More joint...

The group operates and manages ports, large-scale, specialized and modern terminals with the supporting inter-model logistics system, is growing as an integrated and comprehensive port group along the Beibu Gulf.

Another agreement signed is the hydropower station contracting project between China Energy Engineering Group Guangxi Hydroelectric Construction Bureau Co., Ltd., represented by its general manager Shen Jian. The Filipino partner is the Philippine Coheco Badeo Hydro Power Co., Ltd. represented by chairman Larry Kim.

The project is located in Kibungan City, Benguet of the Philippines and has a total investment of $550 million.

A framework agreement of strategic cooperation on tourism was forged by state-owned enterprise Guangxi Tourism Development Group represented by Pang Wenda and the group of Ruben C. Tiu, chairman of JTKC Group of Companies of Philippines, and Discovery World Company.

The two parties shall share resources and play the advantage of each country to organize a number of prime tourism lines targeted at the tourists. The two parties shall strengthen the business cooperation of travel agencies by organizing the tourists of one country to travel and take vacation in the other country. In the meantime, the two parties shall take the opportunity of China’s development strategy “the Belt and Road Initiatives” to earn the support on government policies of both countries, so as to promote cooperation in various aspects like tourism infrastructure, tourism industry investment and development.