Applied Economics

Quarter 4 - Module 3 Business Principles, Tools, and Techniques in Participating in Various Types of Industries in the Locality

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Construction The Department of Trade and Industry (DTI) has recently stated that the Filipino Government is opening up the construction industry to foreign investors with the idea that these investors can potentially become local contractors by providing them construction permits. Thus, this is an ideal time for foreign direct investors to invest in the construction sector. The PSA has reported a growth of 16.1% towards the end of 2018. Taking part in the infrastructural development of the country will ensure its rise into becoming an infrastructure hotspot for Filipino engineers as well as foreign investors (Saniya n.d.)