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Philippines: $85 billion infrastructure spending in 104 projects

Philippines: $85 billion infrastructure spending in 104 projects

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COVID-era flagship projects funded by a mix of government, private money

BEST PERFORMER: Pre-COVID, the Philippine economy ranked among the best performers in Asia. Socioeconomic Planning Secretary and National Economic Development Authority (Neda) chief Ernesto M. Pernia said they are well underway to covering most of the items in the new list of flagship projects — airports, bridges, highways and other ports, water ports and seaports. Duterte’s managers have expanded the “Build, Build, Build” pipeline, which now includes more than 100 big-ticket infrastructure projects. Read More..

Source : gulfnews
Anand Gupta Editor - EQ Int'l Media Network