Trade Officials Firm Up $3.4-Billion Infrastructure Investments from China

Trade officials convened the Philippines-China Joint Commission on Economic and Trade Cooperation (JCETC) and outlined priority projects to be undertaken in the next six years. Foremost are three infrastructure projects, namely the $53.9-million Chico River pump irrigation project, the $374-million Kaliwa Dam, and the $3-billion south line of the North-South Railway. The projects will be launched within the year, though terms and…

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