Seapac Philippines
How Seapac has been pushing boundaries in the Filipino building sector since Chairman James Chant set up shop in 1998 Writer: Tom WadlowProject Manager: Tom CullumBusinesses are buoyant in the Philippines. Between 2010 and 2017 the country’s economy sustained an average annual growth of 6.4 percent, markedly up on the 4.5 percent seen in the preceding nine years and placing it among East Asia’s top three performers. From business process outsourcing to finance and insurance, many service industries are thriving thanks to strong consumer demand, a vibrant labour market and robust remittances. Such has been the Philippines’ rapid rate of economic development; the World Bank estimates it will transition from a lower-middle income nation to an upper-middle income country in the medium term. This is also helped by the fact that President Duterte is spearheading a massive nationwide infrastructure investment programme, something which companies such as Seapac Philippines are poised to take advantage of and add value to. “The average age in the Philippines is 23,” comments the Company’s Founder and Chairman James Chant. “This means, statistically, we can sustain a six percent-plus growth for up to 20 years due to the emerging middle-class market.”Construction out of a crisis Seapac Philippines Inc is a specialist in the design, supply and installation of aluminium and glass facades, window walls, doors and windows for both residential and commercial projects. Now situated in the heart of an economy that is thriving, the origins of the Company trace back to a time of far more troubled waters. “I came up to the Philippines in 1992 to do a job…
Seapac Philippines
How Seapac has been pushing boundaries in the Filipino building sector since Chairman James Chant set up shop in 1998 Writer: Tom WadlowProject Manager: Tom CullumBusinesses are buoyant in the Philippines. Between 2010 and 2017 the country’s economy sustained an average annual growth of 6.4 percent, markedly up on the 4.5 percent seen in the preceding nine years and placing it among East Asia’s top three performers. From business process outsourcing to finance and insurance, many service industries are thriving thanks to strong consumer demand, a vibrant labour market and robust remittances. Such has been the Philippines’ rapid rate of economic development; the World Bank estimates it will transition from a lower-middle income nation to an upper-middle income country in the medium term. This is also helped by the fact that President Duterte is spearheading a massive nationwide infrastructure investment programme, something which companies such as Seapac Philippines are poised to take advantage of and add value to. “The average age in the Philippines is 23,” comments the Company’s Founder and Chairman James Chant. “This means, statistically, we can sustain a six percent-plus growth for up to 20 years due to the emerging middle-class market.”Construction out of a crisis Seapac Philippines Inc is a specialist in the design, supply and installation of aluminium and glass facades, window walls, doors and windows for both residential and commercial projects. Now situated in the heart of an economy that is thriving, the origins of the Company trace back to a time of far more troubled waters. “I came up to the Philippines in 1992 to do a job…
