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Economy, Infrastructure

foreign debt, multinational corporations, government investment, potable water, population growth

The infrastructure of the Philippines is inadequate for the economic development sought by the government, international agencies, and multinational corporations. Some large-scale improvements were made in the past to the country’s schools, health centers, bridges, roads, and irrigation works. However, government investment in infrastructure has not kept pace with population growth and modern technologies. Roads remain unpaved in most rural areas. Cities lack sufficient public transportation, garbage collection, energy resources, potable water, and sewerage treatment. Resources for infrastructure-development projects are often limited because of the country’s huge payments on its foreign debt.



Article key phrases:

foreign debt, multinational corporations, government investment, potable water, population growth, garbage collection, health centers, modern technologies, energy resources, bridges, pace, Philippines, roads, Cities, economic development, past

 
 

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