Skip to content
No results
Screencap Media PHScreencap Media PH
  • News
    • Nation
    • Regions
    • Metro
  • World
  • Business & Finance
  • Opinion
  • Technology
  • Entertainment
  • Lifestyle
  • Sports
  • Special Reports
    • Advocacy
    • Features
    • Health & Wellness
Get Started

DATE
TIME
CITY Detecting...
WEATHER --
USD ₱-- EUR €-- JPY ¥-- BTC $--

Screencap Media PHScreencap Media PH
  • News
    • Nation
    • Metro
    • Regions
    • World
  • Business & Finance
  • Entertainment
  • Technology
    • Innovation
  • Breaking News
  • Sports
  • Lifestyle
    • Culture
    • Health & Wellness
    • Travel
    • Motoring
  • Opinion
    • Editorial
    • Receipts Don’t Lie
  • Special Reports
  • VIDEOS
Screencap Media PHScreencap Media PHScreencap Media PH

Luzon Economic Corridor Gains Momentum with US-Japan Support–DOF

  • Arwen Gutierrez
  • Business & Finance
  • April 27, 2026

The Luzon Economic Corridor (LEC) is gaining momentum, with increased backing from the private sector and key international partners, according to the Department of Finance (DOF).

Finance Secretary Frederick Go said the government remains committed to advancing infrastructure and investment projects under the initiative, which aims to improve connectivity and generate jobs across Luzon.

“We are encouraged by this growing momentum and remain committed to advancing concrete initiatives that will strengthen connectivity, attract high-quality investments, and create jobs across the region,” Go said.

Go recently met with Heather Variava in Washington, D.C., to discuss progress on the LEC, a trilateral initiative involving the Philippines, the United States, and Japan. The program focuses on infrastructure, energy, logistics, and industrial development across key economic zones in Luzon.

Variava reaffirmed Washington’s support for the initiative, emphasizing the need for continued coordination among the three partners to sustain progress.

A fourth Steering Committee meeting is scheduled in Manila in May, bringing together senior officials from the three countries to review developments since the corridor’s launch in 2024 and align next steps.

Officials from the United States and Japan are also expected to visit key project sites in Luzon to coordinate with Philippine counterparts.

Go said these engagements are expected to accelerate the rollout of priority investments, particularly in infrastructure, energy, logistics, and industrial development.

Support for the corridor has also been reinforced through new funding commitments. In 2025, the United States provided a $3.8-million technical assistance grant through the U.S. Trade and Development Agency for the Subic-Clark-Manila-Batangas Railway, the flagship project of the LEC.

The U.S. Department of State, in coordination with Congress, also allocated $15 million to help spur private sector participation in corridor-related projects.

Launched in April 2024 under the G7 Partnership for Global Infrastructure and Investment, the LEC aims to strengthen transport and trade links among Subic Bay, Clark, Manila, and Batangas.

The program prioritizes projects such as rail connectivity, port modernization, clean energy, semiconductor supply chains, agribusiness development, and upgrades to civilian port facilities.

 

Facebook
X
LinkedIn
Reddit
PrevPreviousPalace: Courts, Not Executive, to Decide on Petitions
NextPalace Dismisses Coup Recruitment Reports as ‘Old News’Next
Nation

Over 20,800 People in Street Situations Reintegrated Into Communities

  • Jade Reyes
  • July 15, 2026

More than 20,800 vulnerable individuals...

Nation

Solon: Detained Senators May Seek Court Leave to Join Trial

  • Joseph Tan
  • May 29, 2026

A veteran solon said senators...

Business & Finance

DOTr Pushes for P5B Fuel Relief Fund in 2027 Budget to Support Transport Sector

  • Arwen Gutierrez
  • September 20, 2026

Transportation Secretary Giovanni Lopez is...

Regions

PNP: 3 Suspects Nabbed in Killing of American Marine Biologist in Negros Oriental

  • Peter Fernandez
  • July 16, 2026

Three of the four suspects...

Nation

HPG Manhunt Ops Arrest 3 Wanted Persons in NCR, Isabela, Baguio

  • Peter Fernandez
  • May 15, 2026

Philippine National Police Highway Patrol...

Nation

Manila Solon Sues Over Cash Luggage Claims

  • Esther Salem
  • June 9, 2026

Manila Rep. Bienvenido “Benny” Abante...

Nation

Marcos Pays Tribute To PAF’s Service, Defense Gains

  • Jade Reyes
  • July 1, 2026

President Ferdinand R. Marcos Jr....

Regions

Power Restoration in Mindanao Earthquake Areas Reaches 99.24% — DOE

  • Mervin Reyes
  • June 20, 2026

Power restoration efforts in areas...

Follow us:

Facebook Instagram X-twitter Tiktok

ABOUT

In everyday life, taking a screencap is the fastest way to share stories, proof, and receipts with friends. It is a habit, a reflex, and now, our approach to journalism.

Quick links

  • About us
  • Contact Us
  • Advertising
  • Careers
  • About us
  • Contact Us
  • Advertising
  • Careers

Contact

  • Submit a News Tip
  • Member Services
  • Advertise with Us
  • Community Network
  • Submit a News Tip
  • Member Services
  • Advertise with Us
  • Community Network

© 2026, SCREENCAP ® | All rights reserved.

  • Terms and Condition
  • Privacy Policy