MANILA, Jan 27 (Reuters) - A Philippine province has
cancelled its award of a $10 billion airport deal south of the
capital, local project proponent MacroAsia Corp MAC.PS said on
Wednesday.
China Communications Construction Co (CCCC) 601800.SS and
MacroAsia in 2019 won the auction to partner with the Cavite
provincial government to upgrade the Sangley
airport. CCCC was among the Chinese firms blacklisted by the United
States in August for their roles in constructing and
militarising artificial South China Sea islands.