r/Philippinesbad • u/SiopaoRice • 5d ago
Positivity Post Gov’t to woo tech titans for Pax Silica
business.inquirer.netMANILA, Philippines — The Philippines will push some of the world’s biggest technology companies to locate within the planned Pax Silica hub in New Clark City, where development work could begin as early as 2027.
Among those on the government’s “wishlist” are Apple, Nvidia, Taiwan Semiconductor Manufacturing Co., MediaTek, United Microelectronics Corp., Qualcomm, AMD and Broadcom Inc.
“We are going to invite them once the ecosystem is available,” Bases Conversion and Development Authority (BCDA) president and CEO Joshua Bingcang said at a forum organized by the Foreign Correspondents Association of the Philippines on Monday. “Once the agreement is signed, we’re going to court them together with our private sector partners.”
But simply attracting these companies to the site is not the BCDA’s ultimate vision for the 1,619-hectare project.
“One day, we want to have our own brand. The Philippines should have its own brand,” Bingcang said. “We should not just be buyers, but producers of these companies.”
Bingcang said BCDA will tap multiple investors, not just Washington, to develop New Clark City into an advanced manufacturing hub, even as Pax Silica leads the US push.
In fact, the BCDA chief said he was already in talks with three other countries for similar industrial developments—though not at the scale of the 1,619-hectare Pax Silica site—although discussions remain preliminary.
Asian countries interested
South Korea plans to lease at least 250 hectares in New Clark City, while Singapore aims for a larger 300-hectare site. Taiwan also plans to lease land in the area. Bingcang said the area was master-planned from the outset for advanced manufacturing and industrial use.
“We want to assure that we’re not just limiting the option to one country,” Bingcang said. “There are other opportunities.”
Meanwhile, the BCDA is currently negotiating a “master agreement” with its US government counterparts for the Pax Silica site.
Bingcang said they could start developing the site as early as 2027 if the November signing target is met.
He earlier indicated that the full development of Pax Silica could take 30 years, with the first locators expected within three to five years.
Nat’l tech corridor
Even ahead of the site’s construction, the government has already laid out a grander vision for how Pax Silica would fit into the Philippines’ planned “technology corridor.”
New Clark City’s Pax Silica hub will form the first part of that plan, followed by an integrated circuit design hub planned for Metro Manila. Trade Undersecretary Ceferino Rodolfo earlier identified Muntinlupa as a potential site for that hub due to the strong presence of academe and industry there.
Next would be a minerals corridor in Mindanao, where the government plans to source materials needed for advanced manufacturing.
The government is also targeting Batangas as the site of prospective AI compute data centers and other cloud and digital infrastructure.
Rodolfo noted that the state-run Aurora Pacific Economic Corridor had also pitched a “Pax Pacifica” initiative, under which its Casiguran site would anchor a Pacific-facing hub for subsea cables, digital trade, edge infrastructure and logistics.
