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Construction / Infrastructure in Philippines

  • In the Philippines, infrastructure program could grant businesses 'manna from heaven'

    PHILIPPINES, 2017/09/16 Philippine President Rodrigo Duterte appears committed to improving the country's infrastructure as part of economic reform plans, and that could bring about huge opportunities for businesses, Jaime Augusto Zobel de Ayala, chairman and CEO of Ayala Corporation, told us. "They really feel very keenly about making a major contribution in that sector and they're allocating budgets accordingly to be able to push that," Zobel de Ayala said of the Duterte government.
  • In the Philippines, infrastructure program could grant businesses 'manna from heaven'

    PHILIPPINES, 2017/09/16 Philippine President Rodrigo Duterte appears committed to improving the country's infrastructure as part of economic reform plans, and that could bring about huge opportunities for businesses, Jaime Augusto Zobel de Ayala, chairman and CEO of Ayala Corporation, told us. "They really feel very keenly about making a major contribution in that sector and they're allocating budgets accordingly to be able to push that," Zobel de Ayala said of the Duterte government.
  • Ernesto M. Pernia Secretary of Socioeconomic Planning of the National Economic and Development Authority (NEDA).

    PHILIPPINES, 2017/05/28 In this interview with The Worldfolio, Mr. Ernesto M. Pernia (PhD), Secretary of Socioeconomic Planning at the Philippines’ National Economic and Development Authority, speaks about efforts to bring about development and better social inclusion and the ‘0-10 point’ socioeconomic schedule. On May 9th of 2016, president Rodrigo Duterte was elected with additional than 39% of the vote giving him a 15-point victory over the second best performing candidate. While a lot of western media were caught offside by the landslide victory, the people of the Philippines truly believe in the message of social inclusiveness, economic decentralization and social order; as shown by his 91% approval rating in a little while next the election. What is your take on the election results and what are the major drivers behind it?
  • Mactan Cebu International Airport project

    PHILIPPINES, 2013/01/17 Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC), a unit of Prime Pacific Group of Hong Kong, is talking with a potential foreign partner to boost its bid for the P17-billion Mactan Cebu International Airport project. MPIC chairman Manuel V. Pangilinan said in an interview with reporters that the conglomerate is scouting for a foreign partner with expertise in airport operations in line with the scheduled bidding for the arrangement to undertake the airport project.
  • Construction industry is headed for prosperous times

    PHILIPPINES, 2010/08/10 The Philippines’ construction industry is headed for prosperous times, according to both analysts and the government. The residential and infrastructure segments are set to expand due to high request, though questions remain as to where the funding for some of these projects will come from.