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US-led Luzon corridor in Philippines faces growing scrutiny over real local benefits

US-led Luzon corridor in Philippines faces growing scrutiny over real local benefits
Key Points

While Philippine President Ferdinand Marcos Jnr was pitching the Luzon Economic Corridor to a 600-strong delegation of foreign investors and officials last week, protesters outside were clashing with police, accusing the US-backed initiative of exploiting the country’s resources. The backlash mirrored opposition against the Pax Silica AI supply chain drive – a separate proposal but again, American-led. It underscored mounting tension over the ambitious corridor, since expanded from a...

While Philippine President Ferdinand Marcos Jnr was pitching the Luzon Economic Corridor to a 600-strong delegation of foreign investors and officials last week, protesters outside were clashing with police, accusing the US-backed initiative of exploiting the country’s resources. The backlash mirrored opposition against the Pax Silica AI supply chain drive – a separate proposal but again, American-led. It underscored mounting tension over the ambitious corridor, since expanded from a transport... [Image text:] PANGUL LUZON ECONOMIC CORRIDOR INVESTMENT FORUM USTDA
US (LOCATION) Luzon (LOCATION) Philippines (LOCATION) Philippine (ORG) Ferdinand Marcos Jnr (PERSON) the Luzon Economic Corridor (LOCATION) the Pax Silica AI (ORG) American (ORG)
Originally published by South China Morning Post Read original →