“Kung titingnan po natin iyong 14 agreements, nakikita po naman natin na mukhang solid naman ang mga proyekto na nasa table ngayon. Halimbawa po, iyong agreement ng Baowu Steel at SteelAsia,” FlorCruz said at a media forum in Quezon City.
“Ang ini-expect po natin ay magpapasok ng 1.5 to 2 billion dollar investment para magtayo ng unang-unang liquid steel plant,” the envoy added. "So ang plano pong ito ay mag-uumpisa iyong ating steel industry. Kasi kung wala tayong steel industry na sarili, iyong manufacturing natin, lalo lagi tayong reliant on imports."Fourteen bilateral deals were signed during President Ferdinand "Bongbong" Marcos Jr.’s state visit to China from January 3 to 5, includingThese deals were in the sectors of agriculture, infrastructure, development cooperation, maritime security, and tourism, among others.
so.... the sand mining continues? And how many Chinese people will enter our country and work for the steel mill? This is not securing jobs for our people but securing jobs for the Chinese people.!