Tensions flare as Marcos courts foreign investors for Luzon Corridor
Protesters gathered in Manila to oppose the Luzon Economic Corridor, a trilateral infrastructure project involving the Philippines, the U.S., and Japan. Critics argue the project prioritizes foreign economic interests over local social and environmental welfare.
Why it matters
The protest highlights growing tensions regarding foreign-led infrastructure projects and their impact on national sovereignty and local communities.
MANILA, Philippines - Tensions erupted outside a hotel in Bonifacio Global City, Taguig City, on Thursday, where President Ferdinand Marcos Jr. was attending an event.
Protesters holding placards and banners staged a protest outside the Grand Hyatt Hotel in Bonifacio Global City, opposing the Luzon Economic Corridor (LEC) Investment Forum.
READ: Foreign investors coming to scout Luzon
The two-day event gathered international investors, industry leaders, and project developers to explore investment opportunities within the LEC, which spans Metro Manila, Clark, Subic, and Batangas.
In a statement, the Philippines-Palestine Friendship Association (PPFA) said it "strongly condemns the Marcos Jr. administration for rolling out the red carpet to foreign investors."
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