Infrastracture

by Richmond Mercurio – The Philippine Star, 25 Sep 2021 MANILA, Philippines — Despite restrictions due to the COVID-19 pandemic, the Department of Public Works and Highways (DPWH) said its infrastructure projects have generated nearly 1.5 million jobs.

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by Ben O. de Vera, Philippine Daily Inquirer, 18 Dec 2020 Next year’s expected economic rebound would be supported by massive infrastructure investments geared toward making the country new normal-ready through more flood control and water facilities as well as additional digital and health projects, the country’s chief economist said on Thursday.

(The Philippine Star), 31 Oct 2020 On Oct. 30, Manila Mayor Isko Moreno visited the Binondo-Intramuros (BI) Bridge Project to inspect its progress in the company of the Chinese Ambassador Huang Xilian.

by Jose Rodel Clapano (The Philippine Star), 22 Oct 2020 MANILA, Philippines — The completion of the Estrella-Pantaleon Bridge, also known as the Rockwell Bridge, is right on schedule, according to the Department of Public Works and Highways.

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by Ian Nicolas Cigaral (Philstar.com), 16 Sep 2020 MANILA, Philippines — Government infrastructure spending returned to the negative territory in July, as strict health protocols imposed to arrest the coronavirus spread weighed down on much-awaited resumption of construction activities.

by Krixia Subingsubing, 21 Jul 2020 MANILA, Philippines — Eighteen big-ticket “Build, Build, Build” infrastructure projects, including the Metro Manila Subway, the upgrade of Ninoy Aquino International Airport (Naia) and the Mindanao Railway, have been flagged as “questionable” and “high-risk” by economists, who warned that the pandemic could “severely impair their long-term viability.”

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by ABS-CBN News, 15 Apr 2020 The MRT-7 Quezon Memorial Circle Station under construction. Mark Demayo, ABS-CBN News/File MANILA – Construction will resume for the government’s flagship railway projects despite lockdowns in the country to prevent the spread of the coronavirus disease 2019 (COVID-19), Transportation Secretary Arthur Tugade said on Wednesday.

by Boo Chanco (The Philippine Star), 14 Feb 2020 I have been writing on the slow implementation of Build Build Build projects. Some may think I am too pessimistic amidst the glowing reports of Cabinet secretaries responsible for rolling out the projects.

By: Ben O. de Vera, Philippine Daily Inquirer, 4 Feb 2020 Japan is beating China in providing financial assistance to the Duterte administration’s ambitious “Build, Build, Build” infrastructure program as Beijing itself had been slow in approving financing deals, the country’s chief economist said.

By: Peter Wallace, Philippine Daily Inquirer, 26 Nov 2019 No, it hasn’t been. I don’t think Sen. Franklin Drilon meant it literally either. The numbers alone say the “Build, Build, Build” (BBB) program has been quite a success. During the past 50 years, infrastructure spending has averaged only about 2.8 percent of the country’s gross…

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By: Ben O. de Vera, Philippine Daily Inquirer, 30 Oct 2019 Complete the economic picture with infrastructure spending and you would see a decline in poverty rate, according to the Department of Finance (DOF).

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GOTCHA – Jarius Bondoc (The Philippine Star) – 11 Oct 2019 All’s set to dig the Metro Manila subway’s first three stations. Tunnel boring machines from Japan are being assembled. Government and international funding are allocated. Publicity fanfare is primed up.

By: Ben O. de Vera, Inquirer Business, Aug 15, 2019 A leading economist urged the government to tap the private sector for partnership programs again as the Duterte administration’s ambitious “Build, Build, Build” infrastructure campaign appeared to sputter with key agencies enforcing it continuing to underspend.

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by Neil Jayson Servallos (The Philippine Star) – Jul 25, 2019 MANILA, Philippines — The Duterte administration’s ambitious infrastructure program may see some big-ticket projects incomplete before the President’s term ends in 2022, the Department of Public Works and Highways (DPWH) said yesterday.

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By: Ben O. de Vera , Philippine Daily Inquirer, Jul 08, 2019 The Duterte administration’s plan to spend P10.98 trillion on public investments during its six years in office will ultimately lift 440,000 people out of poverty by 2022, the country’s chief economist said.

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By JOSEPH TRISTAN ROXAS, GMA News, Sep 9, 2018 The Duterte administration used only P299.75 million out of the P74.55 billion Official Development Assistance (ODA) loans it received in 2017 from foreign lenders, the Commission on Audit said.

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by Czeriza Valencia (The Philippine Star), May 17, 2018 (Last of two parts) Concessional rates JICA is known for providing loans on a concessional basis, meaning interest rates that are below commercial market rates. The rates and tenor of JICA loans are based on the income classification and the economic conditions of the borrowing countries.

By Melissa Luz T. Lopez, BusinessWorld, May 2, 2018 ASIAN ECONOMIES enjoy robust growth but need fresh approaches in order to provide better lives for all, the Asian Development Bank (ADB) said ahead of its annual meeting this week, with Manila’s infrastructure push and digitization boom capturing the region’s progress.