Frederick Go expects Luzon Economic Corridor to advance under Trump administration

gmanetwork.com November 11, 2024, 05:02 AM UTC

Frederick Go, the Presidential Adviser on Investment and Economic Affairs, is optimistic that the Luzon Economic Corridor will proceed under Donald Trump's administration. He noted discussions with G7 partners, including the U.S. and Japan, about expanding the project. The Luzon Economic Corridor aims to enhance connectivity between Subic Bay, Clark, Manila, and Batangas through infrastructure projects like ports and rail systems. Finance Secretary Ralph Recto highlighted its potential to attract export-manufacturing firms to the Philippines. Go confirmed that preparations for the corridor are underway, with the Asian Development Bank finalizing studies on specific projects. He did not disclose details about trade requests from the Philippines to the U.S.


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