Advancing Philippine Competitiveness (COMPETE) Project

Project Dates: January 2013 - December 2017

Advancing Philippine Competitiveness (COMPETE) Project

PROJECT OBJECTIVE

USAID's COMPETE project aimed to improve the competitiveness of key industries in the Philippines, including the energy sector. It supported the implementation of smart grid technologies, such as advanced metering infrastructure (AMI) and distribution automation systems, to enhance the efficiency and reliability of the country's power grid.

For power, the project facilitated aggregate power supply agreements for electric cooperatives in Central Luzon, Ilocos and the Cordilleras. The $3.3 B worth of investments will provide an additional 1,650 MW capacity and yield 30% cost reductions.

PROJECT DESCRIPTION

The Advancing Philippine Competitiveness (COMPETE) Project aims to assist the Philippines improve its competitiveness to attain higher levels of trade and investment. To this end, the project provides technical assistance to enhance the regime for infrastructure provision, improve productivity in key industries, and increase access to credit.

COMPETE is a USAID/Philippines project under the Partnership for Growth (PFG), a bilateral initiative through which the U.S. Government and the Government of the Philippines work together to improve economic growth and development in the Philippines. The five-year, $22.39 million project seeks to increase domestic and foreign investment levels, creating more employment opportunities and infrastructure.