In order to address the possibility that a change in administrations may hinder the smooth progress of infrastructure projects, the roadmap proposed a 30-year master plan that mandates infrastructure spending reach at least 5% of GDP each year.
“If we follow the roadmap, government and the private sector can generate total spending of P130trn ($2.4trn) over the next 10 years,” Anthony Mariano, programme director for digitalisation and transformation at the PCA, told OBG. The plan aims to significantly grow the industry’s contribution to the economy from P2.3trn ($42.8bn) in 2018 to P130trn ($2.4trn) by 2030, while boosting employment from 4m to 7m personnel. In March 2019 the CIAP, the DTI and the Philippine Constructors Association (PCA) launched the Construction Industry Roadmap 2020-30. The DOTr, meanwhile, handles rail and airport projects, and the Bases Conversion and Development Authority is responsible for mixed-use developments at former US military facilities.
Many large BBB projects fall under the remit of the DPWH, as it is oversees the construction and maintenance of roads, bridges and waterways. Board members include the secretaries of the Department of Public Works and Highways (DPWH), the Department of Transportation (DOTr) and the Department of Labour and Employment (DOLE).įlagship infrastructure projects under BBB are reviewed by the National Economic and Development Authority (NEDA), which is responsible for overseeing broad economic strategy. The Construction Industry Authority of the Philippines (CIAP), a state agency chaired by the secretary of the Department of Trade and Industry (DTI), regulates building in the country. On the back of solid economic growth and enabling policies, as well as robust domestic compounded by Chinese demand for property, BBB is proving to be the necessary vehicle to realise President Duterte’s “golden age of infrastructure”. Primarily a transport initiative, BBB is also leading to ancillary construction and development around airports and seaports, especially residential and retail projects. 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.