PH, Chinese Officials to Meet This Week to Discuss BBB Projects

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Philippine economic managers are scheduled to fly to Beijing this week in the hopes to secure more infrastructure deals with China, said the Department of Finance.

“The Philippine Delegation to Beijing led by Executive Secretary Salvador Medialdea will meet with top officials of China’s Ministry of Commerce (MOFCOM)  on Tuesday (March 19) to firm up possible new agreements on infrastructure cooperation between the two countries,” the DOF said.

The Philippine delegation is also set to meet with Chinese Vice President Wang Qishan. On the other hand, other members of the said delegation will meet separately with officials of the Export-Import Bank of China (EximBank), and the China International Development Cooperation Agency (CIDCA), the officer in charge of reviewing and implementing Beijing’s foreign aid projects.

“On March 20, a Philippine Economic Briefing (PEB) will be held in Beijing to showcase to potential investors the vast opportunities available to them in the Philippines as it emerges as an economic powerhouse in the region,” said the DOF.

Source: GMA News

Read our previous real estate news to keep up with the latest on the Philippine property sector.


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