MSEditorial Infrastructure push 'Obviously, we cannot rely solely on domestic revenue generation or local banks to build major infrastructure projects' READ:
Ample proof that the government has begun to make good on this pledge is the recent signing of contracts for the South Commuter Railway Project in Laguna, the largest infrastructure project to be funded by the Asian Development Bank.
The previous administration had planned to build an extensive railway system that would connect major cities in Mindanao, but it appears that the project has been indefinitely shelved since the expected funding from China did not materialize.Apart from railways, the country needs to build more transportation-related infrastructure, such as roads and bridges that would connect the various islands.
A conglomerate appears to have already secured approval for the construction of the Sangley International Airport in Cavite province. With three international airports in the Greater Manila area alone, the economy stands to benefit immensely in the coming years.
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