Tag page - Luzon Economic Corridor (LEC)

Sweden is looking to expand its economic cooperation with the Philippines through new investments and financial grants following its formal integration into the partnership for the development of Luzon Economic Corridor (LEC). “We do see this as a first step and we will, together with our...

The government expects the addition of seven partner nations to the Luzon Economic Corridor (LEC) to cement the region’s status as a primary investment magnet, a move officials say is vital for insulating the economy against persistent global volatility. Finance Secretary Frederick Go said the...

More than a year after an unsolicited proposal was first submitted, the Subic Bay Metropolitan Authority (SBMA) has formally launched the Swiss challenge for the ₱6.2-billion Subic Bay International Airport (SBIA) project, opening the door to rival bidders for an airport that would complement the...

The United States (US) and the Philippines are planning to establish a 4,000-acre, or a nearly 1,619-hectare (ha), industrial hub in Luzon aimed at strengthening supply chains for critical inputs, according to the US Department of State. In an April 16 fact sheet, the US State Department said the...