28 priority projects lined up for Luzon Economic Corridor

The Philippine government has presented a list of 28 priority projects in areas such as infrastructure development, electronics and semiconductors, food production and storage and renewable energy sourcing in the proposed Luzon Economic Corridor.

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Special Assistant to the President for investment and economic affairs Frederick Go said these projects provide opportunities for investment and development along the corridor, which will connect Luzon's key economic hubs: Subic Bay, Clark, Manila and Batangas.

Government finance and economic leaders from the United States and Japan recently met with their Philippine counterparts in Manila to seal their commitments to fast-track the Luzon Economic Corridor project. Following a plenary session of the Indo-Pacific Business Forum that tackled how US government tools catalyze investments in partner economies, the business leaders gathered and took the opportunity to convene a tripartite steering committee that will see through the development of the prosperity corridor.