Construction industry offers growth potentials in 2025

Philippines News News

Construction industry offers growth potentials in 2025
Philippines Latest News,Philippines Headlines
  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 59%

As the Philippine economy continues to deliver a stellar performance in 2025, expect the local property sector to benefit from it. Although it continues to face headwinds, Colliers Philippines research director Joey Roi Bondoc is confident that tailwinds are likely to support the market’s growth in 2025.

“Developers should continue exploring growth areas outside Metro Manila given the tepid office and residential take up in the capital region. This is a good opportunity for firms to line up recovery strategies next year,” he said.

SHERA developed FyberTec technology for the local market because it understands the real challenges Filipinos are facing in construction. From unpredictable weather and heavy rains to the constant threat of fire and termite damage, he said these issues can cause stress and financial strain. Amidst climate change and global warming, Jumpasri said the FyberTec technology offers the construction industry a vital solution by ensuring buildings withstand extreme weather, heat, and environmental stress. Its durability and resilience make it an essential material for creating long-lasting, sustainable structures in an era of unpredictable climate conditions.

According to Business Monitor International’s latest Infrastructure Report, the Philippine construction industry is expected to grow by 8.2 percent annually through 2028. Further, it also uses an AI-powered platform that provides 360-degree documentation of construction sites in real-time. Moreover, it deploys drones for larger projects spanning several hectares for comprehensive site monitoring.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessMirror /  🏆 19. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BINI to hold 2025 concert at Philippine ArenaBINI to hold 2025 concert at Philippine ArenaLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Abalos' 2025 Senate bid gains backing of Philippine councilorsAbalos' 2025 Senate bid gains backing of Philippine councilorsNB Resolution No. 25 S-2024 cited Abalos’ vast experience as a public servant. 
Read more »

Samal 5150 takes spotlight in 2025 triathlon calendarSamal 5150 takes spotlight in 2025 triathlon calendarThe Damosa Land 5150 Triathlon is poised to offer a memorable race in Samal, Davao del Norte. Scheduled for Sept. 21, 2025, this inaugural event promises a scenic yet challenging course, solidifying Samal Island's status as a premier destination for wellness and adventure.
Read more »

Samal 5150 takes spotlight in 2025 triathlon calendarSamal 5150 takes spotlight in 2025 triathlon calendarThe Damosa Land 5150 Triathlon is poised to offer a memorable race in Samal, Davao del Norte. Scheduled for Sept. 21, 2025, this inaugural event promises
Read more »

Phinma looking to launch socialized housing early 2025Phinma looking to launch socialized housing early 2025Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

PH to achieve UMIC status in 2025PH to achieve UMIC status in 2025THE Philippines has a good chance of attaining upper-middle-income status next year if economic growth targets are attained, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Friday.
Read more »



Render Time: 2025-02-12 17:06:14