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Waskita, CCCC Pen Master Agreement on Development Cooperation


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Ye Chengyin, CRBC s vice president, left; Yun Liang, CCCC International s executive president, second left; Chen Zong, CCCC s vice president, third left; and Kong Qi, CHEC s vice president pose for photograph with Coordinating Minister for Investment and Investment Luhut Binsar Pandjaitan, center, and State-Owned Enterprises Minister Erick Thohir, second right on Sunday. (Photo courtesy of Erick Thohir).
Waskita, CCCC Pen Master Agreement on Development Cooperation
BY :JAKARTA GLOBE
JUNE 07, 2021
Jakarta. State-controlled constructor firm Waskita Karya has signed a master agreement for developing toll roads and other infrastructures across Indonesia with China Communications Construction Company, or CCCC, China s third-largest construction company, to create a launchpad for its post-pandemic growth, Waskita said on Sunday.  ....

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Sangley Airport redevelopment stalled after negotiations collapsed —Gov. Remulla


By TED CORDERO, GMA News
Published January 27, 2021 10:16am
The redevelopment of Sangley Airport into an international gateway faced a setback as negotiations between the provincial government of Cavite and project proponents Lucio Tan-led Macroasia Corp. and China Communications Construction Co. Ltd. (CCCC) collapsed.
In a Facebook post, Cavite Governor Jonvic Remulla said his office approved on Jan. 26 the recommendation of the Cavite Provincial Government Special Selection Committee for “the non-approval of the redevelopment of the former airbase as presented by the applying parties.”
This means that the notice of award given to Macroasia and CCCC for the P208.5-billion contract to develop the Sangley Airport into an international gateway last February 2020 is canceled.  ....

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