ocr: Spending on transport intrastructure has fallen by over 40% since 1984. As al result, many main roads are - in need ofrepair. Traffic jams in Manila are a growing problem and are holding back economic growth. Air transport is the only means of getting around the islands quickly. In 1992, - the state airline, Philippines Airlines, was privatized. - - Itis planning to buy $1.2 billion-worth ofnew aircraft and to addto its regional route network. Subic Bay, the USA's largest oveiseas base untill 1992, when the US navy decidedto leave, has a prime strategiclocation, which the goverment is now expl ...
