MANILA: The Philippines construction sector is likely to rebound strongly this year, driven by transport infrastructure, particularly rail and road development, says think tank Fitch Solutions. The local construction industry is seen to grow by 24.2% this 2021 and 16.1% in 2022, outpacing the growth of the overall economy. Downside risks remain, however, due to the resurgence of Covid-19 infections from the more contagious Delta variant and heightened containment measures, which may temper the s
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2021-09-14 00:00:00.0