The Department of Finance (DOF) hosted the Luzon Economic Corridor (LEC) Partner Onboarding Meeting on July 16, convening key representatives from the Philippine government alongside international partners from Australia, Canada, Denmark, the European Union, France, Italy, the Republic of Korea, Sweden, and the United Kingdom, as well as trilateral partners Japan and the United States.
The high-level meeting focused on deepening multilateral cooperation across the strategic Subic–Clark–Manila–Batangas corridor.
Representing LEC Chair and Finance Secretary Frederick D. Go, Government Corporations and Investments Group (GCIG) Undersecretary Ma. Angela E. Ignacio welcomed the delegates as partners presented major updates across priority sectors, including transport, energy, digital infrastructure, shipbuilding, and critical minerals.
During the session, partners discussed leveraging their respective comparative advantages—ranging from competitive financing to tailored investment facilitation—to accelerate development across the corridor’s three core working groups:
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Transport Infrastructure: Led by Japan
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Energy Infrastructure: Led by the United States
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Digital Infrastructure and Advanced Manufacturing: Led by the Philippines
As a flagship international economic partnership, the Luzon Economic Corridor aims to mobilize significant capital, strengthen regional supply chains and connectivity, and generate quality jobs across Luzon. For the Filipino public, the initiative will translate into the accelerated delivery of high-impact projects, a more robust business environment, and modernized infrastructure designed to improve daily life.
The onboarding meeting builds strong momentum leading up to the upcoming LEC Investment Forum, scheduled for September 10 to 11. The landmark event is expected to gather up to 600 global investors, industry leaders, and policymakers to finalize strategic partnerships and mobilize transformative investments across the corridor.
