Manila: President Ferdinand R. Marcos Jr. has directed the rapid implementation of an investment package to transform the Philippines into a leading semiconductor and artificial intelligence (AI) hub in Asia, as reported by Malaca±ang. Executive Secretary Ralph Recto shared the President's directive during a visit to the Texas Instruments facility in Clark, Pampanga, emphasizing the prioritization of projects and incentives designed to draw investments into high-value industries.
According to Philippines News Agency, Executive Secretary Recto conveyed the President's vision to utilize existing assets to establish the Philippines as a central hub for semiconductors and AI in Asia. He highlighted the desire to see more factories, innovations, and opportunities for Filipino engineers, technicians, and researchers within the country. Recto noted that this initiative is anticipated to create jobs, enhance technology, and further stimulate economic growth.
Recto praised Texas Instruments Philippines as a trailblazer in its field, recognizing its over 40 years of operation in the country. He described the company as a robust example of confidence in Filipino talent and the Philippines as a center for manufacturing and innovation.
The visit also included an inspection of the Pax Silica site at New Clark City in Capas, Tarlac. This U.S.-led development is set to be the country's first AI-native industrial acceleration hub and is one of the most ambitious technology projects in the Philippines. Launched in April 2026, the 4,000-acre site is expected to house semiconductor fabrication facilities, critical minerals processing plants, hyperscale data centers, AI infrastructure, and advanced research facilities.
Recto emphasized that Pax Silica offers a unique opportunity for the Philippines to host industries that will influence the future of the global economy. He mentioned that over 50 companies, including several leading global technology firms, have shown interest in investing in Pax Silica, as indicated by data from the Bases Conversion and Development Authority.
To bolster industry expansion, the government is utilizing the Luzon Economic Corridor (LEC) as an investment channel for semiconductor and AI companies. This initiative is in conjunction with the Semiconductor and Electronics Industry Advisory Council, chaired by Recto. The LEC represents a joint infrastructure and economic effort with the United States and Japan, aimed at enhancing connectivity across Subic Bay, Clark, Manila, and Batangas to promote trade, investment, and regional development.
The semiconductor and electronics industry aims to achieve USD110 billion in exports by 2030 by advancing into higher-value segments such as integrated circuit design, advanced packaging, and semiconductor manufacturing.
