How much progress has been made on the modernisation of transport infrastructure under the Build, Build, Build (BBB) programme?
Construction
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Interviews & Viewpoints | Jose Leviste Jr, Chairman, Atlantic, Gulf & Pacific Company: Interview from The Report: Philippines 2019
Interviews & Viewpoints | Robbie Antonio, Founder, Revolution Precrafted Properties: Interview from The Report: Philippines 2019
Articles & Analysis | Preparations under way for the Philippines' inaugural real estate investment trust from The Report: Philippines 2019
While real estate investment trusts (REITs), or publicly listed stock corporations that own income-generating real estate assets, have been notionally possible since the REIT Act of 2009, no asset of this type has been established. However, this is set to change as local real estate firm Ayala Land announced in April 2019 that it will raise...
Articles & Analysis | Construction under the Philippines' Build, Build, Build infrastructure programme forges ahead from The Report: Philippines 2019
The Philippines’ construction industry is entering a period of strong growth, supported by government spending led by President Rodrigo Duterte’s signature Build, Build, Build (BBB) infrastructure programme. Primarily a transport initiative, BBB is also leading to ancillary construction and development around airports and seaports, especially...
Articles & Analysis | Shortage of skilled labour in construction sector hinders the Philippines' infrastructure development initiatives from The Report: Philippines 2019
In April 2019 the Department of Labour and Employment (DOLE) reported that the construction sector’s share of total employment rose to 9.5% in October 2018, up from 8.5% a year earlier. This figure accounted for 328,000 additional jobs with the total employed in the sector reaching 3.9m. The Construction Industry Authority of the Philippines...
Articles & Analysis | Tax reforms and transport projects support Philippine real estate sector in new areas from The Report: Philippines 2019
The Philippines’ real estate sector has enjoyed robust growth in recent years, fuelled by remittances, rapid economic expansion and a comprehensive public infrastructure programme that has opened up new opportunities beyond Metro Manila and the affluent business districts of the capital. Actions set to further strengthen activity in the sector...