Colombo Port City: Gains to state coffers island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
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Months into his presidency in 2016, President Rodrigo Duterte announced a foreign policy pivot to Beijing, as he shored up to $24 billion (P1.2 trillion) in funding pledges from China.
The initial list consisted of 26 big-ticket projects and was supposedly a display of greater confidence in the bilateral relations between Manila and Beijing.
This included: 1.) the Subic-Clark railway project by the Bases Conversion and Development Authority (BCDA) and China Harbour Engineering Co., 2.) the Bonifacio Global City-Ninoy Aquino International Airport Segment of the Metro Manila Bus Rapid Transit-EDSA project by the BCDA and China Road and Bridge Corp., 3.) Safe and smart city projects for the BCDA by the BCDA and Huawei Technologies, and, 4.) Transportation and logistics infrastructure at Sangley Point by Cavitex Holdings, International Container Terminal Services, Inc., and China Harbour Engineering, among others, most of which have n
FG says Lekki deep seaport will change Maritime economy
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The Federal government says the Lekki Deep Seaport will be a significant game-changer in Nigeria’s Maritime economy with corresponding benefits to the West and Central sub-regions of Africa.
The Permanent Secretary, Ministry of Transport, Dr Magdalene Ajani disclosed this in a statement by Anastasia Ogbonna, Assistant Director Press and Public Relations of the Ministry, in Abuja.
Ajani made this known when she led a Ministerial Team on a quartely inspection of progress of work on the Lekki Deep Sea Port in Lagos.
According to her, the Port is designed to be the deepest port in West Africa.
Why Indiaâs complete economic disengagement from China is unrealistic
Why Indiaâs complete economic disengagement from China is unrealistic
If India hopes to implement infra projects in the neighbourhood to restrain China, it will have to create management groups to support diplomats on the ground.
Madhu Bhalla 27 April, 2021 1:19 pm IST Text Size:
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The near collapse of frameworks for strategic relations with China and the newly protectionist impulse of the âMake in Indiaâ initiative has placed new demands on New Delhiâs economic diplomacy with Beijing. While India has for some time been wary of Chinese economic influence and practices, the recent military stand-off in the Ladakh sector of the border has resulted in swift policy decisions and sharp rhetoric on the feasibility of the current state of Chinese presence in the Indian economy. This is evident in Indiaâs refusal to join the China-dominated Regional
China scaling back lending to Latin America seafoodsource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seafoodsource.com Daily Mail and Mail on Sunday newspapers.