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 ]
News Updates
2018 BOI investments hit record high of...
7 January, 2019 at 17:00
Investments approved by the Board of Investments (BOI) hit a new all-time high this year, exceeding the agency’s P680-billion target.
Bulacan airport deal to be awarded in...
7 January, 2019 at 11:05
The National Economic and Development Authority (Neda) Board chaired by President Duterte has green-lighted the concession agreement with San Miguel Corp.
Changi-led consortium wins contract to operate Clark...
4 January, 2019 at 10:53
The government on Thursday awarded the operations and management contract for the Clark International Airport in Pampanga to a consortium that includes the operator of Singapore’s Changi Airport
Department of Homeland Security Issues Travel Advisory...
2 January, 2019 at 15:00
The Department of Homeland Security (DHS) today announced the determination that aviation security at Ninoy Aquino International Airport (MNL), which serves as a last-point-of-departure airport for flights to…
Power to the people
26 December, 2018 at 16:00
The recent congressional bicameral conference committee approval of the Energy Virtual One-Stop Shop bill, or Evoss, has raised the expectations of power industry stakeholders.
Senate working on resolving data transmission bill...
26 December, 2018 at 11:00
Senator Paolo Benigno A. Aquino IV said the open access in data transmission bill still has a chance to be passed in the Senate before the 17th Congress ends if the committee on science and technology addresses the concerns of some senators on the proposed measure.
[OPINION] DOTr project a flop?
19 December, 2018 at 14:58
This time, DOTr made something happen fast. As soon as they inaugurated the Parañaque Integrated Terminal Exchange (PITX), DOTr made sure it flopped.
ADB to fund technical assistance for three...
6 December, 2018 at 08:00
The Asian Development Bank (ADB) is preparing $5 million worth of technical assistance grants for transport projects in Southeast Asia, with the Philippines getting funding for three projects.
WESM’s commercial run in Mindanao to start...
5 December, 2018 at 12:00
The commercial implementation of the Wholesale Electricity Spot Market (WESM) in Mindanao may finally happen next year.
Duterte breaks ground for PH’s longest bridge...
4 December, 2018 at 17:12
President Rodrigo Duterte led in the groundbreaking and capsule-laying for the construction of what is purported to be the longest bridge in the country – Panguil Bay Bridge (PBB) project…
[OPINION] Completion of projects start
4 December, 2018 at 11:50
Completion of projects start DEMAND AND SUPPLY – Boo Chanco (The Philippine Star) – December 3, 2018 –
[OPINION] Crucial battles over water
29 November, 2018 at 10:28
Governance experts predict the next world war will be fought not over oil, but over water. In the Philippines, there are already crucial battles over this issue.
[OPINION] Are we ready for the digital...
20 November, 2018 at 11:09
The two charts below accentuate what is self-explanatory. Ambe Tierro of Accenture and Fred Ayala of Ayala Education gave an enlightening and challenging presentation on Artificial Intelligence (AI).
PCC seeks review of common tower policy
15 November, 2018 at 13:37
The Philippine Competition Commission (PCC), opposed to a plan to limit the country’s tower companies to only two, urged agencies to reassess the proposal saying limiting the number of players in the market would have adverse effects on market competition.
Higher fuel, power costs seen hindering foreign...
12 November, 2018 at 15:47
Rising prices of power and fuel are becoming major roadblocks to increasing foreign investment in the country, an economist from the Asian Institute of Management (AIM) said.
BCDA postpones Clark airport O&M bidding
8 November, 2018 at 10:54
State-owned Bases Conversion and Development Authority (BCDA) has postponed the opening of bids for the Clark International Airport operations and maintenance (O&M) contract scheduled yesterday.
