Philippines, US to build industrial hub for supply-chain security

0
8


A general view of Manila city is seen one day before the annual Black Nazarene procession, in Quiapo, Manila, Philippines, January 8, 2019. (Reuters/Soe Zeya Tun)

 The United States and the Philippines will establish a 4,000-acre (1,620 hectares) industrial hub in the Luzon Economic Corridor under the Pax Silica framework, the U.S. State Department said in a statement.

The State Department said it welcomed the Philippines joining the initiative. The site in the Philippines will be used to boost production of inputs vital to U.S. supply chains.

—Reporting by Mikhail Flores and Karen Lema; Editing by John Mair





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here