Infrastructure Advocacy Paper 2018
The Philippines is weak on transport infrastructure compared to economies around the world and in the region. According to a joint report from the Department of Trade and Industry (DTI) and the World Bank, weak infrastructure means the Philippines has the highest logistics costs in the surveyed Southeast Asian countries amounting to 24-53% of wholesale prices in addition to shipping and port handling costs accounting for 8-30% .
The Duterte Administration is determined to address these concerns via “Build Build Build”. The EU infrastructure sector is willing to contribute to “Build Build Build” and increase the Philippines’ competitiveness with long-term investments and innovative solutions. However, a level playing field must be ensured. To this end, restrictive policies that hinder economic growth or discourage private sector participation need to be reviewed.