Iloilo, Negros among Top 10 for construction projects

Posted by watchmen
June 13, 2018
Posted in TOP STORIES

The Philippine Statistics Authority (PSA) recently released first quarter data on construction projects taking place across the country, which found Iloilo and both Negros provinces among the Top 10 in terms of the number of construction projects.

Iloilo was listed with 1,032 projects; with both Negros Occidental and Negros Oriental reporting 967 and 957 projects, respectively. Together, they comprised a total 8.3 percent of total projects nationwide.

Cavite topped the list among provinces with nearly 4,000 projects.

According to PSA data, construction projects increased by 2.6 percent from last year, with most attributed to non-residential projects and additions to existing structures. In terms of residential buildings, however, the number of projects declined by 1.2 percent from 2017.

In terms of regions, Calabarzon reported the highest number of construction projects with 8,199, making up 22.8 percent of total projects. Meanwhile, Region VI reported 2,417 projects, or 6.7 percent./WDJ

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