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Investor confidence in the Philippines is unmistakably rising. Several factors support this—chief of which is the solid macro-economic fundamentals in place. Another major factor is the business-friendly policies of the Marcos government.

President Ferdinand Marcos, Jr., through the Department of Budget and Management (DBM) has submitted to Congress his first full budget for the fiscal year 2023. The total budget proposed by the new administration is ₱5.268 trillion and was described by DBM Chief Amenah F. Pangandaman as being “proactive and resilient…designed to withstand future risks, challenges and shocks.”

All advanced economies have attained progress on the back of world-class infrastructure. We can look at the examples of Japan, South Korea, Hong Kong and Singapore that built impressive airports, seaports, roads, bridges, railways and subways leading to cities full of skyscrapers.


The administration is very much aware of the critical role of infrastructure projects in shaping up a modern nation—they can also unleash the country’s full economic potential.