PCC asks SC: Scrap nationality requirement for contractors

Philippine Competition Commission (PCC) has urged the Supreme Court to scrap the nationality requirement mandated by Philippine Contractors Accreditation Board (PCAB) for contractors in the construction industry to attract foreign investors into the sector.

“The nationality requirement [by PCAB] puts a substantial barrier to the entry of foreign contractors in the construction industry,” PCC said in a statement on Friday. “Ease of entry into an industry is a positive sign of competitiveness.”