Railway companies, including subway companies based in the Tokyo metropolitan area, envision bolstering their combined capital outlays
Although real estate companies plan to slash capital outlays
, the buoyant capital spending programs of electric power companies and leasing firms will more than offset the negative effects of the planned cutbacks in the real estate sector, it said.
The DBM attributed infrastructure spending growth at the end of the first eight months to 'the implementation of public infrastructure projects of the DPWH (road repair and rehabilitation, flood control projects) and the Department of Transportation (rail and transport infrastructure), other capital outlay
projects in state universities and colleges (construction, repair and rehabilitation of school facilities, acquisition of equipment) and the DOH (upgrading of health facilities and purchase of hospital/medical equipment), and the modernization program of the Department of National Defense-Armed Forces of the Philippines (purchase of ammunitions, transport equipment and other defense assets).
In June, infrastructure and other capital expenditures remained strong as a result of the implementation of road infrastructure projects of the DPWH, payments for completed irrigation projects implemented by the National Irrigation Administration when it was still attached to the Department of Agriculture's Office of the Secretary, and some capital outlay
projects of state universities and colleges such as construction or renovation of buildings and purchase of machinery and equipment, the DBM explained.
But the DBM said a difference lies in the sense that 'the Duterte administration is more focused on infrastructure rather than other capital outlays
such as corporate equity and capital transfers to local government units.
At the end of the first five months, expenditures on infrastructure and other capital outlays
JG Summit president Lance Gokongwei reported to stockholders in an annual meeting late Wednesday that this year's capital outlays
would be bigger than the P41.
Total expenditures in April alone-including current operating expenses, capital outlays
and net lending-declined 4.
End-February expenditures on infrastructure and other capital outlays
increased from P64.