China's CCCC, Philippines' Macroasia win $10b airport project

China's CCCC, Philippines' Macroasia win $10b airport project

Flight takes off. Photo: Josue Isai Ramos Figueroa

China Communications Construction Co Ltd (CCCC) and Philippine partner Macroasia Corp have won an auction for a $10 billion airport outside Manila, the latest in a multi-billion dollar push by the Philippines to modernise and decongest its overstretched infrastructure.