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Sep
09

“How NGOs are Improving Infrastructure in the Philippines”

On September 6, 2019, Business and New Markets, World News, posted the above-titled article, which reads in part as follows:

“The Southeast Asian nation of the Philippines, an archipelago of approximately 108 million people, has recently become quite economically viable. From 2017 to 2018, its global competitiveness score jumped from rank 68 to 56 out of 140 nations indexed by the World Economic Forum. However, the country’s infrastructure lacks the vitality of its overall economy, ranking at 92 out of 140 in the same report.

Improvements in infrastructure would lift the Philippines’ average global competitiveness score. With the U.S. Trade Representative reporting $29.6 billion in 2017 U.S.-Philippines trade, there are also lucrative American opportunities if infrastructure capable of supporting businesses were to grow. Fortunately, infrastructure in the Philippines is a focus of President Rodrigo Duterte’s administration. Unfortunately, financial difficulties accompany this initiative, which is why more NGOs are shifting their focus to infrastructure aid for long-term growth.”

Click here to read this entire article.

 

 

 

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