6th Business Forum – Philippine Infrastructure

 

 

Earlier this year, the Duterte administration launched its legacy initiative, “A Golden Age of Infrastructure,” marked by a mantra to “Build Build Build.” The initiative is backed by a budget that could go up to P9 trillion, with the objective of creating jobs and unlocking growth across the archipelago.

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Based on the latest data from the National Economic and Development Authority (NEDA), 17 infrastructure projects worth P392.93 billion have been approved by the government for implementation. Twelve of these projects were inherited from previous administrations. Those approved by the present NEDA Board are just a handful, compared with what are currently being prepared for implementation in the next few years.

Looking past the fanfare of its launch, how do the stakeholders view the Duterte government’s infrastructure plan and its implementation?

How will this “Build, Build, Build” strategy impact the Philippines’ economic growth? How committed is the Duterte administration in seeing the projects through with minimal Public-Private Partnership participation? Will these big-ticket infrastructure projects solve the problems of traffic congestion, inadequate transport facilities, air pollution and the lack of healthy, green liveable community space in the urban centers across the country?

The Manila Times continues its public discourse with the nation as it tackles the “Build Build Build” strategy of the Duterte administration at its 6th Business Forum on August 18 at the Marriott Hotel.

 

 

SPEAKERS

 

 

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The Philippines can learn a lot from the way China has developed its infrastructure, a World Bank official said on Friday. “China’s approach … could be emulated in the Philippines during the implementation of the government’s ‘Build Build Build’ program,” World Bank country director Mara Warwick said during The Manila…

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A feasibility study is currently being conducted for the establishment of a food terminal inside New Clark City in Tarlac, the chief of the Bases Conversion and Development Authority (BCDA) said on Friday. The companies involved in the project – Metro Pacific Investments Corp. (MPIC) and France’s SEMMARIS – are…

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BIG-ticket infrastructure projects under the Bases Conversion and Development Authority (BCDA) aimed at spurring growth in the countryside will happen under the administration of President Rodrigo Duterte and budget will not be a problem. BCDA President and Chief Executive Officer Vivencio Dizon expressed confidence that the major infrastructure projects lined…

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WASHINGTON-based World Bank lauded the Philippine government’s “Build Build Build” program, saying it not only creates opportunity for the country to develop infrastructure assets but also creates a system for infrastructure delivery. “Infrastructure investment is a necessarily priority for promoting development. The ‘Build Build Build’ creates an opportunity for the…

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GOVERNMENT underspending was just P6 billion in the first half of 2017, Budget Secretary Benjamin Diokno said, a result of an expansionary fiscal policy aimed at accelerating Philippine ecoonomic growth. “For the first half of 2017, spending is almost on the top vis-a-vis the programmed spending. We only underspent by…