Apple, Nvidia, TSMC on Philippines wish list as New Clark City eyes ‘Silicon Valley’ future

Manila: The Philippine government is actively pursuing significant technology companies such as Apple, Nvidia, and Taiwan Semiconductor Manufacturing Co. to establish advanced manufacturing operations at the proposed Pax Silica hub in New Clark City, located approximately 100 kilometers north of the capital. This 1,619-hectare development area in Tarlac is envisioned as the cornerstone of a broader Philippine technology corridor that could encompass chip design in Metro Manila, critical minerals in Mindanao, AI data centers in Batangas, and digital infrastructure along the Pacific coast.

The Philippines has a long history of semiconductor component and device exports, accounting for about 73% of the local electronics manufacturing sector, generating roughly $50 billion annually. Philippine officials are targeting global technology giants to set up advanced manufacturing facilities within the planned hub. The US-led Pax Silica alliance, comprising 25 nations, aims to secure advanced technology ecosystems.

If the master agreement with US counterparts is signed, the government plans to approach major technology firms in collaboration with private sector partners. The long-term goal is for the Philippines to move beyond being a consumer market or assembly location towards greater participation in high-value technology production, with aspirations of developing its own technology brand.

The project, which could commence in 2027, is expected to generate P180 billion in government income and create up to 190,000 jobs throughout its lifetime.