PHL, Chinese officials to tackle ‘BBB’ projects in Beijing

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A series of meetings between Philippine and Chinese Officials are scheduled this week in Beijing to continue coordination with the Chinese government regarding the Duterte administration’s infrastructure flagship projects under the “Build, Build, Build” program, the Department of Finance (DOF) said.

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 delegation is also set to meet with Chinese Vice President Wang Qishan.

Other members of the Philippine delegation are scheduled to meet separately with officials of the Export-Import Bank of China (EximBank) and the China International Development Cooperation Agency (CIDCA), the office 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. A previous PEB was held in Shanghai in September 2017.

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