Infra projects lack skilled workers

By Richmond Mercurio (The Philippine Star) 

MANILA, Philippines — Businessmen are worried that the country’s “golden age of infrastructure” may lose its luster given the shortage in skilled labor in the construction sector.

For both local and foreign businessmen, the realization of the government’s ambitious “Build Build Build” program may take a hit, if such skilled labor supply tightness continues.

“If the economy grows, we do not have enough qualified people. Even the infrastructure, if you talk about it, there’s a shortage in construction workers, welders, and others,” Philippine Chamber of Commerce and Industry president George Barcelon said.

“We do already see the severe shortage in skilled labor. You find enough unskilled labor, but you find severe shortage in skilled labor. If we want to see just half the projects through that are in the pipeline, we cannot cover that with local talents alone because we need more people that understands the industry and will make it better,” European Chamber of Commerce of the Philippines (ECCP) president Guenter Taus said separately.

Real estate consultancy services firm Colliers International Philippines said the lack of skilled workers in the country is already causing construction delays in the private sector.

The Duterte administration is ushering in what is touted as the golden age of infrastructure through an aggressive infrastructure spending program.

Dubbed Build Build Build, the government will spend a total of P8.4 trillion or approximately $160 billion for infrastructure in the next six years.

For 2017 alone, the government allocated 5.4 percent of gross domestic product for infrastructure spending.

“If we want to grow at the rate that is forecasted, we need to look at sources of foreign employment in various sectors,” Taus said.

The ECCP has long been lamenting restrictions on international contractors in the country.

At present, foreign contractors in the construction industry operating in the Philippines can only hold 40 percent equity in businesses.

This, according to businessmen, makes foreign investors reluctant to bring in technology and capital into the country.

“Opening up of the construction industry serves many purposes. One, it provides you with the labor you may not have enough of. Second, it provides you with transfer of technology in some fields. And third, it also provides you with competition, it basically keeps costs down,” Canadian Chamber of Commerce of the Philippines president Julian Payne said.

Source: http://www.philstar.com/business/2017/09/18/1740032/infra-projects-lack-skilled-workers

The JFC to Hold Sixth Arangkada Philippines Forum to Implement the Ten-Point Agenda

On September 14, 2017, the Joint Foreign Chambers (JFC) of the Philippines will hosts its Sixth Anniversary Forum with the theme “Implementing the Ten-Point Agenda” at the Marriott Grand Ballroom.
Continuing the previous forum themes of Move Twice as Fast (2012), Realize the Potential (2013), More Reforms=More Jobs! (2014), Invest NOW for Inclusive Growth! (2015), and A Bolder and More Inclusive Decade (2016), the JFC has selected the theme Implementing the Ten-Point Agenda to discuss key programs, policies, and projects that support achievement of the ten points in the years ahead.
As stated by Department of Finance Sec. Carlos Dominguez at the Dutertenomics Forum II held on April 25, 2017, “(T)he economic program of the Duterte administration…. needs wider public discussion and a broader base of support. The 10-point economic program of the Duterte administration takes into account the large trends defining our economic opportunities. These economic opportunities bear real fruit only if they are undertaken with audacious policy making.”
The forum takes place at a time when the prospects for the Philippine business and investment climate remain very positive. Despite some security issues, which have weakened the country’s image abroad. GDP growth, one of the highest in Asia, remains above 6.5% per annum and has been positive for almost two decades. The unemployment and underemployment rates—the highest in ASEAN—are slowly declining, as is the poverty high proportion of population living with $2 or less a day. Gross capital formation is steadily rising, inflation is low, and foreign reserves are high. FDI has grown over 500% in 2014, 2015, and 2016 to over $6 billion a year, with potential to rise soon above $10 billion. The country enjoys a favorable potential demographic dividend. Nevertheless, its economic engine is not running on all cylinders, a challenge which will be examined at the forum.

Over 40 distinguished experts will share their views, to be discussed within the two frameworks of the Ten-Point Socioeconomic Agenda and the JFC Seven Big Winner Sectors (Agribusiness, Business Process Management, Creative Industries, Infrastructure, Manufacturing and Logistics, Mining, and Tourism). Prominent figures in media namely, Atty. Anthony Abad (Bloomberg), Mr. Jose Roberto Alampay (BusinessWorld), Mr. Coco Alcuaz (formerly ANC), Mr. Quintin Pastrana (formerly Bloomberg), and Ms. Maria Ressa (Rappler) will moderate the five panels.

