High-tech dreams, low-tech reality of the Luzon Economic Corridor
Despite all the high-tech rhetoric, only 0.1% of the Luzon Corridor’s projects is in advanced manufacturing and 1% in digital connectivity
Despite all the high-tech rhetoric, only 0.1% of the Luzon Corridor’s projects is in advanced manufacturing and 1% in digital connectivity
Pax Silica cannot be treated as a leisurely long-term development masterplan. It must lock in binding corporate commitments, sign multilateral joint ventures, and physically break ground while it possesses maximum geopolitical value to its Western allies.
Mitsubishi is also betting that its decades-old brand loyalty and established customer base can hold their own against newer rivals such as BYD, as it targets a 20% market share this year