President Ferdinand "Bongbong" Marcos Jr. stated that the Pax Silica Industrial Hub will deliver quality employment opportunities for Filipinos, according to reports from GMA News.
The remarks were made during the State of the Nation Address on Monday, framing the planned development as a key economic driver for the country.
The Pax Silica initiative is a US-led coalition aimed at securing supply chains for artificial intelligence semiconductors and critical minerals.
By positioning the Philippines as a central node in this network, the administration seeks to attract high-value investment and integrate local industry into global tech supply chains.
This development follows Greece's formal accession to the Pax Silica initiative, signaling broadening international support for the coalition.
The expansion of member states underscores the strategic importance placed on diversifying critical mineral sources away from traditional suppliers.