Manila, Oct. 13 -- President Ferdinand R. Marcos Jr. has expressed excitement over the planned US-led Pax Silica initiative in Central Luzon, saying it would create more opportunities for emerging sectors. During the 24th Forbes Global CEO conference in Singapore on Thursday, Marcos cited the Philippines' ongoing efforts to move up the value chain by shifting its focus to the production of semiconductor chips, expansion of research and development, and strengthening design capabilities. "Pax Silica came along, and we saw that it was a grand opportunity for the Philippines to inhabit more of that value chain that we already had begun," he said. "That is one of the big areas that we are terribly excited about." Pax Silica is a proposed hig...