MANILA -- A China-backed consortium has lost the right to develop a $10 billion airport project in the Philippines, the group's local partner said on Wednesday.
Companies
China-backed group loses $10bn Philippine airport project
Award cancellation boosts San Miguel's $15.4bn plan for separate project
The planned Sangley Point International Airport would take pressure off Manila's Ninoy Aquino International Airport. (Illustration courtesy of Cavite provincial government)
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