Philippines Construction

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What segments offer the best value proposition for real estate developers wishing to diversify their portfolios both at home and abroad?

 

Slowly but surely, the adoption of green building practices in the Philippines in office, residential and public sector construction projects is gathering momentum. Adhering to corporate social responsibility commitments on climate change reduction, multinationals have been the first movers in terms of demand for more environmentally friendly...

Chapter | Construction & Real Estate from The Report: The Philippines 2015

The construction and real estate sectors make up around 20% of the Philippine economy, slightly ahead of manufacturing, and as of the first quarter of 2014 accounted for 7% of national employment. The industries have been thriving in a climate of political stability and upbeat business sentiment, spurred by growth in overseas workers’ remittances, investments into business process outsourcing...

Reverberations are expected in the Philippine cement industry from the $54bn planned merger of Lafarge and Holcim as the two companies plan to restructure their operations in the Philippines which could unravel an even bigger shake-up of the local industry.
The government in the Philippines is giving a new push to major construction projects awarded under a public-private partnership scheme, putting the building sector on a strong growth path after last year's Typhoon Haiyan wrecked havoc in the southeast Asian country.

Cities across the Philippines are getting a facelift, with gleaming new buildings springing up all around Metro Manila and beyond. With the country riding high on a wave of investment rating upgrades this growth, as far as the real estate and construction sector is concerned, has only just begun. But while this vote of confidence in the Philippines...

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