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 ]

Invest commitments surge 338% to P191 billion...

1 July, 2011 at 19:27

Investment commitments went up by 338 percent to P191.182 billion in the first five months of the year from a year ago level of P43.613 billion as

Government revising joint-venture rules for transparency

19 June, 2011 at 14:28

THE GOVERNMENT is drafting revised rules for joint ventures to lessen leeway for unsolicited proposals in line with promises to clamp down on

DBM: Thicker, longer, quality national roads due...

6 June, 2011 at 18:22

A May 16, 2011 press release by the Department of Budget and Management Secretary Abad: Good governance could result in P6-7b more public works

Government on track with PPP program –...

30 May, 2011 at 18:06

The government is on track with its much-touted Public-Private Partnership (PPP) program for infrastructure, Finance Secretary Cesar Purisima said

A PPP success story

10 January, 2011 at 14:31

 Introspective — By Romeo L. Bernardo Public Private Partnership (PPP) has been launched recently as a key ingredient in the

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