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 ]

[OPINION] Technology, the dragon slayer

18 August, 2017 at 10:00

Companies that don’t have a digital strategy are toast.

Ayala, MVPoffer to fix MRT3

16 August, 2017 at 11:32

Conglomerate Ayala Corp. and businessman Manuel V. Pangilinan’s Metro Pacific Investments Corp. plan to expand their partnership in the light railway business to push for a P12-billion unsolicited proposal to rehabilitate the Metro Railway Transit (MRT3) that traverses Edsa.

Private sector seeks clearer post-infra strategy

11 August, 2017 at 14:53

More than a year since the administration promised a golden era of infrastructure, the Philippine Chamber of Commerce and Industry (PCCI) wants to know what comes after these big-ticket items are put up…

[OPINION] DOTr flees Metro Manila

3 August, 2017 at 15:30

Even before he took over DOTr, Secretary Art Tugade had repeatedly talked about decongesting Metro Manila. He will set the ball rolling by moving DOTr to Clark.

[OPINION] 23 years (and not counting)

3 August, 2017 at 13:00

Finally, the government has decided where an international airport to supplement (not replace) the Ninoy Aquino International Airport should be. It’s at Clark.

‘China can’t hire its nationals for projects...

2 August, 2017 at 12:00

Even if China grants the Philippines enormous loans to ramp up infrastructure development, the law still prohibits the hiring of foreign construction workers, according to the head of President Rodrigo Duterte’s economic team.

MPIC mulls P20-B Cavitex-Port Area expressway

26 July, 2017 at 14:45

The tollway arm of Metro Pacific Investments Corp. (MPIC) is planning to propose a P20-billion expressway project to connect the Manila-Cavite Toll Expressway (Cavitex) to the Port Area.

Infrastructure, tax reforms in investors’ SONA wishlist

24 July, 2017 at 15:00

The local and foreign business community is hoping to hear more about President Duterte’s plans regarding his massive infrastructure program and tax reform package as he delivers his State-of-the-Nation Address on Monday.

Manufacturing innovation key to EM break out...

24 July, 2017 at 12:00

The concept of emerging markets is based broadly on the idea that the wealth of developing countries tends to converge over time with their developed peers. But, in fact, long-term growth and development has…

[OPINION] Mighty Kim

21 July, 2017 at 15:30

I got a call from former BIR commissioner Kim Henares last Monday. She said she didn’t want to react to an item in my column, but former DOF Sec. Cesar Purisima insisted that she clarify things with me.

MRT-7 up and running by end-2019 —...

21 July, 2017 at 14:27

The Metro Rail Transit Line 7 (MRT-7) will be completed by the fourth quarter of 2019, the Department of Transportation (DOTr) said yesterday.

Hong Kong architect wins tender for massive...

17 July, 2017 at 11:15

In what is being touted as one of the biggest investments in the “Belt and Road Initiative”, a Hong Kong architect and his firm have won a tender to plan and coordinate the design of an artificial island the size of 20 Victoria Parks off the coast of Manila in the Philippines, the Post has learned.

The Sixth Anniversary Arangkada Philippines Forum: Implementing...

12 July, 2017 at 10:44

The Sixth Anniversary Arangkada Philippines Forum of the Joint Foreign Chambers (JFC) of the Philippines will be held at the Marriott Grand Ballroom on September 14, 2017.

Duterte rolls out legacy projects

4 July, 2017 at 14:00

While the Duterte administration has courted near-constant division over its polices on politics, security and foreign policy, it has unified critics and allies alike on the country’s crucial need for infrastructure.

Business leaders stay upbeat on admin’s infra...

4 July, 2017 at 12:00

A year after President Rodrigo Duterte took office, some of the biggest local and foreign business chambers in the country still have high hopes for the administration, betting on the promise of a “golden age of infrastructure” on top…

Water crisis, river basins and governance

3 July, 2017 at 10:33

To address our water crisis (where an average of 73 people die every day due to water-related causes) it is imperative we implement an approach successfully used in many countries…

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