Government agencies are now conducting due diligence on Chinese companies looking to participate in Philippine infrastructure projects, a Cabinet official said.

A list of recommended contractors for the P18.7-billion New Centennial Water Source-Kaliwa Dam Project in Quezon and the P2.7-billion Chico River Pump Irrigation Project in Cagayan and Kalinga was submitted by China’s Ministry of Commerce last September 6, Finance Secretary Carlos Dominguez 3rd told reporters.

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