New Delhi, April 17 -- In a landmark move to reshape global technology supply chains, the United States and the Philippines have announced plans to develop a massive 4,000-acre (1,620-hectare) industrial hub in Luzon.
The project, designated as an Economic Security Zone (ESZ), is a centrepiece of the newly signed Pax Silica pact, a Washington-led initiative aimed at securing critical technologies against geopolitical instability.
The US Department of State said on Friday (local time) that the US and the Philippines will set up a 4,000-acre industrial hub in the Luzon Economic Corridor, billed as the first "AI-native Industrial Acceleration Hub" under the Pax Silica initiative, as both nations deepen supply-chain ties amid shifting geopo...
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