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ROAD INFRASTRUCTURE DEVELOPMENT IN THE PHILIPPINES

ROAD INFRASTRUCTURE DEVELOPMENT IN THE PHILIPPINES

ROAD INFRASTRUCTURE DEVELOPMENT IN THE PHILIPPINES

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POLICY<br />

• The Government of the Philippines recognizes the<br />

indispensable role of the private sector as the main engine<br />

for national growth and development and provide the most<br />

appropriate incentives to mobilize private resources for<br />

financing the construction, operation and maintenance of<br />

infrastructure and development projects normally financed<br />

and undertaken by the Government.<br />

• Such incentives, aside from financial incentives as provided by<br />

law, include providing a climate of minimum government<br />

regulations and procedures and specific government<br />

undertakings in support of the private sector.<br />

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