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 ]

Gov’t urged to prioritize construction of annex...

14 September, 2017 at 22:01

The government should prioritize the development of the remaining spaces at the Ninoy Aquino International Airport into an annex terminal while it is still weighing the two proposals to build new airports either in Sangley Point or Bulacan.

[OPINION] Subway

12 September, 2017 at 12:30

At last, a subway for us… the commuter line, not the sandwich. NEDA has finally approved the first phase of the subway project for Metro Manila. Compared with the Roxas-Abaya era at the transport department

DICT eyes PPP mode for broadband plan

12 September, 2017 at 11:02

The Department of Information and Communications Technology (DICT) is looking at using the public-private partnership (PPP) mode for the implementation of a component of the National Broadband Plan (NBP).

Latest Ookla report: Speed of broadband in...

11 September, 2017 at 10:36

The country’s broadband speed is “significantly improving,” according to Ookla’s latest Speedtest Global Index report.

NEDA OKs P355.6-billion metro subway project

7 September, 2017 at 14:30

A project that will build the country’s first subway system is now one step behind construction after a government body approved it for implementation by 2018, the National Economic and Development Authority said on Wednesday.

Pros and cons of ODAs, GAAs, and...

7 September, 2017 at 11:23

The clock is ticking on the Duterte administration.

PAL proposes new NAIA 2 annex building

4 September, 2017 at 10:18

Flag carrier Philippine Airlines (PAL) is proposing to build a new annex building at the Ninoy Aquino International Airport (NAIA) Terminal 2, which will include a new passenger terminal, in a bid to address the terminal’s overcapacity issues.

Early completion of metro subway to cost...

30 August, 2017 at 12:00

The government is considering the possibility of completing the Japan-funded Mega Manila Subway Project earlier but at a higher cost, Socioeconomic Planning Secretary Ernesto Pernia said.

[OPINION] P55 to $1

25 August, 2017 at 17:00

Budget Secretary Ben Diokno must have been tired and piqued by all the incessant questions being raised on the peso’s exchange rate during a recent forum.

Macquarie, GIC investments in EDC a vote...

25 August, 2017 at 16:00

Finance Secretary Carlos G. Dominguez III said the move by Macquarie Infrastructure Management (Asia) Pty. Ltd. and Arran Investments to pump P65 billion into the country’s energy sector is a vote of trust and confidence in the Duterte administration.

Arangkada forum to explore PHL industrialization

24 August, 2017 at 10:47

Foreign businesses are looking forward to helping the Philippines reach the next level of development by helping it diversify away from economic pillars like business process outsourcing (BPO) by boosting agriculture, among other sectors.

Gov’t seeks investors in Quezon-Bicol expressway

23 August, 2017 at 14:34

The Department of Public Works and Highways (DPWH) is moving forward with a massive road project connecting two key provinces south of Metro Manila via a 180-kilometer expressway.

REPUBLIC ACT NO. 10929 | REPUBLIC ACT...

22 August, 2017 at 09:24

Begun and held in Metro Manila, on Monday, the twenty-fifth day of July, two thousand sixteen.

[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…