Acciona Infrastructure to Boost Investments in the Philippines

Jan 2025

Acciona Infrastructure, a global leader in sustainable infrastructure, is set to expand its investments in the Philippines while continuing to collaborate with government and private partners on transformative projects. During the Pilipinas Conference 2024, CEO Jose Diaz-Caneja expressed the company’s commitment to “keep growing” in the Philippines, highlighting the attractiveness of the public-private partnership (PPP) model in the country. Acciona currently manages eight infrastructure projects, including railways, bridges, expressways, and water treatment facilities.

Diaz-Caneja noted that relocating their Southeast Asia headquarters to Manila has been one of the best business decisions they have made in the region, allowing them to tap into a robust pipeline of opportunities across various infrastructure sectors. He emphasized that all ongoing projects have been successful and expressed optimism about future growth in the region.

Acciona’s Managing Director for infrastructure in Southeast Asia, Ruben Camba, commended the Philippine government’s efforts to enhance infrastructure programs through collaboration with multilateral banks and legislative improvements such as the revised BOT law and the launch of the PPP Code. He acknowledged that while challenges remain, there is a strong belief in the Philippines as a key market for infrastructure development. Both executives stressed on the importance of strategic partnerships with local entities and government agencies for the success of their initiatives.

(Source: Phil Star)

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