2022年3月31日星期四

Crane Industry Watch: Philippine government infrastructure spending to reach P895.1 billion in 2021

 According to a report by the Philippine Daily Inquirer on March 28, data from the Philippine Department of Budget and Management (DBM) shows that in 2021, with the implementation of numerous road, airport and railway projects, the Philippine government’s public infrastructure Expenditures reached 895.1 billion pesos, up 31 percent year-on-year. When government infrastructure spending is combined with factors such as infrastructure subsidies, equity issuance to state-owned enterprises and bond issuance to local governments, total infrastructure spending is P1.12 trillion, or 5.8 percent of GDP, DBM said.

The Philippine government obviously has a set of clear ideas on how to guide the social and economic development in a positive direction, and China, as a country developed from infrastructure construction, plays an important role in the construction of various engineering projects. As a Chinese crane supplier, Dongqi Crane has rich experience in designing and manufacturing various types of cranes, and also has corresponding types of products for crane applications in complex environments. For example, container gantry cranes are widely used in ports, overhead cranes and electric hoists that provide assistance to automobile factories. There are more types of cranes used in complex environments including but not limited to the following:

QY Insulation Overhead Crane

QB explosion proof overhead crane

Grab Bucket Overhead Crane

QC Electromagnetic Overhead Crane

QL Electromagnetic Overhead Crane

Dongqi Crane has rich experience in crane design in complex environments, and will continue to provide Philippine customers with high-quality crane products and services

https://www.craneyt.com/crane-industry-watch-philippine-government-infrastructure-spending-to-reach-p895-1-billion-in-2021.html

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