The Makati Business Club (MBC) urges the Philippines to join Pax Silica. This U.S.-led project focuses on secure technology supply chains. Officials believe this move could elevate the country's economy. Cosette Canilao, MBC trustee, supports the initiative. She is also the president and CEO of Aboitiz InfraCapital (AIC).

Pax Silica aims at securing tech and semiconductor supply chains. Canilao emphasized the potential benefits for the Philippines. It could shift the country from assembly to higher-value manufacturing. Economic zones like AIC's estates may see new investments.

Concerns arise on resource pressure, notes Canilao. Increased demand challenges water and power sectors. However, she sees infrastructure improvements as possible outcomes. New locators might invest in power generation themselves.

Electricity costs remain high in the country. Edgar Chua, MBC chair, highlighted this issue. Companies may prefer building in-house power facilities. This choice can avoid high grid costs.

Water management could become more efficient. Technologies exist to meet high demands. Canilao noted improvements at AIC's LIMA Estate. Companies there adopted better water practices.

Chua also discussed political obstacles. Policy clarity is vital for Pax Silica's success. The government should communicate its benefits clearly. Policy frameworks need development to support new industries.

Workforce preparation requires attention too. Educational programs must align with emerging job needs. Authorities should identify future industries and adapt training efforts.