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Why Infrastructure Maintenance is Crucial for the Philippines' Development

Join us on a journey through the Philippines' ambitious Build, Build, Build program, aiming to transform its infrastructure landscape. Explore the challenges faced, from historical neglect to the current maintenance crisis, and uncover the government's plans to address these issues.

🏗️ In Chapter 1, delve into the origins of the Build, Build, Build program, loaded with 112 flagship projects valued at $88 billion. Discover the emphasis on transport, urban development, water resources, ICT, health, and power, with funding from concessional loans and international contributions. Learn why, as of June 2022, only 10% of transport projects were completed, presenting opportunities for U.S. exporters.

🚧 Chapter 2 exposes the Maintenance Problem, discussing the Philippines' historical struggle with infrastructure quality and the challenges faced in the Duterte administration's ambitious investment plan. Uncover the criticism, the issues with existing infrastructure like dams and rail systems, and the government's acknowledgment of high logistics costs and congestion rates.

🔧 Explore Chapter 3, where we reveal the government's response with the "Build, Better, More" program. Understand the improvements, differences from Build, Build, Build, and the budget of 9 trillion Philippine Pesos. Discover the focus on sustainability, strength, advanced technology, and diverse funding sources, including Public-Private Partnerships. Learn about big projects like the New Manila International Airport and the government's goal for economic growth.

🌐 Stay tuned for solutions to maintenance issues, climate-proof infrastructure, and advancements in power, transport, and urban planning. Discover the commitment to making infrastructure reliable and resilient, and the strategic focus on climate issues.

🚴‍♂️ Don't forget to like, subscribe, and share your thoughts in the comments! Join us as we navigate the complexities of the Philippines' infrastructure journey. 🌏🌆

#PhilippinesInfrastructure #MegaProjects #BuildBuildBuild #InfrastructureDevelopment #MaintenanceChallenge

Disclaimer: The information provided in this video is for educational and informational purposes only and should not be considered professional financial, investment, or legal advice. We shall not be held responsible for any errors or omissions in the content. Any action the viewer takes based on the information provided in this video is solely at their own risk.

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