Spanish infrastructure and energy conglomerate Acciona is setting its sights on at least $12 billion worth of projects in the Philippines to add to its around $2 billion worth of awarded contracts so far.

Acciona regional director for the Philippines and Southeast Asia Ruben Camba told The STAR in an interview that the company has identified a pipeline of water, construction, and concession projects in the region worth around $25 billion, which the company is interested in.

He said 50 percent of the $25 billion projects are coming from the Philippines.