MANILA — The Duterte administration has assured transparency in implementing China-funded projects in the country to ensure that they will be corruption-free.
“We will strictly follow the procedures set out in the law with regards to procurement, bidding, and we will be very vigilant about possible corruption,” Finance Secretary Carlos Dominguez III said on the sidelines of the 2017 National Conference of the Philippine Extractive Industries Transparency Initiative Thursday.
“As the President (Rodrigo Duterte) assures, there will be no corruption with these projects,” Dominguez said.
He mentioned that the first China-funded project that will be implemented will be the two bridges over Pasig River, which are expected to commence in the next few months.
In a previous interview, Chinese Ambassador to the Philippines Zhao Jianhua said the Chinese government would provide grants amounting to 500 million yuan or about PHP3.6 billion for the two bridges over Pasig River.
These bridges will connect Binondo and Intramuros, and Mandaluyong and Makati.
Aside from these bridges, the Chinese government and the private sector are planning to partner with the Philippines for other infrastructure projects.
“The fact that they have given us, made commitment with us, they firmly believe that the new government will live up to what it says and will live up to the highest standards, honesty, and morality,” the finance chief noted.
President Duterte will be in Beijing to attend the Silk Road summit on May 14-15. Kris Crismundo/PNA-northboundasia.com