Since 2010, the Philippines national government has tried to address the country’s chronic infrastructure challenges, while maintaining strict fiscal discipline. The focus has been on initiating a series of reforms that some think has revived the country's P3 program. These reforms have resulted in the awarding of nine projects (with a total investment of US$3 billion). This P3 program's roll-out aims to support the government's intention to raise private investment in infrastructure from 0.4 percent of GDP in 2013 to 1.1 percent of GDP. Spending in infrastructure is expected to grow at around 10% a year during the next decade, reaching a total of US$27 billion per year by 2025.
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