The Philippines’ construction industry is entering a period of strong growth, supported by government spending led by President Rodrigo Duterte’s signature Build, Build, Build (BBB) infrastructure programme. BBB is leading to ancillary construction and development around airports and seaports, especially residential and retail projects, providing the momentum stakeholders need to confidently...
Philippines Construction Articles & Analysis
Chapter | Construction & Real Estate from The Report: Philippines 2019
The Philippines’ cooling inflation, improved ease of doing business and increased openness to foreign participation are set to encourage more foreign direct investment. A wealth of infrastructure investment under President Rodrigo Duterte’s flagship Build Build Build programme should ease congestion, reduce regional inequality and further boost the flourishing tourism industry.
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Interviews & Viewpoints | Jose Leviste Jr, Chairman, Atlantic, Gulf & Pacific Company: Interview from The Report: Philippines 2019
How much progress has been made on the modernisation of transport infrastructure under the Build, Build, Build (BBB) programme?
Interviews & Viewpoints | Robbie Antonio, Founder, Revolution Precrafted Properties: Interview from The Report: Philippines 2019
Articles & Analysis | China’s implementation of a new trade network is energising the global construction industry from The Report: Philippines 2019
From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry in silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...
Articles & Analysis | Preparations under way for the Philippines' inaugural real estate investment trust from The Report: Philippines 2019
While real estate investment trusts (REITs), or publicly listed stock corporations that own income-generating real estate assets, have been notionally possible since the REIT Act of 2009, no asset of this type has been established. However, this is set to change as local real estate firm Ayala Land announced in April 2019 that it will raise...
Articles & Analysis | Construction under the Philippines' Build, Build, Build infrastructure programme forges ahead from The Report: Philippines 2019
The Philippines’ construction industry is entering a period of strong growth, supported by government spending led by President Rodrigo Duterte’s signature Build, Build, Build (BBB) infrastructure programme. Primarily a transport initiative, BBB is also leading to ancillary construction and development around airports and seaports, especially...
Articles & Analysis | Shortage of skilled labour in construction sector hinders the Philippines' infrastructure development initiatives from The Report: Philippines 2019
In April 2019 the Department of Labour and Employment (DOLE) reported that the construction sector’s share of total employment rose to 9.5% in October 2018, up from 8.5% a year earlier. This figure accounted for 328,000 additional jobs with the total employed in the sector reaching 3.9m. The Construction Industry Authority of the Philippines...