A DM-XTech Climate Change Mitigation Project

The Philippines: The World's Sovereign Home for AI Infrastructure

Clean energy. Constitutional IP protection. The jurisdiction AI companies are looking for.

IP Sovereignty
ATSIPA prohibition on compelled disclosure, backed by 35+ BITs and New York Convention arbitration
Clean Firm Power
3rd largest geothermal producer globally; targeted $0.07 to $0.10/kWh AI baseload via Malampaya CCGT
Scale and Connectivity
1.57M+ tech professionals, 500K+ STEM graduates/year, 25+ submarine cables, sub-20ms to Singapore
$500B+Global AI infra spend by 2030
2,034 MWInstalled geothermal (3rd globally)
$20-50B10-year investment target
98 BCFNew Malampaya East-1 gas discovery

The Philippines AI Sovereign Hub Initiative

Key Takeaways
  • The Philippines proposes the world's first statutory prohibition on compelled disclosure of AI intellectual property (the AI Technology Sanctuary and Investor Protection Act, or ATSIPA)
  • Energy strategy combines 2,034 MW of installed geothermal baseload (3rd globally) with a dedicated 500 to 1,200 MW Malampaya gas-to-power facility, targeting $0.07 to $0.10/kWh delivered cost
  • Four purpose-built AI Special Economic Zones in Clark, Laguna, Batangas, and Palawan, with Tier III/IV data center infrastructure standards
  • 10-year target: USD 20 to 50 billion in AI infrastructure investment, 250,000+ direct and indirect jobs, and recognition as a top-5 global AI infrastructure destination

The global artificial intelligence landscape is at an inflection point, and so is the Philippines' opportunity within it. Across the world, AI companies are facing a new kind of existential pressure: the demand by powerful governments that these companies surrender their most valuable intellectual assets under the guise of national security. This pressure has triggered a global search for a jurisdiction that combines democratic rule of law, economic competitiveness, energy reliability, and a credible legal commitment to investor protection.

The Philippines is that jurisdiction. Not by accident, but because its constitution, institutions, geography, people, and natural resources have converged to make it uniquely qualified for this moment. What is required now is the political will to act, and the unity of purpose among government, legislature, and the private sector to move with the speed and seriousness this opportunity demands.

Commitment 1
AI IP Sanctuary Law

The AI Technology Sanctuary and Investor Protection Act (ATSIPA) would categorically prohibit government-compelled disclosure of AI intellectual property.

Commitment 2
AI Investor Tribunal

A purpose-built quasi-judicial body with exclusive jurisdiction over AI investment disputes, 72-hour emergency relief, and ICSID-compliant arbitration pathways.

Commitment 3
AI Special Economic Zones

Four dedicated zones in Clark, Laguna, Batangas, and Palawan, purpose-built for hyperscale AI data center and research operations at Tier III/IV standards.

Commitment 4
Guaranteed Firm Power

Long-term AI Energy Infrastructure Program anchored in geothermal baseload and Malampaya gas-to-power capacity, delivering stable firm power below regional benchmarks.

Commitment 5
Competitive Fiscal Terms

CREATE Act incentive package offering among Asia's most competitive effective tax rates, with bespoke arrangements for landmark investments above USD 100 million.

Commitment 6
Investment Diplomacy

Coordinated international campaign through Philippine embassies, bilateral channels, and multilateral partnerships targeting the world's leading AI companies.

Projected Impact (10-Year Horizon)

MetricEstimate / Target
Total Investment Target (10-yr)USD 20 to 50 Billion
Direct Jobs Created50,000 to 80,000 (high-skilled)
Indirect Employment180,000 to 250,000
GDP Contribution (est.)PHP 2 to 4 Trillion over 10 years
Power Demand (at scale)2,000 to 5,000 MW dedicated AI load
Geothermal + Gas Output2,000 to 3,200+ MW (combined)
Target AI Companies (first wave)12 to 15 global AI leaders
ADB Financing TargetUSD 2 to 3 Billion (green infrastructure)

Team & Advisory Board

The PASHI initiative is led by experienced professionals with deep backgrounds in infrastructure, energy, policy, and technology investment.

