MANILA, Philippines – The Philippines’ planned Pax Silica hub has gained another boost after newly appointed US Ambassador to the Philippines Lee Lipton committed to help move the project forward as quickly as possible, according to Finance Secretary Frederick Go.
Speaking to reporters yesterday, Go, who also serves as the country’s investment czar, said Lipton had expressed strong interest in accelerating the artificial intelligence-focused industrial enclave planned for New Clark City.
READ: 50 firms keen on PH ‘Pax Silica’ hub
Article continues after this advertisement
Calling the development “good news,” Go said the project was “generational,” with the potential to strengthen the Philippines’ position in the global technology value chain while creating hundreds of thousands of jobs.FEATURED STORIES
