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 ]

Bill seeks more transparency in energy regulation

23 June, 2017 at 15:00

Sen. Sherwin Gatchalian on Wednesday filed a bill seeking more transparency in the Energy Regulatory Commission (ERC) in order to ensure fair and reasonable power rates.

Clark to get new masterplan

23 June, 2017 at 13:00

Urban planner Palafox Associates (PA) has been tapped by state-owned firm Clark Development Corp. (CDC) to create the new master development and business plan for the Clark Freeport Zone.

Gov’t sets aside plans to build new...

19 June, 2017 at 14:16

The government has put on hold a plan to build a new international airport as it is prioritizing the decongestion of the Ninoy Aquino International Airport (NAIA).

NEDA clears 4 infra projects worth P542...

8 June, 2017 at 15:49

Four infrastructure projects with a combined value of P541.6 billion have been approved by the National Economic and Development Authority’s Investment Coordination Committee (ICC).

High-speed rail to Clark seen running by...

7 June, 2017 at 16:30

By 2022, Metro Manila will be connected to the international airport at the Clark Freeport Zone in Pampanga via a Japan-funded high-speed rail system to be built in line with the government’s plan to decongest the Ninoy Aquino International Airport.

[OPINION] Financing the Philippine golden age of...

1 June, 2017 at 17:00

In recent years, the Philippines has enjoyed strong and sustained economic growth founded on sound macroeconomic fundamentals.

[OPINION] Is anyone in charge?

1 June, 2017 at 15:25

A Facebook friend posted that it took him a miraculous 30 minutes from Quezon City to NAIA, three minutes to check in and one hour and forty five minutes to clear immigration.

PLDT, Globe complete purchase of SMC’S telecommunications...

31 May, 2017 at 14:54

Industry giants PLDT Inc. and Globe Telecom completed their acquisition of San Miguel Corp.’s telecommunications unit, making their final joint payment to SMC Tuesday while defying the Philippine antitrust body’s request to hold off until the courts make a final ruling.

5 regional airports removed from PPP

25 May, 2017 at 16:13

The Public-Private Partnership (PPP) program, already suffering from the perception its projects are being sidelined in favor of government loans overseas, received another blow yesterday after the Department of Transportation (DOTr) canceled…

Clark airport expansion gets Neda-ICC approval

23 May, 2017 at 18:00

The National Economic and Development Authority’s Investment Coordination Committee (Neda-ICC) last week approved the proposal of state-run Bases Conversion and Development Authority (BCDA) to expand the annual capacity…

MRT-3 maintenance exec skips Senate probe anew

23 May, 2017 at 16:51

An incorporator of three separate firms that won bids to maintain MRT-3 since 2012 remains elusive despite efforts of the Senate to make him appear before an inquiry into the ongoing inefficiency mess at the railways.

[OPINION] Dual airport strategy

23 May, 2017 at 15:00

When the Duterte administration took over, there was this low hanging fruit begging to be harvested. This is the NEDA-approved privatization of NAIA’s operations and maintenance.

[OPINION] Duterte and the oligarchs

23 May, 2017 at 12:04

I heard an interesting story in the coffee shop about an ambitious Chinoy from Davao who supposedly approached Bobby Ongpin and offered to buy PhilWeb for a ridiculous sum.

MAP airs support for NAIA upgrading

23 May, 2017 at 11:03

The Management Association of the Philippines (MAP) has expressed full support to the plan to upgrade Ninoy Aquino International Airport (NAIA) while the Clark International Airport is undergoing redevelopment.

[OPINION] White elephant watch: Infrastructure politics

18 May, 2017 at 17:30

The One Belt One Road Summit in Beijing has provided us with another occasion to look at the pay-off in the president’s friendly approach to our relations with China.

[OPINION] A dragon’s gifts

18 May, 2017 at 15:30

Let’s get things straight from the start. The railway and other projects China is offering us are not really gifts in the sense that we get these for free.

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