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The US-led Pax Silica initiative offers the Philippines a chance to strengthen its position in the global semiconductor supply chain for AI and advanced technologies. While the country has signed on and plans an industrial hub in New Clark City, questions remain about environmental impacts and whether the economic promises will materialize without a clear industrialization strategy and investment in local talent.

In 2018, 55% of the global population was in urban areas, and was projected to increase to 68% or 2.5 billion more people by 2050. Asia and Africa play a big role in these numbers, with approximately 90% of the growth occurring in these regions.