Philippines Infrastructure Report

Providing expert analysis, independent forecasts and competitive intelligence on the Infrastructure industry.

Report includes: BMI Industry View, Industry SWOT Analysis, BMI Industry Forecast, BMI's Infrastructure Risk Reward Index, Market Overview and Company Profiles.

Why you should buy this report

  • Gain independent insight into the outlook for the infrastructure industry through BMI's 10 year forecasts
  • Understand the market through analysis of projects , investment plans and key players
  • Understand the threats to your operations and investments and protect your company against future risks
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Philippines Infrastructure Report
Product Price
$1,295.00

BMI View: The positive outlook for Philippines' construction sector is supported by growth in public construction activity as the government's Public-Private Partnership programme gains traction, as well as sustained momentum in private construction activity. The upcoming elections in 2016 will weigh on construction activity.

Forecast And Latest Updates

  • We maintain a positive outlook for the Philippines and forecast the construction sector to register real growth of 10.9% in 2015 and 8.5% in 2016.

  • Our positive outlook over the near-term is underpinned by a pickup in public infrastructure projects, as well as a stable monetary policy, amid steady momentum for private construction.

  • We expect the government's Public-Private Partnership program to continue gaining traction over the coming quarters as Aquino Benigno is nearing the end of his term as president; the upcoming elections in mid-2016 will, however, weigh on growth in the later part of the year.

Philippines 5-Year Construction Industry Forecast
2014e 2015f 2016f 2017f 2018f 2019f
e/f=BMI estimate/forecast. Source: Central Bank, National Statistical Coordination Board, BMI
Construction industry value, PHPbn 828.16 942.78 1,040.48 1,168.25 1,310.69 1,469.49
Construction Industry Value, Real Growth, % y-o-y 9.90 10.94 8.53 8.28 8.19 8.12
Construction Industry Value, % of GDP 6.5 6.8 7.0 7.2 7.4 7.6

Risk/Reward Index

  • Philippines maintains its Risk/Reward Index score of 53.0 in Q215, despite dropping to 14 position, due to a more positive outlook on Thailand, resulting in the latter leapfrogging Philippines to 13 th position.

  • With the upcoming elections in 2016, Philippines's is likely to see a slight weakening of its Country Risks score.

  • Progress on the government's PPP programme and consistent growth indicates further upside potential to the country's Industry Rewards score.

Philippines Infrastructure Risk/Reward
Risk/Reward Index Rewards Industry Rewards Country Rewards Risks Industry Risks Country Risks
BMI
53 53 52 55 52 35 63
BMI Industry View
7
Forecast And Latest Updates
7
Table: Philippines 5-Year Construction Industry Forecast
7
Table: Philippines Infrastructure Risk/Reward
8
SWOT
9
Infrastructure SWOT
9
Industry Forecast
11
Philippines - Private Sector Driving 2015 Construction Surge
11
Latest Updates
11
Table: Construction And Infrastructure Industry Data (Philippines 2014-2024)
11
Transport Infrastructure - Outlook And Overview
17
Latest Updates
17
Table: Competitiveness Of Philippines's Infrastructure
17
Table: Transport Projects
30
Energy And Utilities Infrastructure - Outlook And Overview
31
Latest Updates
31
Table: Cross-Island Interconnections
43
Table: Energy & Utilities Projects
48
Residential/Non-Residential Building - Outlook And Overview
49
Latest Updates
49
Table: Residential and Non-Residential Building Industry Data (Philippines 2013-2018)
49
Table: Social Infrastructure And Construction Projects
54
Industry Risk Reward Ratings
57
Philippines - Infrastructure Risk/Reward Index
57
Rewards
57
Risks
58
Asia Pacific Infrastructure RRI: Developed Markets Increasingly At Risk
59
Table: Asia Risk/Reward Index
65
Market Overview
66
Competitive Landscape
66
Table: EQS Data
66
Company Profile
71
EEI Corporation
71
First Balfour
75
San Miguel Corporation (SMC)
79
Methodology
86
Industry Forecast Methodology
86
Sector-Specific Methodology
87
Risk/Reward Index Methodology
91
Sector-Specific Methodology
92
Table: Infrastructure Risk/Reward Index Indicators
92
Table: Weighting Of Indicators
93

The Philippines Infrastructure Report features BMI Research's market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's Philippines Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Philippine infrastructure and construction industry.

Key Benefits

  • Benchmark BMI's independent infrastructure industry forecasts for Philippines to test other views - a key input for successful budgetary and planning in the Philippine infrastructure market.
  • Target business opportunities and risks in the Philippine infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Philippines.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts, views and trend analysis covering infrastructure and construction, regulatory changes, major investments and projects and significant national and multinational company developments. These are broken down into construction (social, commercial and residential), transport (roads, railways, ports, airports, etc), and energy & utilities (powerplants, pipelines and so on).

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the infrastructure and construction sectors and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (up to 2012) and forecasts to end-2024 for all key industry indicators, supported by explicit assumptions, plus analysis of key developments in the market and risks to the main forecasts. Indicators include:

Construction: Industry value (USDbn); contribution to GDP (%); total capital investment (USDbn); real growth (%).

Construction industry real growth forecasts (%) and industry value (USDbn) forecasts for industry sectors are split into Residential and Non-residential and Infrastructure sectors. Where the data is available for particular countries the infrastructure is further broken down into indicators for the transport subsectors of roads, railways, airports and ports and the energy and utilities sub-sectors of power plants and transmission grids, oil & gas pipelines and water infrastructure. This dataset is unique to the market.

The reports also include analysis of latest projects across the infrastructure sectors (transport, utilities, commercial construction).

BMI’s Infrastructure Risk Reward Index

BMI’s Risk Reward Index provides investors (construction companies, suppliers and partners) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and  demographic data points. These provide indices of highest to lowest appeal to investors, with each position explained.

Market Overview

An assessment of the competitive landscape and key challenges to entering the market. Details of the largest companies active in the sector across the sub-segments of the industry, including the key financial figures from some of the largest players in the sector.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources

The Infrastructure reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.