Common Challenges Construction Companies Now Face in the Philippines

by Wave Construction Construction

The Philippines is facing a large demand for construction services. This huge need is due to the increase in infrastructure projects planned by the government.

Overall, this is quite beneficial for the construction industry, but many problems Here are the most common problems with the construction company’s faces in the Philippines:

The Lack of Labourers

According to the DOLE’s Bureau of Local Employment (BLE) that there is an increase of 3.59 million in 2017 from 3.31 million in 2016 in construction jobs.

This also means there’s a shortage of around 120,000 laborers.

Finding skilled workers can be difficult nowadays. A construction equipment rental service provider in Davao, for instance, has mentioned that they having a hard time looking for more skilled operators and drivers for their heavy machinery.

This shortage has even put a halt on many projects in both private and public sectors.

Rapid Price of Raw Materials

Another challenge is the continuous increase in the prices of raw materials. But this is not happening in the Philippines alone.

This is a huge burden on the side of the contractors because they issue a fixed price for their contracts. When there is a sudden change of prices, their profits also decrease. This is more crucial to companies who supply materials, like concrete block or aluminum composite panel suppliers in the Philippines.

Technology Adaptation

Adapting to new technology makes a lot of things easier, especially in the construction industry. There are new technologies that help reduce risks and improve the pace of the construction.

Construction worker

However, here in the Philippines, most contractors remain in the traditional way because they cannot afford, or do not want to risk their money in new technology unless it has already been widely tried and tested in the local industry for many years.

So even though innovations will be made overseas, majority of Philippine contractors will still be lagging behind.

Conclusion

These problems have already existed even before the sudden rise of construction demands in the country. Hopefully, this will soon catch everyone’s attention and encourage them to venture into the construction business or improve their construction skills in order to meet the nation’s needs.