“These initiatives will enhance freight transport services, mobility and access to key economic zones, ensuring business continuity and positioning the Philippines as a regional hub for agribusiness and logistics in the Asia Pacific,” Marcos said at the 6th Indo-Pacific Business Forum in Manila on Tuesday.
The Philippines is setting its sights on becoming the next manufacturing and logistics hub in Asia, President Ferdinand Marcos Jr. said, as Manila capitalizes on its growing ties with Washington.
Under Marcos’s administration, the Southeast Asian nation has increased defense and economic engagements with Washington. The US last month pledged to help accelerate investments in transport infrastructure, clean energy and semiconductor supply chains in the Philippines through the Luzon Economic Corridor.
