Did you know that construction will grow up to 130-trillion under the new roadmap
It will be a big opportunity for those in the construction industry. It's gonna be a long run for us as the announced the plans by the DTI.
"Trade Secretary Ramon Lopez said under the Construction Industry Roadmap 2020 to 2030 crafted by the Department of Trade and Industry through the Construction Industry Authority of the Philippines and the Philippine Contractors Association, the industry is aiming to boost its contribution to the economy to P130 trillion from just P2.3 trillion last year.
He said the value is 325 percent larger than the P43 trillion projected growth of the industry without a roadmap.
Implementation of the roadmap, he added, would increase job opportunities for construction to seven million by 2030 from four million last year. -Philippine Star 2019"
The government will push its infrastructure development.
“The roadmap is a proof of the Philippine government’s holistic commitment in improving the quality of construction services consistent with principles of sustainability, increasing the number of globally competitive Filipino construction industry players, and equipping the whole project cycle with efficient and modern technologies,” Lopez said.
“The role of innovation in construction development is very important. The construction ecosystem now has focus on finding solutions to the many challenges faced by the industry. And AI will be our answer to these challenges. An example will be machine learning that could optimize schedules to order target deadlines as well as detect discrepancies in blueprints and correct them through programmed scenarios. Imagine if the Philippines will be able to design and produce this kind of system for our construction industry. We could eventually start exporting knowledge processing in the future,” he said.
The government would also push artificial intelligence (AI) that develops safer and convenient security for every Filipino. It will produce a high quality of software and hardware that will support throughout the improvement of technologies.
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