Business leaders call for stable policies to drive economic growth in 2025

Business leaders at the Pilipinas Conference 2024 stressed the importance of stable policies for economic growth in 2025. Ayala Corporation Chairman Jaime Augusto Zobel de Ayala emphasized the need to uphold contracts and maintain long-term policy stability to attract investments. Prime Infra CEO Guillaume Lucci noted that the main challenge lies in local policy implementation, rather than national policies. He highlighted a disconnect between national strategies and local execution as a significant bottleneck in infrastructure development. Acciona Infrastructure CEO Jose Diaz-Caneja called for a long-term vision in infrastructure planning, beyond electoral cycles. He and other leaders underscored the necessity of collaboration between the government and private sector to foster economic resilience and support clean energy initiatives.