Large-scale commitments by the Philippine government will increase sustainable power’s already significant contribution to the energy mix.
Philippines
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The Philippines has kicked off its 2018 infrastructure programme with the launch of a headline transport project, with additional investments set to support GDP growth moving forward.
Economic update | Philippines: Year in Review 2017
27 Dec 2017
Rising domestic and external demand helped place the Philippines as one of Asia’s best-performing economies in 2017, with many key sectors posting high levels of growth.
On the back of efforts to encourage more international business activity, the Philippines registered the highest rate of foreign direct investment (FDI) growth in the ASEAN region last year, with the country hoping to capitalise on the global attention generated by hosting the bloc’s most recent summit to enhance trade and investment flows.
With an eye on reversing a dip in foreign direct investment (FDI), the Philippines has proposed a series of reforms aimed at increasing trade liberalisation.
What do you think is driving the growing infrastructure gaps throughout emerging and developing economies in Asia?