MANILA -Philippine economic managers are drumming up the call for private-sector investors to do business in the country, touting the Marcos administration's intention to address underinvestment in infrastructure as well as a pipeline of 194 flagship projects that cost a total of $165 billion. 'Infrastructure spending is front and center of our growth strategy,' Finance Secretary Benjamin Diokno said at an economic briefing held in Washington DC. 'We are committed to reverse the decades-long underinvestment in infrastructure,' Diokno said, noting that government spending on infrastructure averaged from 2001 to 2015 at only 2 percent of gross domestic product (GDP).

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