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[Project Lead Name]

[Title], DM-XTech

[Track record: prior infrastructure, energy, or DFI project experience. $XXM+ in project value delivered.]

?
[Energy Advisor Name]

Senior Energy Advisor

[Track record: prior geothermal, gas-to-power, or renewable energy experience. Named projects.]

?
[Legal Counsel Name]

International Legal Advisor

[Track record: BIT/ICSID arbitration, investor-state disputes, IP law in emerging markets.]

?
[Technology Advisor Name]

AI Infrastructure Advisor

[Track record: prior hyperscaler, GPU-cloud, or data center deployment experience.]

Independent Validation

Legal Opinion: [Name of international law firm] has been engaged to issue a policy note on ATSIPA enforceability and Tribunal structure. Executive summary forthcoming.
Engineering Assessment: [Name of engineering firm] has been commissioned to prepare a pre-feasibility summary for the Malampaya AI Power Facility and EGS-E pilot zone(s). Publication expected [quarter/year].

Partners & Endorsements

The PASHI initiative is building a coalition of government agencies, technology companies, energy developers, and multilateral partners.

[Partner Logo 1]
[Partner Logo 2]
[Partner Logo 3]
[Partner Logo 4]
[Partner Logo 5]

"[Quote from AI infrastructure partner on why the Philippines proposition is attractive, subject to legislation and final agreements.]"

[Partner Name], [Title]

[Company] | LOI/MoU Signed [Date]

"[Quote from DFI or local conglomerate partner on commitment to the initiative.]"

[Partner Name], [Title]

[Organization] | Indicative Interest [Date]

Why This Moment Is Critical

The AI Infrastructure Explosion

Artificial intelligence has ceased to be a niche technology. It is the foundational infrastructure of the 21st-century economy. Global AI infrastructure investment is projected to exceed USD 500 billion by 2030, generating 200 to 500 GW of new power demand, comparable to the entire installed capacity of France.

The Sovereignty Crisis

The United States has invoked export control regulations. China has asserted state authority over data and algorithms. The European Union has imposed comprehensive AI regulatory requirements. AI infrastructure is strategic national infrastructure. The companies building it are looking for jurisdictions that will not treat their IP as a sovereign asset to be extracted.

The Philippine Opportunity

The Philippines is positioned to compete on something far more durable than subsidies: the rule of law, geological endowment, and a deep, English-speaking technology workforce. These are structural advantages that cannot be replicated by a government spending program.

AI Sovereignty Pressure: The Global Squeeze
GOVERNMENTS US Export Controls EU AI Act China Data Laws IP Compulsion Risk Sovereignty Assertion AI COMPANIES Model Weights at Risk Training Data at Risk Architecture IP at Risk Seeking Safe Harbor Urgently Relocating PHILIPPINES ATSIPA Safe Harbor Constitutional Protection Geothermal Baseload The Philippines: Where AI Companies Find Safe Harbor Constitutional democracy | ATSIPA | Geothermal baseload | 1.57M tech professionals

PASHI Investment Deck

Full interactive presentation for investors, government leaders, and AI executives.

How the Philippines Compares

Key Takeaways
  • 30 to 50% energy cost advantage over Singapore, the current dominant regional AI hub
  • Only jurisdiction in Southeast Asia proposing statutory prohibition on compelled AI IP disclosure
  • Sub-20ms latency to Singapore, sub-30ms to Tokyo via 25+ submarine cable systems
  • AI engineer salaries at 12 to 25% of US equivalents, with no language barrier

All-In Power Cost for AI Data Centers (USD/kWh)

