The race is on for the Philippines and the United States to sign the Pax Silica framework agreement before year-end, a key step in bringing the ambitious artificial intelligence (AI) and semiconductor hub in New Clark City to life.
This is according to Finance Secretary Frederick Go, who said he was hopeful that the deal would be sealed within the year.
The proposed hub, a 1,619-hectare AI and advanced manufacturing enclave in New Clark City, forms part of the US-led Pax Silica initiative aimed at securing AI supply chains.
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Go described the project as “promising,” saying it reflects the administration’s effort to move economic partnerships “at a pace like never before”—a marked departure from what he himself described as the typically glacial pace of government negotiations.FEATURED STORIES
