At least 10 loan agreements for infrastructure projects will be signed when Chinese President Xi Jinping visits the Philippines in November, Budget Secretary Benjamin E. Diokno said. The Philippine and Chinese sides are fast-tracking the financing for the big-ticket infrastructure projects but Diokno told reporters at the sidelines of a press briefing on Wednesday that theDuterte administration was "very careful" in evaluating these projects. "First of all, there's a feasibility study, either funded by the Asian Development Bank or the World Bank. After that, the implementing agencies will iron them out and then submit to the National Economic and Development Authority. In Neda, th...
Keep on reading: PH, China to sign 10 infrastructure loan agreements in November — Diokno
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