I shared this story from Quartz (posted August 21, 2014) in my facebook wall a few days ago with a note, "Magagalit ang mga anti-government groups dito. They will not believe this news." Today it has 23 shares, wow. This means that many people like to hear positive news too, not just the negatives.
Photos below I got from the Philippine Construction Boom facebook page.
Sprawling urbanization.
changing skyline of makati. The Circuit. Former Sta. Ana racetrack.
NAIA terminal 3 and Makati skyline.
It seems CDO and Davao cities in Mindanao are business-friendly and attracting good investments too.
The Iloilo Convention Center is projected to be finished by March next year. The Asia Pacific Economic Cooperation (APEC) Summit next year will be held there.
From Bloomberg,
Sleepy Philippine Towns Wake Up to Answer World’s Phones, August 20, 2014. It says,
The old airport, replaced by a new one in 2007, is a construction site, where developer Megaworld Corp. is building a 35 billion-peso ($800 million) business park with a Marriott hotel and condos sporting names like One Madison Place and Lafayette Park Square.
A mile down the road, the planned hospital, shops, hotel and homes of Ayala Land Inc.’s Atria Park District may create 10,000 jobs on former salt pans. For Ilonggos and Ilonggas, as the city’s residents are known, the growth brings new opportunities.
My clubmate in Rotary, Norlan, has a medium size construction business. He once told me that they are sometimes losing their workers to the big construction firms. Naiipit nga daw sila, some of their workers will resign and go to the big firms with bigger salary. So they are obliged to pay bigger pay too
Eto rin, sikat sa makati, hehe.
Anyway, the photos above are not meant to glorify the state or PH government. Rather to show that despite various adversities like heavy business bureaucratism, the local private sector along with their foreign parners, local workers and SMEs, are simply too optimistic and hopeful about the country. Thus, those huge business initiatives.