Philippines
$0.07-0.12
United States
$0.08-0.13
UAE
$0.09-0.14
Japan
$0.15-0.20
Singapore
$0.18-0.22
DimensionPhilippinesSingaporeUAEUS (Virginia)
AI IP Sanctuary LawATSIPA (proposed)NoneNoneNone (FISA risk)
Power Cost ($/kWh)$0.07 to 0.12$0.18 to 0.22$0.09 to 0.14$0.08 to 0.13
Clean BaseloadGeothermal 24/7Imported LNGNatural gasMixed grid
Latency (SG)Sub-20msLocal~65ms~180ms
AI Eng. Salary (USD)$16K to 32K$60K to 100K$50K to 80K$130K to 200K
Land AvailabilityExtensive (SEZs)Severely limitedModerateCompetitive
Democratic Rule of LawConstitutionalYes (limited)NoYes (FISA concerns)
ICSID / BIT Network35+ BITsYesYesYes

The Philippines offers the only combination of statutory AI IP protection, geothermal clean baseload, and cost-competitive infrastructure in the ASEAN region.

CREATE Act Fiscal Incentives for AI Companies

IncentiveProvision
Income Tax Holiday4 to 7 years of full corporate income tax exemption from date of registration
Special Corporate Income Tax5% on gross income after ITH period, replacing all national and local taxes
R&D Deduction50% additional deduction on qualified R&D expenditures for the life of the incentive
VAT Zero-RatingOn purchases of capital equipment, goods and services directly attributable to AI operations
Duty-Free ImportationGPUs, servers, networking equipment, cooling systems, and spare parts
No Local Government TaxesFull exemption for PEZA-registered enterprises
Land Use Rights25-year guaranteed leasehold in AI SEZs, renewable for 25 years
Customs Fast-TrackPEZA single-window customs processing within 48 hours for priority AI imports

Indicative Colocation Pricing (AI-Grade, Per kW/Month)

Philippines (target)
$80-120
Malaysia (JB)
$100-140
US (Virginia)
$130-180
Singapore
$180-250
Tokyo
$200-280

Indicative ranges for AI-grade (high-density, liquid-cooled capable) colocation. Actual pricing subject to SEZ operator contracts, power density, and commitment terms. Philippines pricing is a target based on the energy cost advantage and SEZ incentive structure.

From Immediate Clean Power to Sovereign Baseload

Key Takeaways
  • Immediate-term: Clark Clean-Power Relocation Bridge (solar + BESS) for first movers. Operational within 12 months.
  • Medium-term: Dedicated Malampaya CCGT gas-to-power facility (500 to 1,200 MW). SC38 extended to 2039; new East-1 discovery adds 98 BCF to reserves.
  • Long-term: Geothermal baseload scaling via EGS, AGS, and EGS-E technologies. Target 60% renewable blend by 2040.
  • SC38 operated by Prime Energy (Razon-led consortium) with UC38 LLC, PNOC-EC, and Prime Oil and Gas. $893M committed to Phase 4 drilling.

The Clark Clean-Power Relocation Bridge

Relocate now. Establish operations. Retain the right to migrate into the permanent sovereign hub architecture as it comes online.

Clark Bridge Delivers:
  • Utility-scale solar platform with near-load BESS for firming and flexibility
  • REC/EAC-backed clean-power claims aligned with hyperscaler carbon commitments
  • Competitive market supply under RCOA framework (100 kW threshold)
  • Formal REC issuance through the Renewable Energy Market (REM)
Staged De-risking:
Stage 1: Onboarding and EnergizationSecure route, site, delivery, and anchor offtake. First relocation agreements executed.
Stage 2: Platform ValidationProve demand, certificate handling, and operational reliability. REC issuance live.
Stage 3: Migration and ScaleTransfer customers into sovereign hub architecture. Clark becomes permanent intake hub.

The Philippines Geothermal Advantage: Four Technology Tiers

The Philippines is the world's 3rd largest geothermal power producer with 2,034 MW installed capacity. Its position on the Pacific Ring of Fire provides unmatched access to subsurface heat resources at every technology tier.

1
Conventional Geothermal

2,034 MW operational, approximately 14% of national electricity generation. 99.999% uptime at near-zero carbon emissions. Uninterruptible 24/7/365 power essential for AI training runs.

