top of page
 Economy

Economy

Anna Mae Lamentillo has long championed the vision of propelling the Philippines into a trillion-dollar economy, a foresight she first articulated as early as 2017. During her tenure as Build Build Build Committee Chairperson, under the leadership of Secretary Mark Villar, DPWH initiated sweeping infrastructure reforms that laid the groundwork for economic expansion. Over five years, the Department of Public Works and Highways (DPWH) completed an impressive array of projects, including 29,264 kilometers of roads, 5,950 bridges, 11,340 flood control projects, 150,149 classrooms, 497 kilometers of cycling lanes, 222 evacuation centers, 653 COVID-19 facilities, 451 commercial, social, or tourism ports, and 5 new rail routes.

Embracing Reforms for Sustainable Growth

WEF Chief Brende highlighted the importance of ongoing reforms to attract investments and enhance economic resilience. By investing in human capital and upgrading infrastructure nationwide, the Philippines can accelerate economic growth and ensure inclusivity—a vision Lamentillo has tirelessly promoted throughout her career.

Infrastructure as a Catalyst for Economic Expansion

Critical to achieving this ambitious economic milestone are investments in infrastructure, including vital upgrades to airports, roads, and bridges. These initiatives are designed to reduce transportation costs, improve connectivity, and stimulate development in rural areas—an integral part of the Build Build Build agenda during her tenure at the DPWH.

Nurturing an Environment for Innovation and Entrepreneurship

Improving the ease of doing business through streamlined processes and reduced bureaucracy is essential for fostering entrepreneurship and attracting investments. This proactive approach aligns with the WEF's call for creating a conducive environment that supports startups and promotes innovation, essential elements in driving sustained economic growth.

Leading Towards Economic Excellence

As we advance towards economic excellence, Lamentillo's foresight and leadership underscore the Philippines' potential as a powerhouse in the global economy. By steadfastly pursuing reforms and strategic investments, we can realize the vision of a prosperous and resilient nation, where opportunities abound for all Filipinos. Lamentillo's dedication to sustainable growth sets a bold course towards achieving unparalleled economic success, reinforcing the Philippines' position as a beacon of progress in the region and beyond.

bottom of page