The Bases Conversion and Development Authority (BCDA) said the proposed advanced manufacturing park in New Clark City under the Pax Silica initiative will operate within Philippine law and be developed as a purely commercial project, with no defense-related activities.
Aboitiz Economic Estates president and CEO Rafael Fernandez de Mesa sees the government’s Pax Silica initiative as a potential catalyst for Philippine industrialization, particularly as the country seeks to attract higher-value industries and move up the global supply chain.
Converge ICT Solutions Inc. is positioning itself to support the Philippines’ emerging artificial intelligence (AI) and advanced manufacturing ecosystem, as the proposed Pax Silica Industrial Hub creates potential demand for connectivity and computing infrastructure.
The planned Pax Silica industrial hub in New Clark City is targeting its first 10 to 20 locators within five years of construction, with an ambitious goal of generating as much as USD200 billion in exports over a 30-year development period.
The Philippine Chamber of Commerce and Industry (PCCI) has endorsed the proposed Pax Silica AI hub, calling it a "once-in-a-lifetime" opportunity for the country to secure a foothold in one of the world's fastest-growing industries and move up the global technology value chain.
ASEAN leaders agreed to draw more investment into critical mineral processing and manufacturing while tightening regional cooperation on exports of sensitive goods, as the bloc seeks to capture more industrial value and protect strategic supply chains.
Andok’s Litson Corp. has partnered with Rockport Power to secure power supply for 16 of its stores, using the Retail Aggregation Program (RAP) to bring down electricity expenses amid rising operational costs.
The Department of Energy (DOE) and the Economic Research Institute for ASEAN and East Asia (ERIA) have formalized a partnership to advance the country’s energy transition through research, technical cooperation, and policy support for a secure, reliable, and affordable energy system.
Maynilad Water Services Inc. has sealed two agreements with the Metropolitan Waterworks and Sewerage System (MWSS) and the National Irrigation Administration (NIA) to turn NIA’s excess water resources into public drinking‑water supply, strengthening water security across Cavite.