2
Enhanced Geothermal (EGS)

Creates engineered reservoirs in hot dry rock. The Philippines' high subsurface temperatures and naturally fractured rock make it among the world's most promising EGS locations.

3
Advanced Geothermal (AGS)

Sealed, closed-loop pipes through underground formations. No fluid exchange with rock: eliminates contamination risk, induced seismicity, and water loss. Can leverage idle wells to lower capex.

4
EGS-E (Excavation-Based)

The frontier. Mechanically excavates room-and-pillar cavern complexes at 3 to 5 km depth in hot dry rock, creating massive thermal reservoirs with potentially orders of magnitude more heat.

Malampaya Update (January 2026)

The Malampaya East-1 discovery, announced by President Marcos on January 19, 2026, confirms 98 BCF of additional natural gas, boosting remaining recoverable volumes by approximately 30%. SC38 has been extended to February 2039 under operator Prime Energy. The consortium has committed $893 million to Phase 4 drilling, with the Camago-3 and Bagong Pag-asa wells underway.

Malampaya AI Power Facility: Key Parameters

ParameterSpecification
Plant TypeCombined-Cycle Gas Turbine (CCGT), highest thermal efficiency class
Proposed Capacity500 to 800 MW (Phase 1), expandable to 1,200 MW (Phase 2)
Thermal Efficiency55 to 60% (vs. 38 to 42% open-cycle; 32 to 38% coal)
Generation Cost$0.07 to $0.10/kWh at current gas transfer prices
Carbon Intensity~380 to 420 kg CO2/MWh (vs. ~820 kg for coal; zero for geothermal)
Ramp Rate100% load in under 30 minutes (ideal for variable AI compute demand)
Gas SupplyMalampaya SC38 (primary); FGEN LNG terminal (backup/supplement)
SC38 OperatorPrime Energy Resources Dev. B.V. (Razon-led consortium)
SC38 PartnersUC38 LLC, PNOC Exploration Corp., Prime Oil and Gas Inc.
SC38 TermExtended to February 2039
Est. Capital CostUSD 600M to 1.2B (Phase 1)
Construction Timeline36 to 48 months from financial close
FinancingBOT/PPP model; ADB ETM eligible; private developer EPC
Geothermal Technology Tiers by Depth
0 to 3 km Tier 1: Conventional Geothermal Natural Reservoirs | 2,034 MW Operational | 99.999% Uptime 3 to 5 km Tier 2: Enhanced Geothermal Systems (EGS) Engineered Reservoirs in Hot Dry Rock | High-Pressure Fluid Injection 3 to 7 km Tier 3: Advanced Geothermal Systems (AGS) Sealed Closed-Loop Pipes | Zero Contamination | No Induced Seismicity 5 to 10 km Tier 4: EGS-E (Excavation-Based) Room and Pillar Caverns at Depth | Frontier Technology Increasing Temperature and Depth ↓ Philippines: Unique access to all four tiers via Ring of Fire geological position

Financial Architecture and Capital Stack

Key Takeaways
  • Indicative total program CAPEX of USD 5 to 12 billion across generation, transmission, and SEZ build-out over 10 years
  • Target blended capital stack: 30% sovereign/government support, 40% DFI/export credit, 30% private equity and infrastructure funds
  • Target all-in power tariff to AI customers: $0.07 to $0.10/kWh under 15 to 25 year PPAs
  • ADB financing target: USD 2 to 3 billion across sovereign loans, ETM facility, credit guarantees, and technical assistance

Indicative Capital Stack

Sovereign / Government Support~30%
DFI / Export Credit / Blended Finance~40%
Private Equity / Infra Funds / Strategic Tech Investors~30%

Land, tax incentives, equity participation (sovereign); concessional debt, guarantees, green bonds (DFI); project finance, equity tranches, revenue-backed notes (private)

