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Stakeholders in the construction industry plan to draw up a road map for growth in the sector in the next two to three years.
?We plan to present this to the new administration,?said Levy V. Espiritu, national president of the Philippine Construction Association (PCA).
Three points will be emphasized. First, promote public-private partnerhips infrastructure and social infrastructure. Second, strengthen the construction industry and third, enhance education for both field and non-field workers.
Espiritu spoke at a press conference for the upcoming construction show, the first Philconstruct Visayas at the Waterfront Cebu City Hotel and Casino on Sept. 9 and 10.
?We all know that we are experiencing a booming construction and real estate industry here in Cebu. So we asked the PCA to bring the event to the Visayas to help fuel the boom further,? said Peter Paul P. Dy, president of the Cebu Contractors Association.
Dy said the show would bring suppliers closer to the construction industry players in Central Visayas especially in Cebu where tourism and business process outsourcing fuel economic growth.
Meanwhile, Espiritu said they were optimistic that Private-Public Partnership would help the industry and increase the country?s gross domestic product growth to more than the expected 6 percent growth rate in the next two years.
Espiritu said that the industry boom is fueled mostly by the private sector, which was not the case before where the government had a 60 percent share of the industry growth.
He said the private sector would need the government's help to sustain growth through government's infrastructure projects.
?Once infrastructure projects are laid out or even when investors see that we are moving, investments will start to pour in and that's when we will experience a true boom,? Espiritu said.
