Philippine province cancels award for China Communications' US$10 billion airport project
Philippine announced the cancellation award of a US$10 billion airport deal south of the capital to Chinese firm. It was the biggest projects involving a Chinese firm, China Communications Construction Co (CCCC), under President Rodrigo Duterte who has pursued warmer ties with Beijing since taking office in 2016.
However, the Cavite government would start new negotiations for a private sector partner to pursue the airport project.
CCCC was among the Chinese firms blacklisted by the United States in August for their roles in constructing and militarising artificial South China Sea islands.
Source: Channel New Asia #Jan27
https://www.channelnewsasia.com/news/asia/philippine-province-cancels-award-china-communications-airport-14050516
#Philippine #China #CCC #USblacklistChineseFirm
Philippine announced the cancellation award of a US$10 billion airport deal south of the capital to Chinese firm. It was the biggest projects involving a Chinese firm, China Communications Construction Co (CCCC), under President Rodrigo Duterte who has pursued warmer ties with Beijing since taking office in 2016.
However, the Cavite government would start new negotiations for a private sector partner to pursue the airport project.
CCCC was among the Chinese firms blacklisted by the United States in August for their roles in constructing and militarising artificial South China Sea islands.
Source: Channel New Asia #Jan27
https://www.channelnewsasia.com/news/asia/philippine-province-cancels-award-china-communications-airport-14050516
#Philippine #China #CCC #USblacklistChineseFirm