Infrastructure buildup, great opportunities for investment

MANILA, Feb. 1 -- Investment climate looks promising with more vital projects to be undertaken by the government in the Philippine’s Golden Age of Infrastructure.

Department of Public Works and Highways (DPWH) Undersecretary for Legal Affairs and Priority Projects Karen Olivia Jimeno provides an outlook of the various Build…Build…Build infrastructure development projects and Belt and Road Initiatives at the Finance Asia’s Invest Philippines Conference held 30 January 2018 at Fairmont Hotel, Makati City.

Undersecretary Jimeno said that with the government providing incentives to private investors to finance construction, operation and maintenance of infrastructure development projects coupled with the sustainable funding from the Tax Reform for Acceleration and Inclusion program, the Build…Build…Build plan fit together with the Belt and Road Initiative in leading our nation’s road to progress.

Private investors are well positioned to take on high-value infrastructure projects that are most prepared in terms of Philippine government approvals, feasibility studies, and other requirements.

The Philippines is proud to be part of the Belt and Road Initiative where infrastructure will play a key role in the reduction of trade barriers between countries of Asia, Europe and Africa by connecting over land passages and with sea ports and establishes a network of modern silk road.

Belt and Road will improve trade and economic integration and make it easier for goods and investments to flow into countries.

As the largest ever global infrastructure project rolls out across Asia, the one day Invest Philippines event highlight opportunities for investors looking to explore new markets and trading partners. (DPWH)

PIA Website

http://www.pia.gov.ph/news/index.php

links:

http://pia.gov.ph/news/articles/1004609

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