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Marcos meets with officials from Chinese state-owned construction firm

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Pia Gutierrez, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="President Ferdinand Marcos Jr. meets with officials of China Communications Construction Co. Ltd., a construction firm owned by the Chinese government, in Malacañang Palace on Jan. 30, 2023. Presidential Communications Office handout" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/news/01/30/20230130-bbm.jpg"/><figcaption>President Ferdinand Marcos Jr. meets with officials of China Communications Construction Co. Ltd., a construction firm owned by the Chinese government, in Malacañang Palace on Jan. 30, 2023. <em>Presidential Communications Office handout</em></figcaption></figure></div><p>MANILA — President Ferdinand Marcos Jr on Monday received in Malacañang officials of Chinese government-owned construction firm China Communications Construction Co. Ltd. (CCCC)</p><p>Pictures posted by the Presidential Communications Office showed Marcos meeting with the firm’s officials led by its chairperson, Wang Tongzhou. </p><p>“Naging pagkakataon ang pagbisita ng CCCC para pag-usapan ang mga proyektong pang-imprastraktura sa bansa at paglalatag ng mga plano sa iba pang proyektong pang-agrikultura,” the PCO said in a statement.</p><p>“Ang CCCC ay nakabase sa Beijing, China na nasa ilalim ng pangangasiwa ng State-owned Assets Supervision and Administration Commission of the State Council (SASAC) ng pamahalaan ng People&#x27;s Republic of China.”</p><p>During the meeting, CCCC officials proposed to build a 270-kilometer highway project connecting Laoag City and Rosario, Batangas, as well as the introduction of China’s Juncao technology—a hybrid of the Giant Napier Grass—to the Philippines.</p><p>Once approved, the Juncao project would be funded through Chinese foreign aid, Malacañang said in a statement.</p><p>CCCC officials also updated Marcos on its other ongoing infrastructure projects in the country, including the Samal Island-Davao City Connector (SIDC) Project and North &amp; South Harbor Bridge, among others.</p><p>Marcos, for his part, said that his administration&#x27;s economic policy is the establishment, endorsement, and promotion of private-public partnerships, in which the CCCC could also participate in.</p><p>“It can be of any nature – commercial venture or joint venture with a local partner. Of course, the PPP, where you have partnership with government, even G2G—government-to-government arrangements—are also something that we have been doing for a long time and again that we wish to further,” Marcos also said.</p><p>The Chinese state-owned CCCC mainly engages in transportation infrastructure projects such as roads, bridges and railways.</p><p>It has more than 60 wholly owned subsidiaries and has operated in more than 150 countries and regions, Malacañang said.</p><p>In August 2020, the United States <a href="https://news.abs-cbn.com/overseas/08/26/20/us-blacklists-chinese-companies-individuals-for-south-china-sea-work" target="_blank">blacklisted</a> CCCC and 23 other Chinese companies and associated officials for taking part in building artificial islands in disputed waters in the South China Sea. </p><p>Senator Risa Hontiveros called on the government of then-President Rodrigo Duterte to scrap its deals with the <a href="https://news.abs-cbn.com/news/08/31/20/govt-urged-to-scrap-deals-with-chinese-firms-tagged-in-south-china-sea-island-building" target="_blank">blacklisted</a> firms, but the government said the sanctioned Chinese firms can <a href="https://news.abs-cbn.com/business/09/01/20/banned-chinese-firms-in-us-can-continue-doing-business-in-ph-palace" target="_blank">continue doing business</a> in the Philippines, </p><div><strong>FROM THE ARCHIVES: </strong></div><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/It07__qgDGc?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

President Ferdinand Marcos Jr on Monday met with officials of Chinese government-owned construction firm China Communications Construction Co. Ltd.

Marcos meets with officials from Chinese state-owned construction firm

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Marcos meets with officials from Chinese state-owned construction firm

Pia Gutierrez,

ABS-CBN News

Published Jan 30, 2023 09:09 PM PHT

Read More:

Ferdinand Marcos Jr.

Malacañang

China

infrastructure

CCCC

US blacklist

South China Sea

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