Philippine infrastructure is 8th of 10 in ASEAN economies

Ambassador Raul Hernandez and other ASEAN officials attended the event.

The forum was held at the ASEAN Federation of Korean Industries (FDI) in South Korea’s capital city.

In a press kit provided to ASEAN journalists, manila ranked eighth – ahead only of Vietnam and Myanmar – compared with other ASEAN member states in terms of overall quality of infrastructure.

Singapore topped the list, followed by Malaysia, Brunei, Thailand, Laos, Indonesia and Cambodia.

The source of information, according to the economic research institute for ASEAN and east asia (ERIA), was the world economic forum report in 2013-2014.

As for “regulatory framework” on public-private partnerships in the region, manila was fortunately lumped with Jakarta and Bangkok in the category where there is “certainty and specific law(s).”

Cambodia, Laos, Myanmar and Brunei, on the other hand, had “uncertainty” and “unspecific” laws when government infrastructure projects are bided out.

The ASEAN connectivity forum came about as the 10 member nations, with the help of Korea, wanted to introduce infrastructure projects and policy directions in the fields of transport, energy and information and communications technology.