The Filipino economy has been languishing but a number of development schemes are in the offing throughout the archipelago
Port investment projects in the Philippines are normally dogged with controversy, often because they are inseparable from political patronage. Nevertheless a number of schemes are of themselves very important, in terms of improving conditions for domestic and international shipping and generating economic multiplier effects....
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Approx 1583 words from WorldCargo News, March 2002,
page 28.
