US-blacklisted Chinese firm vows ‘more investments’ in Philippines

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US-blacklisted Chinese firm vows ‘more investments’ in Philippines
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Aside from a highway project in Laoag, the China Communications Construction Co. says it wants to bring in Juncao technology.

MANILA, Philippines – China Communications Construction Co. Ltd , a firm blacklisted by the United States in 2020, promised “more investments” in the Philippines through Public-Private Partnerships , the Palace announced on Monday, January 30.

During the meeting, the Palace said, the firm proposed a 270-km Laoag City-Rosario City Highway Project, as well as bringing China’sAccording to the Chinese foreign ministry, Juncao means breeding fungi with herbaceous plants. The technology is touted to “address poverty, soil erosion and desertification.”

The CCCC is behind some major projects in the Philippines, including the Samal Island-Davao City Connector Project and the North & South Harbor Bridge.

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