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Friday, April 26, 2024

Neda lists projects for China funding

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The National Economic and Development Authority said Wednesday it will submit a list of possible projects that can be supported by the Chinese government or companies before the end of the year.

Neda deputy director-general Rolando Tungpalan told reporters at the sidelines of the Global Investment Forum that the Investment Coordination Committee would soon come out with an indicative list of projects for the appraisal of the Chinese government. 

“We will be submitting in two weeks time or a week time an indicative list of projects for which we would like to work with China including those that are requiring feasibility studies or capital assistance, even public-private partnership project,” Tungpalan said. 

Tungpalan said the list would be approved first by the chairs of the Neda-ICC including Finance Secretary Carlos Dominguez III and Socioeconomic Planning secretary Ernesto Pernia. 

He said once the list was submitted to the Chinese government, the Neda-ICC counterpart in China would evaluate the projects and make their choice.

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