I read an article titled “Philippine Government Increases Infrastructure Expenditure to 5% of GDP in 2014 – Is This Enough?” and realised that Civil Engineering is a good course of choice.
Do you know why?
- The Philippine Government has earmarked $9.24 billion (3% of GDP) for infrastructure spending in the 2014 budget.
- Infrastructure spending will increase to 5% in the next two years or at $13.57 billion and $19.05 billion in 2015 and 2016, respectively
Now, this is only as far as Philippines is concerned.
Read this article “Why Infrastructure Management is Important“, and you will notice how much the countries in regions of the world will be spending annually for infrastructures.
According to the World Bank Infrastructure Strategy Update chart, the annual infrastructure spending of some world regions is 7% of GDP or between $45.3 to $207 billion dollars.
Also, with most developing and third-world countries struggling for integrity, the World Bank would be needing honest and skilled civil engineers who would supervise all these infrastructure program implementation around the world.
Now, consider this.
For all the infrastructures these countries will be building as they cope with population and development, the role of infrastructure management or infrastructure asset management experts are valuable.
CLICKING on the image below will direct you to a post that will provide snippets of infrastructure management learning in the Philippine context.
Study at Central Philippine University.
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