Crane Industry Watch: Philippine government infrastructure spending to reach P895.1 billion in 2021

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Crane Industry Watch: Philippine government infrastructure spending to reach P895.1 billion in 2021

According to a report by the Philippine Daily Inquirer on March 28, data from the Philippine Department of Budget and Management (DBM) shows that in 2021, with the implementation of numerous road, airport and railway projects, the Philippine government’s public infrastructure Expenditures reached 895.1 billion pesos, up 31 percent year-on-year. When government infrastructure spending is combined with factors such as infrastructure subsidies, equity issuance to state-owned enterprises and bond issuance to local governments, total infrastructure spending is P1.12 trillion, or 5.8 percent of GDP, DBM said.

The Philippine government obviously has a set of clear ideas on how to guide the social and economic development in a positive direction, and China, as a country developed from infrastructure construction, plays an important role in the construction of various engineering projects. As a Chinese pemasok derek, Dongqi Crane has rich experience in designing and manufacturing various types of cranes, and also has corresponding types of products for crane applications in complex environments. For example, kontainer gantry crane are widely used in ports, overhead cranes and electric hoists that provide assistance to automobile factories. There are more types of cranes used in complex environments including but not limited to the following:

QY Insulation Overhead Crane

QB explosion proof overhead crane

Grab Bucket Overhead Crane

Derek Overhead Elektromagnetik QC

Derek Overhead Elektromagnetik QL

Dongqi Crane has rich experience in crane design in complex environments, and will continue to provide Philippine customers with high-quality crane products and services

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