We will see (the future of the Philippines)

Analysts say the country [the Philippines] is on the cusp of its first investment boom since the Asian financial crisis of 1997, after more than a decade of political instability.

Many of the country’s biggest conglomerates are rolling out their most ambitious spending plans in years to build shopping malls, office towers and residential projects.

The president is inviting private companies to build infrastructure projects, such as airports and light rail systems, through public-private partnerships that bind the government to help ensure investors recover costs and earn minimum returns through user charges or direct government payments.

Here is more.


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