25
Jan
11:17
Panhua starts Philippine steel project construction
The Philippines-based steelworks project led by China's Panhua Group has already started construction, Chinese Ambassador to the Philippines Huang Xilian revealed in an interview with Philippine media.
The investment in the first phase of the project is $3.5 billion, which is expected to bring about 10,000 direct employment opportunities and 20,000 indirect employment opportunities to the local area, Kallanish notes.
In September 2019, Panhua signed a me…
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