This is a file photo of Presidential Adviser on Investments and Economic Affairs Frederick Go. – Go said in an ambush interview in Malacañang on Monday, November 11, 2024, that he Luzon Economic Corridor (LEC) project is expected to continue under the fresh administration of US President Donald Trump. “Well, that’s what the trilateral partners are telling us,” he told reporters. | PHOTO: Screen-grabbed from the official facebook page of Radio Television Malacañang (RTVM)
MANILA, Philippines — The Luzon Economic Corridor (LEC) project is expected to continue under the fresh administration of US President Donald Trump, according to economic czar Frederick Go.
In an ambush interview in Malacañang on Monday, Go was asked about the prospects of LEC under the Trump administration – if the project will push through since it was first announced during the outgoing Biden administration.
Article continues after this advertisement“Well, that’s what the trilateral partners are telling us,” the presidential adviser on investments and economic affairs told reporters.
FEATURED STORIES BUSINESS BIZ BUZZ: Razon cries foul BUSINESS Missing funds prompt BSP probe of GCash BUSINESS JK Capital Finance locks in P300-million credit guaranteeIn April, President Ferdinand Marcos, Jr., Japanese Prime Minister Kishida, and US President Joe Biden announced their partnerships for the development of the Luzon Economic Corridor that will support the connectivity of Subic Bay, Clark, Manila, and Batangas.
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Article continues after this advertisementThe trilateral commitment aims to speed up coordinated investments in high-impact infrastructure projects, clean energy and semiconductor supply chains and deployments, agribusiness, and civilian port upgrades at Subic Bay.
Article continues after this advertisementIn the same interview, Go also revealed that other countries expressed interests in joining the LEC project.
Article continues after this advertisement“So, we’re now in discussion of how to make the corridor more inclusive to the other countries that are interested in participating,” he said, but did not mention any country.
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Article continues after this advertisementGo further said the Philippines will push for trade agreement requests between the Philippines and the US in relation to the Luzon Economic Corridor.
However, he refused to give details on these requests for now.
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