Philippine Secretary: Chinese Investors and Philippine

philippine secretary: In a keynote speech delivered on Wednesday at the Philippine Economic Briefing, Carlos G. Dominguez, the Philippine Secretary of Finance, who heads the delegation, called on Chinese investors to examine the opportunities for investment in the Philippines, according to Global Times China. The administration of Philippine President Rodrigo Duterte kicked off the ambitious Build, Build, Build infrastructure program in 2018 with the purpose of modernizing the country's roads, railways, ports and airports over the medium term. Photo Yu Jincui/CT A delegation of senior Philippine officials from key departments including finance, infrastructure and energy is in Beijing, in a bid to deepen cooperation with China and attract more Chinese investors. China is expected to play an important role in helping the country realize the program. The Philippine side is hopeful that an agreement on developing a 500-hectare industrial park will be signed with the group in the second half of this year. Vivencio B. Dizon, chairman of the Subic-Clark Alliance for Development, told reporters that several Chinese companies are involved in the development of the new Clark City, one of the big-ticket projects under the Build, Build, Build program, among which the biggest is China Gezhouba Group. (news.financializer.com). As reported in the news.

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