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In November 2017, President Duterte signed an agreement with then-Japanese Prime Minister Shinzo Abe to build an underground subway across NCR, with financing from Japan International Cooperation Agency's (JICA) Official Development Assistance loan. A consortium between Japanese and Philippine companies won the bid to design and build the first three of 15 planned stations. The subway project will be 36 kilometers long and will connect the northern part of Manila in Bulacan to the Cavite area south of the Metro. The subway's route will run through seven local governments and three business districts, and will eventually be connected to the existing aboveground railways (i.e., the Philippine National Railway, the Light Railway Transit System via the Common Station). 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Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). 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DTTL and each of its member firms, and their related entities, are legally separate and independent entities.\n\n© 2021 Navarro Amper & Co.", "attrs": null, "canon": { "kind": { "name": "Disclaimer", "slug": "disclaimer", "status": "active", "canonId": "91173477-d91f-4024-bbaf-d4f93e3f82dc", "version": 1, "description": "Legal/cautionary text that occupies most of the body of its slide." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 19:34:39.562+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "2f25bf0b-b308-4af6-b874-38a71f5c2c05", "parentComponentId": null }, { "bbox": { "h": 0.045, "w": 0.185, "x": 0.083, "y": 0.425 }, "kind": "image", "text": "Deloitte", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 19:34:39.562+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "b90bc61d-af27-4f27-a35e-67eb3890b6f0", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "locked": true } ], "arcBeats": [ { "from": 4, "to": 5, "label": "Situation & Context", "description": "'Philippines at a glance' macro snapshot then '02 Economic overview' divider" }, { "from": 6, "to": 11, "label": "Problem & Complication", "description": "COVID GDP collapse, vaccination question, headwinds vs tailwinds" }, { "from": 12, "to": 38, "label": "Solution & Approach", "description": "Legislative response (Bayanihan, CREATE) and sector recovery deep-dives" }, { "from": 39, "to": 51, "label": "Evidence & Proof", "description": "M&A volumes, FDI inflows, PPP project pipeline as proof of activity" }, { "from": 52, "to": 66, "label": "Impact & Next Steps", "description": "CREATE tax incentives, immigration steps, Deloitte service contacts" } ], "loops": [ { "from": 4, "to": 5, "label": "Zoom In", "description": "Zoom from country snapshot into economic-overview chapter" }, { "from": 6, "to": 10, "label": "Aha Moment", "description": "Show COVID shock then evidence-backed recovery outlook" }, { "from": 11, "to": 11, "label": "Tale Two Worlds", "description": "Contrast tailwinds vs headwinds for outlook" }, { "from": 12, "to": 16, "label": "Mece Breakdown", "description": "Catalogue legislative & trade updates as discrete items" }, { "from": 17, "to": 19, "label": "Benchmark Gap", "description": "Benchmark Philippines on ESG and gender vs global rankings" }, { "from": 20, "to": 23, "label": "Zoom In", "description": "Zoom from BBB program into Metro Manila Subway case study" }, { "from": 24, "to": 38, "label": "Segmentation Split", "description": "Walk sector by sector to show differentiated opportunity" }, { "from": 39, "to": 43, "label": "Zoom In", "description": "Zoom from M&A market totals into deal-level and PCC regulation" }, { "from": 44, "to": 47, "label": "Benchmark Gap", "description": "Position Philippine FDI vs region and clarify access rules" }, { "from": 48, "to": 51, "label": "Build Up", "description": "Build the PPP picture from totals to project-types" }, { "from": 52, "to": 57, "label": "Benchmark Gap", "description": "Show CIT competitiveness vs ASEAN then unpack CREATE incentives" }, { "from": 58, "to": 60, "label": "Mece Breakdown", "description": "Catalogue immigration agencies and visa categories" } ] }