Agus power
VII that are capable of producing 700 to 800 megawatts.
With regard to the other projects proposed for Chinese funding, Dominguez said the list was not
“What we discussed are the potential projects. We want to put about 6 to 8 projects there. It is still in the discussion stage. It is still very loose. In fact, I don’t remem- one I remember is the Agus River project,” he said.
“[ I] t is very important for us because no matter how much infrastructure you have, if you don’t have power it doesn’t work, right?”
to have declared Beijing’s readiness to work with Manila on a second basket of infrastructure projects.
Commerce Minister Zhong Shang was quoted as saying during the meeting that that he hoped to “reach a consensus on the working level.”
“We hope that continuous prog- ress can be made on our priority projects so that we can reach the consensus of our two Presidents and we can press ahead with our economic cooperation and trade,” Zhong added.
also cited efforts to further streamline and expedite approvals of the
The projects up for fast-tracking are the Binondo-Intramuros and the Estrella-Pantaleon bridges in Metro Manila; the Chico River Pump Irrigation Project in Cagayan and Kalinga provinces and the New Centennial Water SourceKaliwa Dam Project; two drug rehabilitation facilities; the Elevated Expressway in Davao City; and the construction of an industrial park.
Also included are the PanayGuimaras-Negros Island bridges; re City, for which China has already provided a 20-million renminbi ($3 million) donation in kind; provisions under an enforcement and security cooperation agreement between the two countries; and construction of an agriculture technical center in the Philippines.