US reiterates support for Luzon economic growth corridor

Indonesia Berita Berita

US reiterates support for Luzon economic growth corridor
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A United States official reiterated Washington’s support for the Luzon Economic Corridor’s infrastructure network connecting Subic, Clark, Manila and Batangas to facilitate expansion opportunities for US and foreign companies in the Philippines.

“The transport and logistics infrastructure can be accelerator for further economic development in a variety of sectors – manufacturing and clean energy, in agribusiness. And we want to partner with the Philippines to realize that vision.

Toloui visited the Philippines as the fourth leg of a nine-day tour of five Asian cities including Tokyo, Seoul, Ho Chi Minh, Manila and Singapore.The US government, as highlighted by Toloui, recognizes the importance of a clear vision in attracting stakeholders and driving focus towards specific economic opportunities.

Trade Secretary Alfredo Pascual said in a previous briefing the $3.17-billion Subic-Clark-Manila-Batangas Railway project is a key segment of the broader 1,320-kilometer Luzon Railway System.

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