SUBSCRIBERS

China takes island-building skills to Duterte's backyard

Chinese investors to spend US$200m to raise three islands to create new port

Published Wed, Dec 21, 2016 · 09:50 PM

Manila

AMONG the first to gain from Philippine President Rodrigo Duterte's China pivot could be the people who live on rickety wooden stilt-houses in a waterlogged area of his hometown of Davao City.

Chinese investors are set to spend US$200 million to raise three islands from the sea to create a new port. Residents in the area known as Isla Verde aren't worried that one of the companies is CCCC Dredging Group Co, which helped turn a handful of rocks and reefs in the South China Sea into a chain of Chinese maritime outposts that threaten Philippine territorial claims.

"I don't care who builds the islands on the sea," said Eddie Piling, 43, whose makeshift house with no plumbing may have to be demolished to mak…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here