Philippines under the leadership of Bingbong Marco Jr is beginning to play with FIRE.
It is beginning to piss China off.
The consequences will be dire.
China's SCS Strategy Thread
- Thread starter lilzz
- Start date
It is beginning to piss China off.
The consequences will be dire.
Show us the money now, the Filipinos are asking Marcos where's the beef that you promise.
Let's see how Japan and the US will finance and deliver such expensive infrastructure project. Japan doesn't have the financial heft to invest and the US will not finance it until there are profit to be made. And this is one of many and the least expensive compare to now cancelled PNR South Long Haul Project and the Mindanao Railway.
MANILA – The loan agreements for three railway projects are now considered “withdrawn” after the Chinese government failed to act on the funding requests by the Duterte administration, an official of the Department of Transportation (DOTr) said Friday.
DOTr Undersecretary for Railways Cesar Chavez said negotiations for the three projects began in 2018 and have been approved by the National Economic and Development Authority (NEDA) to receive official development assistance (ODA) loan from China.
Based on “applicable executive agreements” between the Philippines and China, he said the DOTr had earlier procured and awarded contracts for the engineering, procurement, construction, and commissioning of the Subic-Clark Railway Project; the design-build of the Philippine National Railways (PNR) South Long-Haul Project; and for the project management consultant of the Mindanao Railway Project (MRP).
From the article
A Philippine freight railway project may be built with the support of the U.S. and Japan, an official in charge of it said, as Manila seeks alternative financing deals after dropping funding talks with China.
The 50 billion peso ($868 million) Subic-Clark railway, which will link the former U.S. military bases turned commercial hubs, is being pitched to form part of the Luzon Economic Corridor, a planned showcase of economic cooperation between the U.S., Japan and the Philippines that was hatched during the first trilateral summit among its leaders last week at the White House.
"Hopefully they take it and invest here,” Delfin Lorenzana, who chairs the Bases Conversion and Development Authority, said in a interview on Friday, referring to the U.S. and Japan. The agency oversees the development of former military bases.
9 hours ago — The Philippines said last year that it would no longer pursue Chinese loans to fund three projects, including the 71-kilometer Subic-Clark ...
2 days ago — The Philippines said last year that it would no longer pursue Chinese loans to fund three projects, including the 71-kilometer Subic-Clark ...
Jul 15, 2022 — MANILA – The loan agreements for three railway projects are now considered “withdrawn” after the Chinese government failed to act on the ...
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It's not the government it's the people
This is basically Mission Impossible because you have to first find a Filipino-made ship.
Lol... Obviously China has no ships from the Philippines. The PH can't build ships. That's also the reason why it is choosing foreign ships to sink in its inventory. It's not a show of strength. It's a show of weakness. Using political symbolism to cover a serious lack of industrial and military power. A childish act.
China is a proper industrial and military power. It can just sink one of its own derelict ships like what the US normally does in its own SINKEX.
Didnt Bongbong went to Australia after election day AND before his inauguration as president?
Curious, did nazi's do similar to jews before?
Another ramming and shower for a Philippines' ship. Free of charge
Where did their Colonial G7 masters go? I thought they had full support....
