Building modern, efficient infrastructure is critical to the country’s competitiveness, and is imperative to attracting more investments in the Philippines. Transport is also deemed to be a key sector in the economy, linking population and economic centers across the islands. The Philippines, as an archipelago, requires air, land and sea transport networks. Road networks are relied on to transport passengers and handle freight movement. Ports, together with airport, railways and roads, are vital to connect the main islands of Luzon, Visayas, and Mindanao.
Given the importance of infrastructure development, the ECCP Infrastructure and Transportation Committee advocates for and focuses on the following: 1) further opening up the construction sector to foreign players; 2) classification and difference in tax treatment for metallic and non-metallic mining; and 3) addressing high shipping costs.
Year published: 2019
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