To be able to adequately compete with other emerging countries in Asia, the country needs to address big-ticket requirements in infrastructure such as ports, airports, roads and highways, Finance Undersecretary Gil Beltran said on Thursday.

“Perhaps, the private sector can support the infrastructure projects of the government such as in the construction of new power plants, expressways and ports. To compete we should continue to address those problems,” Beltran said in his speech at the 6th Annual Corporate Treasury and CFO Summit-Philippines 2014.

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