Balisacan: Infra spending must translate to stronger competitiveness

MANILA, Philippines — The Philippines has increased infrastructure spending in recent years, but the higher expenditure has yet to translate into infrastructure competitiveness comparable to its Asean neighbors, Department of Economy, Planning and Development (DepDev) Secretary Arsenio Balisacan said on Monday. During a congressional briefing, Balisacan said the Philippines continues to trail behind countries such