PHILIPPINES-CHINA BUSINESS AGREEMENTS
Belt & Road International Cooperation Summit (BRF 2019)
No. Title
Contract Agreement:
1 CEO, Pulangi Hydro Power
Proposed South Pulangi Hydroelectric Powerplant Project Corpporation
Memorandum of Understanding:
2 Estates Development Co., Ltd.;
Proposed CEZA Asparas Yacht Club in the Cagayan
Special Economic Zone and Freeport
Memorandum of Understanding:
3
Proposed Green Textile Industry Park in the Cagayan
Special Economic Zone and Freeport
Estimated Investment Value: USD 12.165 billion
Projected Employment: 21,165
Signatories
Philippines
Mr. Josue Lapitan, President &
Secretary Raul L. Lambino,
Administrator and Chief
Executive Officer, Cagayan
Economic Zone Authority
Secretary Raul L. Lambino,
Administrator and Chief
Executive Officer, Cagayan
Economic Zone Authority
Brief Project Description
China
The 250MW South Pulangi Hydroelectric Power Plant Project is
located in the municipality of Damulog in the province of
Mr. Dong Bin, Chairman, China Bukidnon. The project, which will be developed by PHPC and
Energy Co., Ltd. Energy China, will address the urgently needed infrastructure to
improve power supply reliability and resilience in the country,
particularly in Mindanao.
Development, Construction, Operation and Management which
includes the preparation of the proposed masterplan,
architectural concept and engineering design of the CEZA
Apsaras Yacht Club that will have the following facilities:
Mr. Jian Li, Chief Executive
- 120 to 150 berth or docking stations for boats
Officer, Shenzhen Dawah Real
- Clubhouse, Restaurants and Bar (for exclusive use)
- World Class Apsaras Hotel
President and Chief Executive
- Watersports Training Center (sailing, yachting, diving, etc.)
Officer, Apsaras Group Limited
- Commercial Complex with office buildings
- Viillas and Condominium
- Marine Culture/Heritage Exhibit Hall
- Watersport Equipment and Accessories Retail Shop
- Organizing of international and regional sailing competitions
Development, Construction, Operation and Management which
includes the preparation of the proposed masterplan,
architectural concept and engineering design of the 2,000
hectare Green Textile Industry Park that will have the following
facilities:
Mr. Cai Shaoxiong, Chairman,
China Zhejiang Guannan Group - Textile Manufacturing Plant
- Sludge Incineration Eco-Friendly Thermal Power Plant
- Waterworks System
- Sewage Treatment Plant
- Road Network
- Commercial Complex with office buildings
 Signatories
No. Title Brief Project Description
Philippines China
Memorandum of Understanding: Secretary Raul L. Lambino, Mr. Lei Tak Kin, President and
Development and expansion which includes the proposed
Administrator and Chief Chief Executive Officer, Pai Hao
4 masterplan, proposed architectural concept and engineering
Proposed Expansion of the Lallo Airport/Cagayan North Executive Officer, Cagayan Investment & Immigration
design for the Cagayan North International Airport
International Airport (CNIA) Economic Zone Authority Consultant, Ltd.
Memorandum of Understanding:
Establishment of an integrated resort with theme parks and
Proposed integrated resort with theme parks and Secretary Raul L. Lambino, Mr. Xue Chenbiao, Chairman, amenities that would approximate major tourist attractions of the
amenities, a manufacturing plant for lithium batteries, the Administrator and Chief Shanghai Jucheng Supply world, a manufacturing plant for lithium batteries, the operations
5
operations of duty-free supermarket for imported and local Executive Officer, Cagayan Chain Management (Group) of duty-free supermarket for imported and local merchandise,
merchandise, Township Development with support Economic Zone Authority Co., Ltd. Township Development with support infrastructure and utilities,
infrastructure and utilities, and the establishment of a and the establishment of a financial technology solutions center.
financial technology solutions center
Memorandum of Understanding:
Secretary Raul L. Lambino, Establishment of a fintech hub and financial center with
Mr. Ou Xinfeng, Chairman,
Establishment of a fintech hub and financial center with Administrator and Chief entertainment facilities, dormitories, supermarket, restaurants
6 Golden Millenial Quickpay Inc.,
entertainment facilities, dormitories, supermarket, Executive Officer, Cagayan and coffee shops and the development of an integrated resort
Ltd.
retaurants and coffeshops and the development of an Economic Zone Authority and boutique hotel
integrated resort and boutique hotel
Secretary Raul L. Lambino, Establishment of a smart city - a combination of an integrated
Memorandum of Understanding: Mr. Lu Jiangyong, Authorized
Administrator and Chief tourism resort, science and technology center, ecological
7 Representative, Yatai
Executive Officer, Cagayan agricultural park, international cultural park and a financial
Proposed establishment of a comprehensive smart city International Holding Group
Economic Zone Authority business center with shopping malls and amusement districts.
Construction of infrastructure for nationwide WIFI Internet
connectivity in various capital cities and towns throughout the
Memorandum of Understanding:
Philippines; includes (i) Wi-Fi network necessary for rendering
Mr. Salvador B. Zamora III, Mr. Luo Ning, Chairman, CITIC
8 emergency services and information services, (ii) Digital TV and
Construction and development of a nationwide public wifi Chairman,Tranzen Group Network Co., Ltd.
Satellite Network Services, (iii) Smart City Digital and Internet
system
Services with Fiber and Wi-Fi, and (iv) Other telecommunication
services.
Memorandum of Understanding:
Mr. Ma Jianhua, Executive
Cooperation in infrastructure projects including but not limited to
Mr. Salvador B. Zamora III, Director of Southern Pacific
9 Cooperation in infrastructure projects including but not LRT in Manila, comfortable housing within the Philippines, toll
Chairman,Tranzen Group Division, China Harbour
limited to LRT in Manila, comfortable housing within the road north Luzon
Engineering Company Ltd.
Philippines, toll road north Luzon
 Signatories
No. Title Brief Project Description
Philippines China
Framework Agreement:
Mr. Tian Jun, President, China Cooperation in energy projects including but not limited to
Mr. Salvador B. Zamora III,
10 Cooperation in energy projects including but not limited to Power International Holding thermal power plants, hydro power plants, renewable power
Chairman,Tranzen Group
thermal power plants, hydro power plants, renewable Limited plants
power plants
Framework Agreement: Investment plan includes construction of a five-star hotel, yacht
Henry Yang, General Manager, Mr. Chuen Kin Fung, Chairman, club, and a clubhouse; strengthen infrastructure facilities and
11 Cooperation in the construction and development of GFTG Property Holdings Sanya CEDF Sino-Philippine public utility services; establish a business-jet management
Grande Island and Chiquita Island of the Subic Bay Corporation Tourism Investment Corporation company to enable Chinese entrepreneurs with private jets to
Metropolitan Authority come to the island for meetings and private leisure vacations
Framework Agreement:
Yang Hua Hong, Chairman,
Mr. Fu Kwan, Chairman and Construction and development of the Yatai Industrial Park Project
12 Yatai International Corporation
Construction and development of the Yatai Industrial Park CEO, Macrolink Group in the Province of Pampanga
Philippines
Project in the Province of Pampanga
Memorandum of Understanding: Governor Claude P. Bautista, Development and operation of a petrochemical refinery
Ms. Jiayin Zheng, Chairwoman
Governor, Provincial processing plant complex to be located at Tubalan Cove
13 of the Board, Fengyuan
Development and operation of a Petrochemical Refinery Government of Davao Business and Industrial Park recognized by the Philippine
Holdings HK
Processing Plant Complex Occidental Economic Zone Authority
Memorandum of Agreement: Morrys Ang, Legal
Mr. Gao Wen, Legal
Representative, Philippine Establish a partnership to train and to introduce Filipino Domestic
14 Representative, Guofa Major
Establish a strategic partnership to train and to introduce International Overseas Helpers to China
Project Management Co., Ltd.
Filipino Domestic Helpers to China Management System, Inc.
Memorandum of Understanding:
Mr. Lu Jianzhong, Silk Road Proposed fund raiser known as the Silk Road International
Mr. Francis Chua, Philippines
15 International Development Fund Development Fund to jointly raise funds from countries along the
Proposed Silk Road International Development Fund (The Silk Road Holdings Co., Inc.
Ltd. Silk Road
Philippines)