CAPEX ComponentIndicative RangePrimary Financing
Malampaya CCGT (Phase 1)USD 600M to 1.2BADB ETM + Private PPP
Geothermal / EGS DevelopmentUSD 1B to 3BADB + JBIC + Private equity
Grid / Transmission InfraUSD 500M to 800MADB Sovereign Loan
Solar + Wind + BESSUSD 800M to 2BGreen bonds + Private
SEZ Build-out (4 zones)USD 2B to 5BPrivate + IFC equity
Submarine Cable / ConnectivityUSD 300M to 500MJICA + Telecom JVs
Partner / InstrumentProposed StructureEstimated Amount
ADB: Grid InfrastructureSovereign lending for AI SEZ transmission and grid reinforcementUSD 500M to 800M
ADB: ETM Gas-to-PowerConcessional debt + political risk guarantee for Malampaya AI Power FacilityUSD 800M to 1.2B
ADB: Credit GuaranteeEnhance creditworthiness of private AI investmentsUSD 500M capacity
ADB: Technical AssistanceLegal drafting, regulatory design, international benchmarkingUSD 5M to 10M
IFC (World Bank Group)Direct equity or quasi-equity in AI SEZ infrastructure developerProject-specific
US DFC + EXIM BankDemocratic AI infrastructure investment; US-manufactured equipment financingTo be negotiated
JICA / JBIC (Japan)Submarine cable upgrades, grid modernization co-financingTo be negotiated

Indicative Project-Level IRR Scenarios

ScenarioOccupancy (Yr 5)Power TariffEquity IRR RangePayback (est.)
Conservative40% SEZ occupancy$0.10/kWh8 to 12%10 to 12 years
Base Case65% SEZ occupancy$0.085/kWh14 to 18%7 to 9 years
Aggressive85% SEZ occupancy$0.075/kWh20 to 25%5 to 7 years

Indicative ranges based on blended CAPEX of $5 to 12B, 30/40/30 capital stack, and PPA revenue assumptions. Subject to detailed financial modeling, due diligence, and market conditions. Not investment advice.

Proposed Asset Ownership and Commercialization Structure

AssetOwnership VehicleKey Stakeholders
Malampaya AI Power FacilityProject SPV under BOT/PPPPrivate developer (EPC lead), ADB (concessional debt), DOE (oversight)
AI SEZ Land & Common InfrastructureAI SEZ Authority (statutory body)Government land contribution; private infrastructure JVs per zone
Data Center Shells & CampusesPrivate developer JV / REIT-eligibleLocal conglomerates + international DC operators; IFC equity eligible
Grid & Transmission AssetsNGCP (transmission); dedicated SEZ substations under PPPADB sovereign loan; NGCP capex program
Submarine Cable UpgradesTelecom consortium JVPLDT, Globe, Converge, international cable operators; JICA co-financing
Geothermal / EGS DevelopmentService contract model (DOE)Private developers; ADB de-risking facility; JBIC co-financing

Structures are indicative. Final ownership models will be determined through BOI/PEZA registration, PPP procurement, and ADB project structuring processes.

AI Special Economic Zones

PASHI AI Special Economic Zone Locations
Clark AI SEZ Primary AI Hub Laguna AI SEZ R&D / GPU Compute Batangas AI SEZ Cable Landing Hub Palawan AI SEZ Sovereign Secure

Clark AI SEZ (Pampanga)

Role
Primary intake hub and early-commercial platform; first operational zone
Power
Clark Clean-Power Bridge (immediate); Malampaya CCGT (bridge); geothermal (long-term)
Infrastructure
Luzon's largest industrial land bank; international airport; direct fiber to submarine cables
Focus
Global AI hyperscalers and cloud providers

Laguna AI SEZ

Role
University-linked AI research and high-density GPU compute
Power
Malampaya gas firming; grid reinforcement under NGCP/ADB program
Infrastructure
Proximity to UPLB, DLSU-Laguna, private R&D campuses
Focus
AI R&D, model training, academic-industry collaboration

Batangas AI SEZ

Role
Deep-sea cable landing hub; low-latency Pacific interconnect
Power
Renewable-dominant (solar + offshore wind); gas backup
Infrastructure
Port of Batangas; existing PLDT, Globe, Converge cable landings
Focus
Submarine cable and AI CDN infrastructure

