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Donald Trump’s return to the White House is not expected to alter the Luzon Economic Corridor project, according to Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go
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Last April, US President Joe Biden, Japanese Prime Minister Fumio Kishida, and President Ferdinand Marcos Jr. announced the partnership to develop the LEC
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Go said other countries had expressed interest in taking part in the LEC project
Donald Trump’s return to the White House is not expected to alter the Luzon Economic Corridor (LEC) project, according to Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go.
Go was asked about the prospects of the LEC under Trump, as it was originally announced during the outgoing Biden administration, whether it will push through or not.
“That’s what the trilateral partners are telling us,” the presidential adviser on investments and economic affairs told local media.
Last April, US President Joe Biden, Japanese Prime Minister Fumio Kishida, and President Ferdinand Marcos Jr. announced the partnership to develop the LEC that supports the connectivity of Subic Bay, Clark, Manila and Batangas.
READ: US, Japan, PH to develop Luzon Economic Corridor
This trilateral commitment—part of the Partnership for Global Infrastructure and Investment—seeks to accelerate coordinated investments in high-impact infrastructure projects, including rail; ports modernization; clean energy and semiconductor supply chains and deployments; agribusiness; and civilian port upgrades at Subic Bay.
Go also told media that other countries had expressed interest in taking part in the LEC project.
“We’re now in discussion of how to make the corridor more inclusive to the other countries that are interested in participating,” said Go.
He also said that the country will push for trade agreement requests between the US and the Philippines vis-à-vis the LEC.
According to the US International Trade Administration, key LEC projects include:
- North Luzon Expressway and South Luzon Expressway: These highways connect Metro Manila to northern and southern Luzon, facilitating efficient movement of goods and people.
- Subic-Clark-Manila-Batangas Railway and North-South Commuter Railway: These railway projects aim to improve connectivity and reduce travel time between major urban centers.
- Port of Manila and Batangas Port: These ports serve as crucial nodes for maritime trade, enhancing the region’s role in global supply chains.
