Market Report, "Philippines Infrastructure Report Q3 2014", Published
Although the Philippine s construction sector appears to have reached the peak of its growth cycle, we believe this should not be inferred as a negative reflection of the sector's growth potential. The country's construction sector is still expected to be the fastest growing in Asia over the medium-term (after Myanmar) as conditions that are ideal for construction activity persist. Having said that, the lack of significant progress with the government's Private-Public Partnership Programme suggests project execution risks in the...
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