China to finance bridge project in southern Philippines

MANILA, June 14 (Xinhua): The Philippines and China exchanged the agreements on Monday to finance a bridge connecting Davao City and Samal Island in the southern Philippines.

China's Ambassador to the Philippines Huang Xilian said he exchanged the signed framework agreement and loan agreement for the Davao City-Samal Island connector bridge project with Philippine Finance Secretary Carlos Dominguez.

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Philippines , US$350 million , Bridge , China , Assisted

   

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