- Language: English
- 334 Pages
- Published: February 2013
- Region: Global
Philippines Infrastructure Report Q3 2012
- Published: June 2012
- Region: Philippines
- 92 Pages
- Business Monitor International
BMI View: The sharp increase in public construction investment seen in Q411 is giving us cause to believe that the Philippine government will carry out its plan to boost infrastructure spending in 2012.
Combined with improved monetary conditions, we remain convinced that real growth for the Philippine construction sector could return to positive territory, with real growth forecast to reach 6.6% in 2012.
However, we are growing increasingly concerned with the lack of progress in regards to the country’s public-private partnership (PPP) programme and, as a result, we have revised down our forecasts for construction real growth from 7.5% to 7.2% per annum between 2013 and 2016.
Major developments in the Philippines’ infrastructure industry include:
- In February 2012, the Philippine Light Rail Transport Authority (PLRTA) had announced that it will commence a tendering process for Metro Manila's PHP60bn (US$1.4bn) Light Rail Transit Line 1 (LRT-1) extension project during H112, reports railway-technology.com. The project involves the construction of a new 11.7km section of line between Baclaran and Cavite, and the winning bidder will also be responsible for the operation and maintenance of the entire LRT-1 network. The line extension will include eight new stations, three intermodal facilities and one satellite depot. The project has received interest from San Miguel, Ayala Corporation and
Metro Pacific Investments Corporation.
- In March 2012, the National Grid Corporation of the Philippines (NGCP) announced that it was scheduled to make an investment of nearly PHP100bn (US$2.34bn) over a ten-year period to set up new transmission lines and substations, as well as expand existing facilities nationwide.
This will enable the NGCP to provide power transmission more efficiently and increase power generation capacity in the areas involved. The NGCP is aiming to invest between PHP95.8bn (US$2.24bn) and PHP102.8bn (US$2.4bn) in six major transmission line expansion projects under the Transmission Development Plan 2011-2020, according to Giovanni Galang, the deputy department manager of the NGCP's Transmission Planning department. Galang added that most of the projects are scheduled to be concluded within five to eight years, with the NGCP to make four of the six major investments in Luzon.
- In April 2012, Philippine holding company Ayala was awarded a 30-year contract for the first PPP expressway project. Work comprises the construction, operation, and maintenance of a fourkilometre (km) link road for the Daang Hari-South Luzon Expressway. Construction will begin in mid-2012, with the link road scheduled to open by the end of 2013. As for the other PPP expressway projects, the Philippines Department of Public Works and Highways (DPWH) is planning to invite bids for the NLEX-SLEX road link in July 2012 and the 5.2km NAIA Expressway Phase 2 Project in Q412.
Business Monitor International's Philippines Infrastructure Report provides industry professionals and strategists, corporate analysts, infrastructure associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Philippines's infrastructure industry. SHOW LESS READ MORE >
BMI Industry View
Philippines Infrastructure SWOT
PPP Moves Slowly
Regulations, Not Incentives
Table: EQS Data
Table: Philippines Cement Production and Consumption Data, 2009 - 2016
Table: Philippines Cement Production and Consumption Long Term Forecasts, 2014 - 2021
Table: Philippines Construction And Infrastructure Industry Data, 2008 - 2016
Table: Philippines Construction And Infrastructure Industry Long Term Forecasts, 2013 - 2021
Construction And Infrastructure Forecast Scenario
Transport Infrastructure Outlook and Overview
Table: Competitiveness Of Philippines's Infrastructure
Major Projects Table – Transport
Energy And Utilities Infrastructure
Energy And Utilities Infrastructure Outlook and Overview
Major Projects Table – Energy And Utilities
Residential/Non-Residential Construction and Social Infrastructure
Residential/Non-Residential Construction and Social Infrastructure Outlook And Overview
Major Projects Table – Residential/Non-Residential Construction And Social Infrastructure
Philippines Risk/Reward Ratings
Asia Pacific Infrastructure Risk/Reward Ratings
Table: China, India, Indonesia - BMI Interest Rate Views
Table: Emerging South East Asia - BMI Interest Rate Views
Table: Nearly Developed Asia - Bmi Interest Rate Views
Table: Regional Infrastructure Risk/Reward Ratings
First Philippine Balfour Beatty Inc (First Balfour)
San Miguel Corporation (SMC)
New Infrastructure Data Sub-sectors
Construction Sector Employment
Infrastructure Risk/Reward Ratings
Table: Infrastructure Business Environment Indicators
- EEI Corporation
- First Philippine Balfour Beatty Inc (First Balfour)
- San Miguel Corporation (SMC)