urged Congress yesterday to speed up the passage of the proposed Traffic and Congestion Crisis Act.

JFC Statement on the Traffic and Congestion...

6 December, 2017 at 14:34

The Joint Foreign Chambers (JFC) in the Philippines urge the Congress to complete plenary consideration of the Traffic and Congestion Crisis legislation.

Metro Manila traffic to reach ‘standstill levels’...

6 December, 2017 at 14:27

The Duterte administration’s infrastructure program may not be enough to deal with the country’s transportation woes as road congestion in Metro Manila may reach “standstill levels” by 2022, according to a study by an American consulting group.

Senate to tackle bill pushing for more...

6 December, 2017 at 10:53

The Senate committee on science and technology will hold next week its first hearing on a bill that aims to push for more players in the telecommunications sector, Senator Bam Aquino, chair of the committee, announced on Tuesday.

Business leaders want open field for telco

29 November, 2017 at 15:58

Business leaders have lauded President Duterte’s push to break the “duopoly” in the country’s telecommunications industry, but pointed out this should not be limited to Chinese companies.

[OPINION] Regulatory capture

28 November, 2017 at 17:30

Regulatory capture, according to Wikipedia, is “a form of government failure that occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns…

Gov’t not interested in being 3rd telco...

28 November, 2017 at 13:30

The Department of Information and Communications Technology (DICT) vowed that the government would not establish a competing telecommunications player, saying it could support competition in the sector in other ways.

[EDITORIAL] Telco shakeup

28 November, 2017 at 11:15

Finally, the political will to address a major national economic problem — slow internet and poor telecommunications service. President Duterte has offered China a slot to become the third major telco player in the country…

Targets set for reduced foreign curbs

24 November, 2017 at 10:55

Malacañang has zeroed in on eight sectors and activities in its bid to further ease limits to foreign participation and ownership, according to Memorandum Order No. 16 signed by Executive Secretary Salvador C. Medialdea on Nov. 21 and released to journalists on Thursday.

Duterte offers China 3rd telco carrier slot

22 November, 2017 at 10:49

“The telecom duopoly is about to end,” Malacañang declared on Monday.

Port of Manila leaps to 32nd spot...

21 November, 2017 at 12:00

The Port of Manila leaps 4 notches higher finishing at 32nd spot in the list of the 2016 top 100 container ports worldwide.

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