2024-04-13

The United States will set up an economic corridor on the main island of Luzon — the first of its kind in the Indo-Pacific region — to enable coordinated investments in high-impact projects, with assistance from Japan.

The corridor under the US’s Partnership for Global Infrastructure and Investment (PGI), an initiative under the Indo-Pacific Economic Framework, will connect the capital Manila, the southern Luzon province of Batangas, Subic Bay, and Clark, US President Joseph Biden with Philippine President Ferdinand R. Marcos, Jr, and Japanese Prime Minister Fumio Kishida said in a joint statement after their first-ever trilateral summit on Apr. 11......

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Via bworldonline.com