The Transportation industry is essential to personal mobility and a prerequisite for achieving socio-economic progress. The industry is a key component of global production and supply chains, and a primary facilitator of international trade in goods and services. Emerging technologies and stricter environmental regulation are reshaping traditional transportation modes and driving investment in more efficient and sustainable transportation solutions.
Activities associated with the Transportation industry are transportation of passengers and cargo by road, rail, air and water, and the related support activities. Urban mobility, scenic and sightseeing transportation, courier and postal services, and pipeline transportation of oil and gas are also included in this industry.
The Philippines has an inter-modal transportation system and the transportation sector accounted for 3.9% of national GDP in 2019. The main sector performance indicators showed y/y growth in 2019, with the exception ...
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The Philippine transportation sector accounted for 3.6% of national GDP in 2018. Though suffering from under-investment in recent decades, transportation has excellent prospects for the future as adding transport-related infrastructure has been among ...
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The Philippines’ tourism sector made up 8.6% of the country’s GDP in 2016. The sector’s value added grew by 12.3% y/y, contributing some PHP 1.24tn GVA in the same year, according to figures of the Department of Tourism ...
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