Philippines needs to think smart to attract private sector to rebuilding


A member of the Philippine Navy lifts a sack containing relief goods before transporting them to the battered town of Tacloban city, central Philippines, that was hit by super typhoon Haiyan two weeks ago, inside the latest warship BRP Ramon Alcaraz docked at a port in Manila November 22, 2013. REUTERS/Romeo Ranoco

MANILA (Reuters) - The Philippines is compiling a typhoon reconstruction plan which needs to win budget support from Congress and attract funds from the private sector and donors with ideas likely to shape President Benigno Aquino's legacy.

Aquino, who was criticised for the slow start to relief efforts for more than four million people displaced by one of the strongest storms ever to make landfall, faces the task of rebuilding at least 1.2 million houses, 600 schools and 500 hospitals and clinics destroyed or damaged by super typhoon Haiyan.

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