Special Assistant to the President for Investment and Economic Affairs and Co-Chair of the LEC Steering Committee Frederick D. Go leads discussions to further advance the LEC initiative among the Philippines’ tri-lateral partners, US and Japan during the 3rd LEC Steering Committee meeting in Malacanang recently.

Four more countries have expressed interest in contributing to the Luzon Economic Corridor’s (LEC) infrastructure and economic development.
Representatives from the governments of the United Kingdom, South Korea, Australia, and Sweden expressed their interest in participating in upcoming LEC development projects.
Special Assistant to the President for Investment and Economic Affairs Frederick D. Go said, “The LEC, which is the first of its kind in the Indo-Pacific Region, has been gaining ground and receiving strong support from its partners. We are happy that several other countries have signified their desire to contribute to the development of the Corridor.”
The LEC, an initiative of the G7 Partnership for Global Infrastructure and Investment (PGI) launched during the PH-Japan-US trilateral summit early this year, is now poised for broader international collaboration.
Korea’s Ambassador to the Philippines Lee Sang-Hwa highlighted his country’s commitment to sustainable infrastructure investments, leveraging its strong bilateral ties with the Philippines to enhance infrastructure development through significant financial commitments and ongoing projects such as the Light Rail Transit, North-South Commuter Railway Project, and Laguna Lakeshore Road Network.
Meanwhile, Ambassador of the United Kingdom to the Philippines Laure Beaufils underscored the role of economic resiliency in ensuring a stable Philippines, highlighting ongoing investments in renewable energy, green infrastructure, and transport.
Swedish Trade Commissioner Johan Lennefalk reaffirmed Sweden’s commitment to fostering inclusive economic growth through enhanced connectivity and sustainable practices, including a feasibility study for a freight railway project and partnerships focused on healthcare development and sustainable mining practices.
Australia’s Charge d’ Affaires Moya Collet highlighted the country's strategic focus on increasing trade and investment ties with the Philippines, seeking investment opportunities in food and agriculture, clean energy infrastructure, and mining sectors.
During the subsequent Steering Committee meeting, the US delegation proposed a project mapping exercise to delineate projects pursued by the US and Japan and those being undertaken by like-minded partners.
Go supported this proposal, noting, “Our goal is to understand the interests of partners along the Corridor and explore potential synergies between Philippines-Japan-US efforts and their own.”
He added, “The commitment from these like-minded partners signals a robust future for the LEC, promising enhanced infrastructure, sustainable development, and strengthened economic ties across borders.”