Who will pay for the Philippines' top 10 infrastructure wants?
Roads, rail and airports are the initial priorities for the Philippines' government’s offerings to infrastructure investors, but questions remain about who will provide the funding.
The Philippines has spent 2.7% of GDP on infrastructure in the past 10 years, which pales by comparison with regional peers. From 1990 to 2008, the Philippines spent just over $1 billion on infrastructure, 40% of which was on energy projects, 31% on telecommunications, 17% on transport and the remainder on water and sewerage.
The Philippines government has outlined plans to establish an infrastructure fund to conduct public-private partnership projects, as revealed in a conference joi…
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