10-29
Largest & most influential all-round event for building materials & construction in the Philippines. Philippines Manila-PHILCONSTRUCT 2018
Chinese enterprises hosted over 1,200 overseas clients on-site, achieving a trade transaction volume of 32 million US dollars and receiving over 80 million US dollars in potential orders. The focus was on construction machinery, ceramic bathroom products, and door products. Enterprises such as Zhejiang Jinqi Door Industry reached regional agency agreements with local distributors in the Philippines by showcasing corrosion-resistant aluminum alloy doors and multi-lock-point anti-theft security doors.
Market Background: Infrastructure Benefits and Import Dependency in the PhilippinesDemand Growth DriversGovernment Infrastructure Plan: The Philippines' "Build, Build, Build" strategy invests 18.4 trillion pesos (approximately 360 billion US dollars), covering areas such as transportation, energy, and housing. It is expected to add 27,000 kilometers of roads and 1,000 bridges by 2022;Real Estate Boom: The vacancy rate of office buildings in Manila Metropolitan Area has dropped to 4.1%, and the housing shortage amounts to 6.5 million units, directly driving the demand for building materials such as tiles and doors and windows.