PCA marks 75 years but industry shrinks 10% in 2020
Published December 26, 2020, 7:00 AM From the country’s fastest- growing industry, averaging 10 per cent growth per annum in the past five years, the construction sector contracted by 10 per cent in the outbreak of the COVID-19 pandemic. Incidentally, the pandemic year 2020 happens to be the 75th year anniversary of the Philippine Constructors Association (PCA), formed to rebuild the City of Manila in the wake of World War II. In November 29, 1945, nine industrialists led by A. G. Ner lobbied for local contractors to reconstruct Manila, the second most devastated city during World War II, n...
Source: mb.com.ph