Shipping Complex at Sangley Point?
There was an item in the Philippine Daily Inquirer yesterday that could give a clue to the future of Cavite City.
The news article was titled "Chinese Shipping Firm to Build $3-B Complex in Sangley." It talked about how a giant Chinese company plans to transform Sangley into a transshipment point.
Here's part of that story:
A Chinese shipping giant will build a $3-billion shipping complex at Sangley Point in Cavite City, outside Manila, to serve as its main hub in Southeast Asia, Malacañang announced Monday.
China Ocean Shipping Group Co. (Cosco) chief executive officer Wei Jia Fu informed President Gloria Macapagal-Arroyo of the investment plan during a courtesy call Monday.
Ambassador Francis Chua, special Philippine envoy on China trade and investments, said the Cosco investment would generate 100,000 jobs, particularly for Filipino seamen.
Sangley Point is being developed as an international transshipment point through the creation of a special economic zone.
A Malacañang statement described Cosco, founded in 1961 as the pioneer international shipping carrier in China, as a $17-billion global company that operates 600 types of ships that call at 1,300 ports in more than 160 countries.
I wonder how this ties in with earlier reports that Arroyo had "given" Sangley point to former Senator Ramon Revilla as a birthday gift , for building into a major port. How many Sangley Points are there for her to give away? When I last checked, there was only one Sangley point, currently the home of the Philippine Naval Base in Cavite City.
Obviously, Sangley is a much sought-after piece of real estate and one strategically located in terms of shipping and transport. In the early 1990s, there were plans by the country's biggest taipans to build the International Airport in Sangley as well, but the plan was shot down by former President Fidel Ramos.
But I couldn't help notice in the story how this company comes into the picture with apparent absolute certainty that it will get Sangley. Have they consulted the people of Cavite City at all in this, and have they conducted studies regarding the environmental effects of such a project?
I can almost imagine Sangley as a container port, maybe something like the North and South Harbors in Manila, container vans crowding narrow streets, dark fumes filling the skies, stevedores and their families squatting in narrow alleys, crime and poverty infesting the city. Is it the End of Days for Cavite City?






















