Inside the planned Luzon economic corridor: Freight trains, green energy, factories

This is AI generated summarization, which may have errors. For context, always refer to the full article.

the P51-billion Subic railway, but it was scrapped amid political tensions between the Philippines and Beijing.Hochstein explained that economic corridor projects of the US involve coordinated investments in high-impact infrastructure projects, as well as incentives for the private sector. “The role of government is not to make the investment, that’s not what we wanna do. You have to look at how you spend government dollars in the most efficient way possible to spur growth in investment in sectors we believe are the most attractive,” he added.

President Ferdinand Marcos Jr. hopes the deal will “restore the glory days of shipbuilding” in the country. Go said the area will be the “largest single dry dock space in the world.” Meanwhile, Hochstein declined to give specific figures, but noted that other multilateral agencies can support studies on a “piece by piece” basis.

Source: Energy Industry News (energyindustrynews.net)

Logistics Industry Philippine Infrastructure Business Economy &Amp Governance Editors' Pick Infrastructure Newsbreak Rappler IQ

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Freight train derailment, fire forces Interstate 40 closureLUPTON, Arizona: A freight train carrying fuel derailed and caught fire on Friday near the Arizona-New Mexico state line, forcing the closure of an interstate highway that serves as a key trucking route.
Source: TheManilaTimes - 🏆 2. / 92 Read more »

Suzuki, Abalos shine in JPGT Luzon SeriesRyuji Suzuki and Maurysse Abalos shone brightly in the Junior Philippine Golf Tour Luzon Series, pulling off thrilling victories in the 8-10 age category with 79 and 95, respectively, at the Splendido Taal Golf Club Wednesday, May 15.
Source: manilabulletin - 🏆 25. / 51 Read more »

Suzuki, Abalos shine in Junior PH Golf Tour Luzon SeriesDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

Sharks Billiards Association features teams from Luzon, Visayas, Mindanao and either NCR or PampangaTHE Sharks Billiards Association (SBA) is deciding which should be considered the “epicenter of billiards” in the country, from where the fourth team in its inaugural tournament will be formed.
Source: BusinessMirror - 🏆 19. / 59 Read more »

Suzuki, Abalos triumph in JPGT Luzon Series I golf tiltRyuji Suzuki and Maurysse Abalos shone brightly in the Junior Philippine Golf Tour Luzon Series, pulling off thrilling victories in the 8-10 age category with 79 and 95, respectively, at the Splendido Taal Golf Club.
Source: PhilstarNews - 🏆 1. / 94 Read more »

Suzuki, Abalos shine in JPGT Luzon Series IBATANGAS, Philippines – Ryuji Suzuki and Maurysse Abalos shone brightly in the Junior Philippine Golf Tour Luzon Series, pulling off thrilling victories in the 8-10 age category with 79 and 95, respectively, at the Splendido Taal Golf Club Wednesday.
Source: TheManilaTimes - 🏆 2. / 92 Read more »