Manila may have to fight to fund big city projects
Article Abstract:
The Philippines will have to maintain a systematic framework for private-sector involvement in rail and road projects to win financing for its infrastructure projects in the future. Regarded as a model country in Asia, the Philippines has 11 major road and rail projects planned for Manila. It will need $38.1 billion for six rail projects and some $7 billion for overhauling the city's ailing water system. Some bankers are optimistic that many projects will get financed, but many are skeptical because of the political issues connected with such projects.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Manila basks in the glow: success of summit is a boon for the Philippines
Article Abstract:
Observers have lauded the success of the Asia-Pacific Economic Cooperation (APEC) summit held in the Philippines. The smooth execution of the event attended by 8,000 visitors shows that the country has made major progress economically and politically. The host country has also been praised for the way it handled anti-APEC demonstrators. The delegates and dignitaries appreciated the cordiality of the Filipinos and had no complaints about security measures.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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