The Philippines prepares to rebuild - OBG

The Philippines prepares to rebuild

Long a key component of the Philippines’ economy, the construction industry is earmarked for strong growth next year, as the country moves to roll out new infrastructure, address its housing shortage, and to begin rebuilding the areas hit hardest by Typhoon Haiyan.
As talks get under way on the subject of reconstruction, the government will be all too aware of the part that unsuitable material used to build homes played in exacerbating the storm’s damage. However, with affordable, durable housing in short supply, even before the disaster, investment in new builds will be critical over the coming years... Read more.

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