The Chinese government is looking forward to the submission of the second basket of projects being lined up by Philippines for possible funding by China.
Philippine officials met last weekend with a visiting Chinese delegation headed by China Commerce Minister Zhong Shan to review the progress of the actions of their respective governments on the first batch of infrastructure projects.
The officials also discussedl the second batch of projects that the Philippines plans to implement also in cooperation with China.
The first batch, consists of, among others, the Chico River Pump Irrigation Project in Cagayan and Kalinga provinces and the New Centennial Water Source-Kaliwa Dam Project.
Members of the Philippine delegation were Secretaries Carlos Dominguez III of the Department of Finance; Ernesto Pernia of the National Economic and Development Authority; Mark Villar of the Department of Public Works and Highways; Benjamin Diokno of the Department of Budget and Management and Arthur Tugade of the Department of Transportation; and Vivencio Dizon, President of the Bases Conversion and Development Authority.
In step with the two countries’ shared goal of fast-tracking the implementation of infrastructure projects, Dominguez and Zhong acknowledged the efforts of the two sides to streamline government processes to speed up the preparations for, and implementation of, the first basket of infrastructure projects presented for Chinese financing.
Dominguez said potential bidders have been identified for the Chico Irrigation and Kaliwa Dam projects.
The two sides also cited the progress on the two bridge projects funded by Chinese grants—the Binondo-Intramuros bridge and the Estrella-Pantaleon bridge—that were designed to help ease traffic congestion in Metro Manila.
Underscoring their importance, Dominguez said the two bridge projects “signify the crossing of two friends getting together.”
Zhong likewise said the two bridges “are of very important significance as “these have direct impact on the day-to-day” lives of Metro Manila residents.
Villar said at the meeting that his office and other concerned agencies are undertaking the necessary preparations to meet the target of holding the groundbreaking rites for the two bridge projects by November, in time for the visit to Manila of Chinese Premier Li Keqiang to attend the 20th Asean-China Summit.
In the meeting, Zhong also reaffirmed China’s commitment to assist the Philippines in rehabilitating conflict-torn Marawi city and the quake-hit province of Surigao del Norte.
China earlier sent $1 million in cash aid for Surigao’s quake victims and will soon turn over an additional 20-million renminbi ($3 million) donation of heavy equipment/machineries to help Marawi’s reconstruction efforts.
“China would like to support the Philippines in this post-conflict reconstruction process of Marawi,” Zhong said.
Philippine officials met last weekend with a visiting Chinese delegation headed by China Commerce Minister Zhong Shan to review the progress of the actions of their respective governments on the first batch of infrastructure projects.
The officials also discussedl the second batch of projects that the Philippines plans to implement also in cooperation with China.
The first batch, consists of, among others, the Chico River Pump Irrigation Project in Cagayan and Kalinga provinces and the New Centennial Water Source-Kaliwa Dam Project.
Members of the Philippine delegation were Secretaries Carlos Dominguez III of the Department of Finance; Ernesto Pernia of the National Economic and Development Authority; Mark Villar of the Department of Public Works and Highways; Benjamin Diokno of the Department of Budget and Management and Arthur Tugade of the Department of Transportation; and Vivencio Dizon, President of the Bases Conversion and Development Authority.
In step with the two countries’ shared goal of fast-tracking the implementation of infrastructure projects, Dominguez and Zhong acknowledged the efforts of the two sides to streamline government processes to speed up the preparations for, and implementation of, the first basket of infrastructure projects presented for Chinese financing.
Dominguez said potential bidders have been identified for the Chico Irrigation and Kaliwa Dam projects.
The two sides also cited the progress on the two bridge projects funded by Chinese grants—the Binondo-Intramuros bridge and the Estrella-Pantaleon bridge—that were designed to help ease traffic congestion in Metro Manila.
Underscoring their importance, Dominguez said the two bridge projects “signify the crossing of two friends getting together.”
Zhong likewise said the two bridges “are of very important significance as “these have direct impact on the day-to-day” lives of Metro Manila residents.
Villar said at the meeting that his office and other concerned agencies are undertaking the necessary preparations to meet the target of holding the groundbreaking rites for the two bridge projects by November, in time for the visit to Manila of Chinese Premier Li Keqiang to attend the 20th Asean-China Summit.
In the meeting, Zhong also reaffirmed China’s commitment to assist the Philippines in rehabilitating conflict-torn Marawi city and the quake-hit province of Surigao del Norte.
China earlier sent $1 million in cash aid for Surigao’s quake victims and will soon turn over an additional 20-million renminbi ($3 million) donation of heavy equipment/machineries to help Marawi’s reconstruction efforts.
“China would like to support the Philippines in this post-conflict reconstruction process of Marawi,” Zhong said.
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