Local firms should be given opportunities to participate in government infrastructure projects amid moves to liberalize the entry of foreign contractors, Trade Secretary Ramon Lopez said. AdvertisementsSpeaking at the sidelines of the Asean+6 Construction Forum, Lopez told reporters he wanted to discuss proposed changes to the Foreign Investment Negative List (FINL) with Socioeconomic Planning Secretary Ernesto Pernia. We will meet and we will clarify,” Lopez told said. Pernia has said that changes to the FINL would allow foreign contractors to participate in the Duterte administration’s “Build Build Build” program. We can be open but we should have a definite size,” Lopez said.

Source: Manila Times October 25, 2017 17:03 UTC