After all those press releases, the Duterte administration’s Build Build Build program has failed to take off in the last three years. Why is this failure happening administration after administration? It isn’t because we are unable to dream big. The economic team was all systems go on BBB. Ben Diokno, in particular, appeared sincere as he tried to convince me they would be able to deliver a long list of projects under BBB. Well, it’s not happening in the scale promised. Only nine of 75 BBB projects have broken ground. We are big in bluster, but poor in execution. Is the problem with our system, or is it inherent to our culture as a people? Our problems with BBB and other big projects go beyond an incompetent bureaucracy. Even our so-called industrialists prefer sure things like the property sector or rent seeking in near monopolies like telecoms with a regulator they can easily capture. Could it be that we are afraid of challenges posed by big projects with a strong … [Read more...] about Aren’t we up to challenges?