SALINI MAGAZINE - WE BUILD VALUELIKE US ON FACEBOOK
 
Infrastructure investments should reach 6 .9% of national GDP in the Philippines this year, almost a world record. The figures were released by the Philippine Department of Budget and Management, in a snaphot of a booming economy demonstrating the initial results of the "build, build, build" policy of President Duterte’s government, based infrastructure investments. In the next ten years, the government will spend $180 billion in the sector, necessary to close a serious gap (according to the World Economic Forum, the Philippines ranks 92nd in the world for infrastructure quality). The spending is also to reduce poverty and revive the country’s economy of the country (give than average GDP per capita is less than $3,000 per year). For progress, just take a look at Manila, where ground was broken on construction sites for the Metro Manila Subway Line 9, the first subway line in the Philippines.

    
GLOBAL ECONOMY AND SUSTAINABILITY  20/02/2019
 
RECORD INVESTMENTS: THE PHILIPPINES ARE BETTING ON INFRASTRUCTURE
 

Infrastructure is seen by the government as a strategic asset to overcome poverty and attract more investors

 

    
INSIDE INFRASTRUCTURE  20/02/2019
 
KUWAIT: HOME TO THE WORLD’S LONGEST MARITIME CAUSEWAY
 

The country is set to open a causeway across its bay as it seeks to diversify its economy

 


SALINI IMPREGILO

www.webuildvalue.com
YouTube   YouTube   Twitter   LinkedIn   Instagram

iTunes Goggle play

You received this email because you are subscribed to the We Build Value Newsletter. Should you wish to stop receiving our Newsletter please click here