The five featured panels focus on implementing points of the Ten-Point Socioeconomic Agenda of the Duterte Administration. The panels are:

  1. Muscling the Economy: Filling the Infrastructure Gap,
  2. Philippine Industrial Revolution: Manufacturing, Logistics, and Mining,
  3. Game Changers: Agribusiness, Creative Industries, and Tourism,
  4. Disruptive Technologies: Artificial Intelligence, Big Data, Drones, Robots, Etc., and
  5. Philippine Workforce 2030: Human Capital Challenges and Solutions.
Socioeconomic Planning Secretary Ernesto M. Pernia will speak on the Philippine Development Plan and AmbisyonNatin 2040. Budget and Management Secretary Benjamin E. Diokno who will speak on the “Build, Build, Build” infrastructure project of the Duterte Administration. PCCI President George T. Barcelon and House Economics Committee Vice Chair Rep. Joey Sarte Salceda are among other prominent speakers.

Other speakers and panelists include:

  • NCC Private Sector Co-Chair Guillermo M. Luz,
  • Former MWSS Chairman Ramon Alikpala,
  • Former DOTr Undersecretary for Airports Atty. Roberto C.O. Lim,
  • Royal Cargo CEO Michael K. Raeuber,
  • DICT Usec. Engr. Denis F. Villorente,
  • DTI Asec. Rafaelita Aldaba,
  • PCCI Transportation, Infrastructure and Logistics Chair Dr. Enrico L. Basilio,
  • SEIPI President Dr. Danilo C. Lachica,
  • COMP OIC-President Atty. Ronald Recidoro,
  • DOT Usec. Rolando Cañizal,
  • Creative Industries Expert Henry J. Schumacher,
  • Cargill Philippines President Philip Soliven,
  • McKinsey & Company Managing Partner Suraj Moraje,
  • IDC Philippines Head of Operations Jubert Daniel Alberto,
  • USAID STRIDE Project Chief of Party Dr. David Hall,
  • AIM Associate Professor Dr. Erika File T. Legara,
  • NEDA Usec. Rosmarie G. Edillon,
  • Philippine Business for Education Executive Director Love Basillote,
  • World Bank Manila Program Leader for Human Development Gabriel Demombynes,
  • DOLE Usec. Ciriaco A. Lagunzad III,
  • DepEd Asec. Atty. Nepomuceno A. Malaluan, and
  • IBPAP President and CEO Rey Untal.

The JFC has invited President Rodrigo R. Duterte to deliver the keynote address.

The JFC will award the fifth Arangkada Lifetime Achievement Awardee to a distinguished retired civil servant. Previous recipients are former President Fidel V. Ramos (2013), former PEZA Director General Lilia B. De Lima (2014), SGV founder and former chairman Washington Z. Sycip (2015), and former Foreign Affairs Secretary Roberto R. Romulo (2016).
Expected attendees include industry and academic experts, investors, and diplomats. In particular the forum welcomes government officials and media as partners in Arangkada’s advocacies of the strong and inclusive growth of the Philippine economy that maximizes domestic and foreign investment, job creation, and an option for more Filipinos to work at home instead of abroad.
The JFC will release a new Arangkada document with pro-business and investment policies related to the Ten-Point Socioeconomic Agenda of the Duterte Administration, drawn from Arangkada 2010: A Business Perspective, previous Arangkada assessments, policy briefs and policy notes, the Philippine Development Plan, Dutertenomics, and two Sulong Pilipinas consultations organized by the Philippine Chamber of Commerce and Industry for business and government leaders.

The Sixth Anniversary Arangkada Philippines Forum is sponsored by the following corporate, organization, and media partners:

To register, please log on to http://arangkada.teamasiaevents.com/. For assistance, please contact our Registration Manager, Marlon Saquing at +63 2 847 3500 local 310, or email mbsaquing@teamasia.com.

Join us as the Philippines continues to Arangkada!

We would like to invite everyone to The Sixth Anniversary Arangkada Philippines Forum: Implementing the 10-Point Agenda. We have invited President Rodrigo Duterte to be the keynote speaker and National Economic Development Authority (NEDA) Secretary Ernesto Pernia and Department of Budget and Management Secretary Ben Diokno to be among the key speakers to discuss the Ten-point Agenda, the Philippine Development Plan, and Ambisyon Natin 2040.

We have prepared a distinguished panel of industry experts from both the government and private sectors to discuss the 10-point Socioeconomic Agenda of the Duterte Administration as well as key programs and policies that support achievement of the ten points in the years ahead.

The Arangkada Philippines Forum 2017 will be held at the Marriott Grand Ballroom on September 14, 2017. REGISTER NOW!

The Sixth Anniversary Arangkada Philippines Forum: Implementing the 10-Point Agenda

The Arangkada Philippines Project (TAPP) and Marriott Hotel Manila MoA signing for the Sixth Anniversary Arangkada Philippines Forum. In-photo L-R: Marriott Hotel Manila General Manager and American Chamber of Commerce of the Philippines President Bruce Winton, The Arangkada Philippines Project Chief-of-Party and American Chamber of Commerce of the Philippines Senior Adviser John Forbes, and TeamAsia Managing Director Bea Lim.

