Construction value from approved building permits Philippines 2018, by region

The overall value of constructions within the National Capital Region of the Philippines was almost 164 billion Philippine pesos in 2018. As of February 17, 2020, there were about 22 infrastructure projects of the government that was on the stage of ongoing implementation, construction commencing in six to eight months, and on the advance stages of approval within the region.

Value of constructions from approved building permits in the Philippines in 2018, by region

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Source

Release date

October 2019

Region

Philippines

Survey time period

2018

Supplementary notes

One Philippine peso equals 0.02 U.S dollars and 0.018 euros as of April 2020.
Figures have been rounded.

Data were based on approved building permits for new constructions and additions, alterations and repairs of existing residential and non-residential buildings, and other structures which are proposed to be constructed in the different cities/municipalities of the country.

The values were the sum of the costs of building, electrical, mechanical, plumbing, and others. The value was derived from the approved building permit and represented the estimated value of the building or structure when completed.

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