Home » News » News Roundup » New Roundup » Regional » Chinese firms inspect potential infra sites

Chinese firms inspect potential infra sites

DAVAO CITY – A 29-man team from various state-owned Chinese corporations explored what possible infrastructure projects they can fund during their two-day exploratory mission in the city.

National Economic Development Authority (NEDA) 11 director Maria Lourdes Lim said the mission, which was headed by the China’s Ministry of Commerce, concluded Friday.

Although no firm commitments made yet, she said the Chinese are interested, among others, to develop the expressway, airport, seaport, and light rail transit (LRT) development.

During the visit Vice Minister Fu and Chinese Vice Premier Wang Yang in the city last March, the Philippines and China signed a six-year development program for trade and economic cooperation. (Antonio L. Colina IV)

comments