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. This year’s forum with the theme “Implementing the 10-Point Agenda” will focus on the 10-point Socioeconomic Agenda of the Duterte Administration. The forum will discuss key programs and policies that support achievement of the ten points in the years ahead.

The topics that will be discussed in the forum utilizes the framework of Arangkada’s Seven Big Winner Sectors (Agribusiness, BPM, Creative Industries, Infrastructure, Manufacturing and Logistics, Mining, and Tourism). The forum is divided into five panels with the following topics: Muscling the Economy: Filling the Infrastructure Gap; Philippine Industrial Revolution: Manufacturing, Logistics, and Mining; Game Changers: Agribusiness, Creative Industries, Disruptive Technologies: Artificial Intelligence, Big Data, Drones, Robots, Etc. and Tourism; Philippine Workplace 2030: Human Capital Challenges and Solutions

We have invited distinguished industry leaders and experts from both the public and private sectors to join the event. President Rodrigo Duterte has been invited to be the keynote speaker and National Economic Development Authority (NEDA) Secretary Ernesto Pernia and Department of Budget and Management Secretary Ben Diokno will be among the key speakers to discuss the Ten-point Agenda, the Philippine Development Plan, and Ambisyon Natin 2040.

For more information visit the event website at www.investphilippines.info/forum2017, email forum@arangkadaphilippines.com, or call 751-1495.

The Sixth Anniversary Arangkada Philippines Forum is sponsored by 3M, Auto Nation Group, Inc. (Jeep), BDO, Bank of the Philippine Islands, Capital One, Coca-Cola FEMSA, DoubleDragon Properties, Emerson Electronics, First Philippine Holdings, Globe Telecom, Leechiu Property Consultants, Manila Water Company, Metro Pacific Investments Corporation, Mondelez, Moog Controls Corporation, Pacific Cross, Pilipinas Shell Petroleum Corporation, Regus Philippines, Royal Cargo, Santos Knight Frank, SGV & Co., Social Security System, Sumitomo Corporation of the Philippines, Sumitomo Mitsui Banking Corp., Tourism Promotions Board, Toyota Motor Philippines Corporation, and Travellers International (Resorts World Manila).

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Arangkada forum to tackle 10-point Duterte agenda

By Kristine Joy V. Patag | Posted on May 29, 2017

BUSINESS GROUPS will focus on the 10-point socioeconomic agenda of President Rodrigo R. Duterte in the next Arangkada forum.

In a statement released yesterday, the Joint Foreign Chambers of Commerce of the Philippines (JFC) revealed the theme of the Sixth Anniversary Arangkada Philippines Forum as “Implementing the 10-Point Agenda.”

“The 2017 forum will emphasize the 10-point Socioeconomic Agenda of the Duterte Administration. With a combination of public and private sector speeches and panelists, the forum will discuss the key programs and policies that support achievement of the ten points in the years ahead,” the JFC said.

The agenda includes tax reform and more effective tax collection; increasing competitiveness and ease of doing business; accelerating annual infrastructure spending “with public-private partnerships playing a key role”; promoting rural and value chain development to increase agricultural and rural enterprise productivity and rural tourism; ensuring security of land tenure to encourage investment and address bottlenecks in land management and titling agencies; investing in human capital development and match skills and training to the demand from the private sector; promoting science, technology and the creative arts; improving social protection programs like the conditional cash transfer scheme; and strengthening implementation of Republic Act No. 10354, or the Responsible Parenthood and Reproductive Health Act of 2012.

Senior adviser of the American Chamber of Commerce of the Philippines, John D. Forbes, said that: “Experts at the forum will discuss synergies between the Duterte agenda and the Seven Big Winner Sectors.”

The JFC identified the “winner sectors” as Agribusiness, business process management (BPM), creative industries, infrastructure, manufacturing and logistics, mining, and tourism.

“Expect discussion (that will tackle) infrastructure and policies to decongest large cities and improve the economies of rural areas,” Mr. Forbes added.

Arangkada Philippines, launched by the JFC in 2010, pools leaders from both the private and public spheres to assess the current Philippine investment climate. The Sixth Anniversary Arangkada Philippines Forum 2017 will be held on Sept. 14, 2017 at the Marriot Grand Ballroom, Manila.

Source: http://www.bworldonline.com/content.php?section=Economy&title=http://www.bworldonline.com/content.php?section=Economy&title=arangkada-forum-to-tackle-10-point-duterte-agenda&id=145873&id=145873#disqus_thread