Cement industry sees prospects improving with signing of budget

CEMENT manufacturers said the timely signing of the budget is clearing up some uncertainty over infrastructure spending in 2026, after many projects underwent stricter review following last year's corruption scandal.

- By Justine Irish D. Tabile

Cement Manufacturers Association of the Philippines, Inc. (CEMAP) President John Reinier H. Dizon told reporters.: "We are cautiously optimistic."

"It is a good sign that the national budget was approved, I think that is important. And I understand that the Philippine Contractors Accreditation Board (PCAB) is in place; that is crucial for public infrastructure," he added.