Construction in the Philippines – Key Trends and Opportunities to 2018

Date: 2015-09

The Philippine construction industry increased in value at a compound annual growth rate (CAGR) of 12.01% during the review period (2009−2013). This growth was supported by public investments in the infrastructure and residential markets, which are expected to be the main growth drivers over the forecast period (2014−2018). The industry is projected to record a forecast-period CAGR of 9.90%. Business process outsourcing, public-private partnership (PPP) initiatives and rise in the number of tourist arrivals will also drive industry expansion, leading to the construction of more residential properties, roads, bridges, offices and power plants.

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