Summary:
ACI’s ASEAN Economic Competitiveness Analysis finds differences in the performance of Indonesia and the Philippines’ infrastructure development. Indonesia performs better in physical infrastructure, while the Philippines performs better in technological infrastructure.
Such disparities are intriguing since the countries face similar geographical challenges concerning infrastructure development. The countries also have similar standards of institutional quality and foreign investment attractiveness. They have recently witnessed comparable scales of large-scale infrastructure projects such as the Palapa Ring project (Indonesia) and Build! Build! Build! (BBB) Program (Philippines).
Highlights:
- Although Indonesia and the Philippines face similar geographical challenges for infrastructure development, differences exist between the countries in technological and physical infrastructure development.
- Such disparities are intriguing since the countries face similar geographical challenges concerning infrastructure development.
Article By NG, Wee Yang
Graphic By GE, Yixuan