In a joint exploratory meeting before the 3rd LEC Steering Committee meeting at Malacañang, representatives from the governments of Australia, South Korea, Sweden and the United Kingdom discussed their desire to participate in upcoming development projects and explore potential collaborations in the corridor.
The LEC, an initiative of the G7 Partnership for Global Infrastructure and Investment (PGI) that was launched during the historic Philippines-Japan-US trilateral summit early this year, is now poised for broader international collaboration.
"The LEC, which is the first of its kind in the Indo-Pacific Region, has been gaining ground and receiving strong support from its partners. We are happy that several other countries have signified their desire to contribute to the development of the corridor," said Special Assistant to the President for Investment and Economic Affairs Frederick Go.
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