RIDE THE WAVE TO SUCCESS
RIDE THE WAVE TO SUCCESS
In 2020, the Philippine’s GDP growth rate is expected to grow by 6.4%, according to the Asian Development Bank’s Outlook 2019, and persistently remain among the fastest-growing economies in Asia.
In the first quarter of 2019, the water industry registered a 2.8 % growth period according to Philippine Statistics Authority. However, due to the rapid rise in population and urbanization rates, worsened by climate change, the Philippines’ water resources continue to face intense situations, as Asia Society’s Leadership Group on Water Security reports.
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