US eyes Taiwan role in Luzon corridor's chip, AI push
Washington sees room for Taiwanese investment in chips, AI and manufacturing.
U.S. Ambassador Heather Variava believes Taiwan could play a significant role in the Luzon Economic Corridor, a partnership involving the Philippines, the United States, and Japan. The corridor aims to boost investment in areas like semiconductors, advanced manufacturing, and artificial intelligence. Variava noted that Taiwanese companies are already represented at the Luzon Economic Corridor Investment Forum in Manila.
She also mentioned that Philippine partners would welcome greater Taiwanese investment, citing existing economic and people-to-people links between Taiwan and the Philippines. The Luzon Economic Corridor is expected to cover an area representing about 50% of the Philippine gross domestic product, focusing on developing transport, logistics, energy, digital infrastructure, and advanced manufacturing.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
