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 ]
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SM group plans to build more convention...

23 May, 2013 at 15:40

MANILA, Philippines – Sy-led SM Group is planning to build more convention centers in the coming years in “key strategic areas”

Global fund increases stake in Manila Water

23 May, 2013 at 15:31

The Singapore-based unit of global fund manager Aberdeen Asset Management plc has increased its stake in Ayala-led Manila Water Co. Inc. to a

SMC unit allots $1.5 B for 2...

23 May, 2013 at 15:26

MANILA, Philippines – SMC Global Power Holdings Corp., the power generation unit of diversified conglomerate San Miguel Corp., is investing

Wind projects in Ilocos Norte, Rizal get...

20 May, 2013 at 19:26

Local power developers Energy Development Corp. and Alternergy Wind One Corp. secured from the Department of Energy last Friday the “declaration

Seven groups interested in airport PPP

23 April, 2013 at 17:35

SEVEN GROUPS yesterday formally expressed their interest in an airport public-private partnership (PPP) project, the first to be offered by the

San Miguel wins NAIA Expressway project

17 April, 2013 at 17:31

MANILA, Philippines (UPDATED) – The country’s largest conglomerate, San Miguel Corp., won the bid for the P15.86 billion-worth NAIA

Investment grade

15 April, 2013 at 11:59

SKETCHES By Ana Marie Pamintuan The administration is still basking in the glow of the country’s first-ever investment grade rating from Fitch.

Palace willing to consider AmCham plan

14 April, 2013 at 14:26

Malacañang on Thursday indicated willingness to consider the proposal of the American Chamber of Commerce (AmCham) to lift, without amending the

AmCham: Let foreigners control utilities

12 April, 2013 at 14:47

The American Chamber of Commerce (AmCham) here is urging the government to look at the possibility of allowing full foreign ownership in public

Another PPP deal rolled out

11 April, 2013 at 17:06

FRESH FROM auctioning off the Ninoy Aquino International Airport (NAIA) Expressway project, the government yesterday offered another public-private

The Philippines: Cementing growth

30 March, 2013 at 17:45

A rising tide of investments in infrastructure development, combined with higher spending by the private sector, is set to drive the robust

Guidelines to keep agency ICAO-compliant eyed

27 March, 2013 at 13:19

THE CIVIL Aviation Authority of the Philippines (CAAP) is planning to craft a set of guidelines to keep the agency compliant with international

Japan pledges P23.63B ODA

27 March, 2013 at 12:13

A TOTAL of P23.63-billion in loans and grants was pledged by the Japanese government in support for various public-private partnership (PPP) and

Toll firms told to submit road expansion...

26 March, 2013 at 18:30

Traffic conditions at three major toll roads north and south of Metro Manila could turn from bad to worse if no major road expansion efforts were

e-government before e-commerce

26 March, 2013 at 12:05

FORMER SENATOR Ramon Magsaysay, Jr. is correct in asserting that the Philippines is “poised for growth in mobile commerce,” and it is

PH faces water crisis – ADB

13 March, 2013 at 16:23

MANILA, Philippines – The Asian Development Bank (ADB) warned the Philippines of a looming water crisis and urged the country to boost supply

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