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PH, China sign 6 bilateral accords


Docus on infra, Marawi projects among those inked
SIX bilateral documents, including those on two important projects under the Duterte administration’s “Build, Build, Build” infrastructure program, have been signed and exchanged between the Philippines and China, the Department of Finance (DoF) reported on Thursday.

In a statement, the Finance department said that among those signed were the feasibility studies for the Davao City Expressway Project and the Panay-Guimaras-Negros Island Bridge Project, which were conducted by CCCC Highway Consultants Co. Ltd, and funded with a grant from the Chinese government.

Finance Secretary Carlos Dominguez 3rd (right) and Chinese Vice Premier Hu Chunhua shake hands during a high-level meeting with Philippine and Chinese officials at the Bureau of the Treasury in Intramuros, Manila, on Thursday. PHOTO BY DJ DIOSINA

Another was on The Philippine Radio Equipment Project, which involves China’s donation of broadcasting equipment to the Philippine Broadcasting Service (PBS) of the Presidential Communications Operations Office (PCOO).

“The donation includes, among others, live broadcast room equipment, FM broadcast transmitter equipment and medium-wave transmitter equipment,” the DoF said.

The document on the China-Aid Container Testing Equipment was also inked, which covers the donation of four mobile container/vehicle inspection system sets and two CT scan inspection system sets to the Bureau of Customs.

Also signed was the document for the implementation of the Marawi Sports Complex and Central Market projects as part of the reconstruction program for the capital of Lanao del Sur, which was devastated in 2017.

The Finance department said the project, consisting of two components, has a total floor area of about 13,202 square meters.

The 6,504-sqm sports complex, to be built in the northeastern outer suburbs of Marawi, can hold up to 1,000 people, while the 7,148-sqm central market, to be constructed in the eastern suburbs, will include a functional area and equipment rooms.

Also signed was the Protocol on Phytosanitary Requirements for the Export of Avocado from the Philippines to China.

The DoF said this protocol was formulated after the Department of Agriculture’s Bureau of Plant Industry, in coordination with the General Administration of Customs of China, completed the risk assessment and on-site inspection for the Philippine market access of fresh has avocado for export to the East Asian country.

“With China as among the world’s largest consumer markets, this accord is expected to raise incomes and create more jobs in the farm sector,” it added.

The signing and exchange of these documents followed a high-level meeting between Philippine and Chinese officials, also held on Thursday, to discuss the progress of their financing cooperation and development initiatives.

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Today’s Front Page February 25, 2020

Today’s Front Page February 25, 2020