China offers to build 1m low-cost houses
(AFX)
Updated: 2006-07-10 13:48
China has pledged to build one million mass-housing units for poor Filipinos
and erect an industrial park in Clark Field, Pampanga for large- and medium-size
factories, according to Speaker Jose de Venecia, who arrived in Manila on
Saturday.
The Speaker led a delegation of congressional and economic managers on a
10-day, 10-city tour of China to drum up support for the low-cost housing
program and the proposed industrial park.
Guangdong and Shandong, ranking first and second respectively in China’s top
gross domestic product (GDP) list, showed interest in financing part of the 1
million low-cost houses in the Philippines. Each province has a population of
more than 90 million.
"Two of China's biggest provinces have shown interest in taking part in the
construction of pre-fabricated housing factories in Luzon, Visayas and
Mindanao," said De Venecia.
The proposed housing units would be "anti-typhoon, anti-earthquake and
anti-termite" and materials would cost much less than those imported from Europe
and the United States, he said.
De Venecia said the top leaders of Guangdong and Shandong also agreed to
support large-scale Philippine fisheries programs which include setting up 2,000
fish cages in the sea and the rehabilitation of 250,000 hectares of coastal and
inland fishponds.
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