Palawan AI SEZ

Role
Proximity to Malampaya; strategic South China Sea positioning
Power
Malampaya gas direct supply; priority for offshore wind development
Infrastructure
Strategic military and logistics positioning; clean environment
Focus
Sovereign secure compute; government AI infrastructure
Baseline Infrastructure Standards (All Zones)

Dedicated primary substations with dual utility feeds. Pre-approved building envelopes for air-cooled and liquid-cooled (direct-to-chip) GPU architectures. Direct fiber to international submarine cables (minimum 2 diverse cable systems per SEZ). SOC 2 Type II compliant physical security. Seismic-resistant construction per NSCP standards. 99.999% power availability guaranteed through infrastructure design.

Initiative Progress Dashboard

Real-time status of key workstreams. Updated quarterly. Last update: Q1 2026.

In Progress
ATSIPA Legislation
White paper finalized. Bill drafting underway for Congressional filing in Q2 2026.
In Progress
Malampaya Phase 4
East-1 discovery confirmed (98 BCF). Camago-3 drilling underway. $893M committed by Prime Energy consortium.
On Track
Clark Bridge Design
Solar + BESS platform site secured. Engineering design phase. Target energization within 12 months.
In Progress
ADB Engagement
Pre-feasibility discussions initiated. ETM facility and sovereign loan instruments under review.
On Track
White Paper Release
Version 1.1 published March 2026. International distribution underway via DFA channels.
In Progress
AI Investor Tribunal
Institutional design complete. Enabling legislation to be filed with ATSIPA.
Planned
Investor Forum Manila
Target: H2 2026. Co-convened with ADB. CEO-level diplomatic outreach to top 15 AI companies.
On Track
SC38 Extension
Contract renewed to February 2039 under Prime Energy operatorship. Gas supply secured.

Execution Roadmap

The window of opportunity is real, but it will not remain open indefinitely. Other jurisdictions are moving. Speed and sequencing matter.

Phase 1: Foundation 2026 (Mo 1-12) Phase 2: Build 2027-2029 (Mo 12-48) Phase 3: Scale 2030-2036 (Yr 4-10)
Current Focus
Phase 1

Foundation

Months 1 to 12 (2026)

"Establish Legal, Institutional and Diplomatic Architecture"

  • Presidential proclamation designating PASHI as national priority
  • Filing and passage of ATSIPA through Congress
  • Clark Clean-Power Bridge: site, solar + BESS procurement, anchor engagement
  • DOE initiation of Malampaya AI Power Facility feasibility
  • Formal engagement of ADB, IFC, DFC, JBIC
  • First MOUs with qualified AI investors
Phase 2

Build

Months 12 to 48 (2027-2029)

"Break Ground and Execute First Agreements"

  • Financial close and groundbreaking for Malampaya AI Facility
  • Clark Bridge energization: first AI relocations operational
  • Clark AI SEZ Phase 1 infrastructure construction
  • Registration of first 2 to 3 AI company investments
  • AI Investor Tribunal operationalized
  • National AI Talent Development Program launched
Phase 3

Scale

Years 4 to 10 (2030-2036)

"Achieve Critical Mass and Global Recognition"

  • 500+ MW operational AI data center capacity
  • 10 to 15 major AI companies registered
  • Malampaya Phase 2 expansion to 1,200 MW
  • EGS deployment scaling toward new gigawatts
  • 30% renewable blend in AI SEZ power mix by 2035
  • Top-5 global AI infrastructure destination

