How does the lack of storage space in Luzon affect the overall infrastructure and economy of the region?
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The lack of storage space in Luzon can have significant repercussions on the region's infrastructure and economy. Natural disasters, such as transportation disruptions, can lead to increased damages in various sectors, particularly affecting manufacturing, agriculture, and private services . Additionally, the Philippines has faced economic challenges due to heavy indebtedness, which has crowded out spending for public infrastructure and basic services, contributing to economic decrepitude . Furthermore, the COVID-19 pandemic has necessitated an enhanced community quarantine in Luzon, impacting the economy and potentially leading to substantial losses, especially in the transport, storage, and communication sector . Addressing the lack of storage space is crucial to mitigate these adverse effects and ensure the resilience of Luzon's infrastructure and economy.
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