MANILA, Philippines – The Philippines’ inefficient infrastructure network has often been cited as the primary reason why the cost of doing business in the country is high, thus, constraining both investments and growth. According to the 2012-2013 Global Competitiveness Report, the Philippines ranked 98 out of 144 economies in terms of overall infrastructure quality.
But the essential role of the private sector as the main engine for national growth and development has not been lost on the Aquino administration. Through the Public-Private Partnership scheme, the government hopes to bring in strong participation from the private sector in infrastructure development.
This opens doors for companies like San Miguel Corporation to finance projects that will help address the infrastructure deficit. The bulk of San Miguel’s investments, amounting to over P160 billion, have been earmarked toward expanding and improving the nation’s tollways, mass transport system and domestic airports.
The infographic below lists San Miguel’s ongoing infrastructure projects. Hover your pointer above the icons to know more.
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