Getting your news
Attempting to reconnect
Finding the latest in Climate
Hang in there while we load your news feed
Philippine Infrastructure Drive Creates Investment Opportunities
The Philippines has recognized the critical need for further development of transportation, green, and digital infrastructure. The government, under President Ferdinand Marcos Jr., has rolled out the Build Better More program with a significant budget of approximately USD26 billion for infrastructure projects in 2025, accounting for over five percent of the GDP. ADB is financing initiatives to integrate electric buses into public transit to meet the country’s climate targets and enhance mobility. Furthermore, the country aims to have various seaports to support renewable energy projects, particularly offshore wind farms.