The ingenuity of infrastructure investments

The Santa Monica-Lawton Bridge holds much potential in growing the economy of Ortigas Center and BGC.Indonesia, our neighboring country, faces similar difficulties. The nation is also reeling from the economic and social blows of the COVID-19 pandemic. At the request of its Coordinating Ministry for Economic Affairs , ADB prepared a proposed framework to maximize infrastructure investments to help spearhead the growth of their economy in upcoming years.

Quality roads, transportation nodes and other utilities will help boost private sector confidence, which in turn can generate new sources of investments. A portion of these new funds can also be used to further improve infrastructure in the future, thus creating a cycle of continuous growth and economic productivity. This innovative scheme is proposed to be applied in developing cities in Indonesia—Jakarta, Makassar and Palembang.

Lastly, Hong Kong uses a transit-oriented development approach to generate more jobs and homes in the city. Strategic zoning and transit planning has led to having 75 percent of the population and 84 percent of jobs less than a kilometer away from the mass transit station. Property development continues to fund the railway’s improvement and operations.

This will encourage companies to establish businesses and partnerships in both business districts with little worry about distance. It will also help employees living on the fringe areas of Metro Manila such as Rizal and Laguna to commute more easily on work days. More significantly, the value of land in the affected areas are set to rise, thus giving investors in condominiums, businesses and lands a good return for their money.

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