China firm bags land reclamation contract with Philippines
People's Daily Online
(People's Daily Online) 15:21, October 25, 2016
China Communications Construction Company (CCCC), a State-owned infrastructure group, recently signed a contract with the Philippines' Mega Harbour Port and Development Inc. to conduct a 208-hectare land reclamation project in Davao's harbour. The reclamation is expected to finished by the end of 2019, Beijing Youth Daily reported on Oct. 24.
CCCC Dredging will undertake the project in Davao, which is located on Mindanao Island in the southern part of the country. By moving sediment from the seafloor to a reef, four islands will be built along the 8-kilometer coastline of Davao Bay. The artificial islands will be used for government offices, businesses, residences, ports and industrial land.
Established in March 2015, CCCC Dredging is the largest dredging company in China in terms of capacity and installed power. The company previously carried out a large-scale cooperation with the parent company of Mega Harbour Port and Development Inc., construction company R-II Builders.
Zhou Jingbo, chairman of CCCC Dredging, remarked that the project will elevate cooperation between China and the Philippines' port construction companies to a new height. Zhou expects the project to become a model for future cooperation between the two nations.
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