Philippines Construction Market Outlook 2014

The Philippines has continued on a path of strong economic growth in 2014, with new construction displaying positive data across the Building and Civil sectors. Last year BCI termed its Philippines construction outlook as ‘Growth – Against the Asian Odds’, and this year we maintain a similar level of optimism with the title ‘Building To Meet Rising Economic Growth’. Stable key economic indicators, coupled with Government initiatives to address foreign direct investment, infrastructure and corruption, have provided the basis for Philippines to maintain its position as an attractive and leading economy with ASEAN and beyond. As we move towards ASEAN Integration in 2015, the Philippines appears to be well positioned to benefit from stronger economic fundamentals, investment upgrades, and the vast network of overseas Filipinos who bring investments, transferable technologies and increasing foreign exchange remittances. This report is designed to give you an insight into the best ways to manage your business in the construction industry over the next 12 months. We wish you all the best in these endeavors. Please do not hesitate to call us if there is anything we can do to help your business in the development year ahead. (Dean Borg)
Published: November 2014
Pages: 114
Format: Soft Copy PD


Category: Construction Reports

Vendor: BCI


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