
What to Look Forward to in the Philippine Construction Industry this year
The industry greets the upcoming year with hope and promise for the construction agency. In fact, it is projected to grow and expand by 9.6% over the 2022-2025 forecast period. Given that, the growth rate of the construction industry is 15.9% and a GDP share of 6.8 percent, it is only reasonable for us to expect more improvements, especially for 2022. Here are other things we can look forward to eventually during 2022: Over the forecast period, we can expect the residential c