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Philippines - DOT: Increase in Tourists and Employment in 2018

jasongallo88

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Philippines - Build, Build, Build: Duterte's big plan is working

Better late than never - now even the United States wants in on President Rodrigo Duterte's "once in a hundred years" infrastructure program.

In a press conference in Makati City, US Ambassador Sung Kim told reporters that the States "understands and applauds the Philippine government's focus on infrastructure development." According to Kim, America offers its full support for the ambitious "Build, Build, Build" (BBB) program.

The program will cost a staggering $36 billion - a steep price for a developing nation like the Philippines. Another number to watch is 7.3% - that's GDP (Gross Domestic Product) spend by 2022, well above the international benchmark of 5%.


Read more here: Build, Build, Build: Duterte's big plan is working - Flying Ketchup
 
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