ABM, Ladao 

1. In the Philippines, many countries like China and some

countries in Europe deliberately seek investment in our
infrastructure thru Build, Build, Build Program. Should they be
worried about their investment to us?

President Rodrigo Duterte administration’s infrastructure

plan or the “Build, Build, Build program” is for the Filipino
people to improve their lives through creating jobs and give them
huge opportunities in the country, minimize poverty as well as to
develop industries that will capitulate growth. As what I’ve read
from the articles that the administration’s are having an
economic strategy that would generate the reliable and robust
revenue flows that were needed for cash intensive. According to a
page from the Department of Finance that Secretary Carlos
Domiguez said “besides the tax reform program, the Philippines’
$170-billion infrastructure program will be financed through the
following: 1) increased Official Development Assistance (ODA)
flows from Japan and China, which have committed $9 billion each
worth of investments and ODA, and Korea, which has pledged up to
$1 billion; 2) investments from multilateral institutions such as
the Asian Development Bank, World Bank and Asian Infrastructure
Investment Bank, 3) floating bonds at investment-grade rates, and
4) hybrid Public-Private Partnerships in which the government
undertakes the projects and completed ones are passed on to
private partners for management or acquisition. ” It has combined
loans and grants from these funding sources. He also said that
“Duterte administration plans to increase infrastructure
investments from 6.3 percent of the gross domestic product (GDP)
in 2018 to 7.3 percent by 2022 through its 75 flagship projects
so we are preparing to grow our economy at 7 percent this year.
At that rate of expansion, and with strong investment inflows
contributing to more inclusive growth, we hope to bring down the
poverty rate to only 14 percent by 2022.” These are my claims to
my answer which investors of the Build, Build, Build program
should NOT be worried with their investments because the
government are still doing their parts or job to fulfill their
goals and continue the program despite of the numerous challenges
that the world encountered. It does not mean that I’m with the
government side but I noticed in news and from reading reliable
and relevant articles that they had been working for our country

ABM, Ladao 
ABM, Ladao 

to grow and develop, as well as to keep up and be one of the

developed countries in the world.

References:

Department of Finance. Dominguez says ‘Build, Build, Build’

program open to global institutional investors. Retrieved from:
https://www.dof.gov.ph/dominguez-says-build-build-build-program-
open-to-global-institutional-investors/

Mawis, A. (2018). Understanding the ‘Build, Build, Build’

program. Retrieved from:
https://business.inquirer.net/254682/understanding-build-build-
build-program

Vera, B. (2019). Review of ‘Build, Build, Build’ to yield

expanded, more comprehensive list. Retrieved from:
https://business.inquirer.net/281167/review-of-build-build-build-
to-yield-expanded-more-comprehensive-list#ixzz6SBMlhq4C

Sarmiento, P. (2019). Build, Build, Build program making strides.

Retrieved from:
https://www.chinadaily.com.cn/a/201908/28/WS5d65d2d8a310cf3e35568
3c3.html

ABM, Ladao 