Purchase Framework Agreement: Mr. Richard Lin, China Mr. Liu Zi Jie, President and
Supply of fresh MD2 pineapple from 1 April 2019 to 31
16 Commercial Manager, PhilPack CEO, Goodfarmer Foods
December 2019
Goodfarmer to purchase Pineapples Corporation Holding (Group) Co. Ltd.

Purchase Framework Agreement: Mr. Chen Chi, Chairman, China

Mr. John Tan, Eng Seng Food
17 Artex Corporation Fujian Supply of young (green) coconut from March 2019 - March 2020
Products
Purchase of fresh coconuts Company
 Signatories
No. Title Brief Project Description
Philippines China
Dr. Alex Fukong Sang,
Chairman, A. Fu Properties
Memorandum of Understanding:
Mr. Fernando M. Borja, Incorporated Proposed development, construction, operation, marketing and
18 Chairman, Adnama Mining management of an Iron Processing Plant in the Province of
Proposed Development and Operation of an Iron
Resource, Inc. Mr. Yong Feng Zhang, Agusan Del Norte
Processing Plant
Chairman, Xiamen C&D
Incorporation
Mr. Yi Xiaorong, President,
Memorandum of Understanding: DOE and the Consortium composed of Shanghai Electric Group
Shanghai Electric Power
Co., Ltd. and Deluxe Family Co., Ltd. intend to collaborate in the
Secretary Alfonso Cusi, Generation Engineering
19 Promotion of the use of indigenous, new and renewable promotion of the use of indigenous, new and renewable energy
Department of Energy
energy resources in order to reduce dependence on resources in order to reduce dependence on imported energy
Mr. Li Rongqiang, Chairman,
imported energy fuels fuels.
Deluxe Family Co., Limited