Government to Streamline Approval Process for Chinese-Funded Infrastructure Projects

Finance officials told Chinese commerce representatives that the government has streamlined the approval process for big-ticket infrastructure projects to be funded by China in order to speed up their implementation. The first projects to be financed by China include the P10.9-billion New Centennial Water Source-Kaliwa Dam Project and the P2.7-billion Chico River Pump Irrigation Project. Finance Secretary Carlos Dominguez…

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