According to the “Philippine Star” (Philstar) reported on April 12, the Philippine central bank data showed that the net inflow of foreign direct investment in the Philippines in January was 819 million US dollars, a contraction of 16% year-on-year. But the BSP expects net FDI inflows to be $11 billion for the full year 2022, up from $10.5 billion last year. Economists from think tank ING Bank said the new outbreak of the virus at the beginning of the year had some impact on investors, but the drop in investment could also be related to concerns about the country’s overall economy, such as the country’s rising debt problems, inflation and the outlook for medium-term interest rates Wait.
Opportunities of Dongqi in the field of infrastructure construction in the Philippines
Dongqi Crane can provide customers in the Philippines with a variety of crane types, including overhead cranes, gantry cranes, jib cranes, electric hoists, and electric winches. If you have any special requirements for cranes, you can leave a message on the website or tell us by Email: sales010@cranesdq.com
https://www.craneyt.com/analysis-of-the-characteristics-of-the-infrastructure-industry-in-the-philippines.html