Risk Analysis and Mitigation

International treaty anchoring (BITs, ICSID) makes investor protections independent of domestic political change. Constitutional property rights provide additional durability across administration changes. ATSIPA's independent tribunal design specifically insulates dispute resolution from executive branch direction.
LNG terminal backup supply (FGEN LNG terminal at Batangas); SC38 extended to February 2039 under Prime Energy operatorship; new East-1 discovery adds 98 BCF boosting remaining recoverable volumes by approximately 30%; Phase 4 drilling campaign underway with $893M committed; contractual gas supply guarantees in PPAs. The Malampaya AI Power Facility is designed with LNG switchover capability from commissioning.
Allied power engagement; strong EEZ rights assertion per the 2016 Permanent Court of Arbitration ruling; infrastructure hardening of subsea cable routes and energy assets; diversified energy mix reducing single-source dependency. US DFC investment engagement creates allied power interest in Philippine infrastructure security.
Philippines offers the unique combination of statutory AI IP protection + 30 to 50% lower energy costs + democratic governance + geothermal baseload that competitors cannot fully replicate. Singapore has no AI IP sanctuary law and $0.18 to 0.22/kWh power costs. The UAE lacks democratic governance. Speed of execution is the key differentiator.
EGS-E is frontier technology and is not yet commercially proven at scale. The energy strategy does not depend on EGS-E in the near or medium term. Conventional geothermal (2,034 MW operational) provides proven baseload. EGS (not EGS-E) is advancing globally with Fervo Energy's commercial-scale plant scheduled for 2026. EGS-E is positioned as a long-term option, with fallback to solar + BESS and LNG if deployment lags.
Dedicated AI SEZ substations with redundant dual utility feeds; onsite backup generation requirements for all AI SEZ tenants; NGCP transmission upgrades as part of ADB-financed grid reinforcement program. AI SEZ power infrastructure is designed to operate independently of the broader Luzon grid during grid events.

Frequently Asked Questions

Key questions from AI executives and institutional investors, answered directly.

Yes. Under the Foreign Investments Act (as amended by RA 11647), foreign investors may own 100% of enterprises in AI, data center operations, and related technology services. PEZA-registered enterprises in AI SEZs receive additional streamlining. The 60/40 ownership restriction applies to certain sectors (e.g., land ownership, public utilities) but not to AI operations.
The Philippine Peso (PHP) is a freely convertible currency. PEZA-registered enterprises enjoy full foreign exchange liberalization, including unrestricted repatriation of profits, dividends, and capital. BIT protections guarantee free transfer of returns. Power Purchase Agreements for AI SEZs can be denominated in USD to hedge currency risk.
ATSIPA guarantees any Certified AI Sanctuary Enterprise the right to exit the Philippines with its technology and data assets within 60 days, free of government restriction, at any time. This right is backed by constitutional property protections and enforceable through international arbitration under the New York Convention.
Under the CREATE Act (RA 11534), qualified AI companies registered as PEZA IT Enterprises or BOI-registered entities receive: 4 to 7 year Income Tax Holiday (full exemption); followed by 5% Special Corporate Income Tax on gross income (replacing all national and local taxes); 50% additional deduction on R&D expenditures; duty-free importation of GPUs, servers, cooling systems, and networking equipment; and VAT zero-rating on capital equipment.
SC38 has been extended to February 2039. The new East-1 discovery (January 2026) adds 98 BCF, boosting remaining recoverable volumes by approximately 30%. The Phase 4 drilling campaign ($893M committed) targets additional production from Camago-3 and the Bagong Pag-asa exploration well. The Malampaya AI Power Facility is designed with dual-fuel capability, allowing seamless switchover to LNG from the FGEN terminal at Batangas to ensure supply continuity beyond 2039 if needed.
Singapore's industrial electricity costs are approximately $0.18 to $0.22/kWh. The Philippines' target is $0.07 to $0.12/kWh through a combination of geothermal baseload, Malampaya CCGT, and renewable capacity, representing a 30 to 50% energy cost advantage. Singapore also faces severe land constraints and has no equivalent AI IP protection legislation. However, Singapore offers lower regulatory friction and more mature digital infrastructure, which the Philippines aims to match through AI SEZ standards and ADB-financed grid upgrades.

What Each Stakeholder Must Do

This initiative requires coordinated, urgent action from every branch of government, the business sector, and international partners. The window is open, but it will not remain so indefinitely.

For the Executive Branch

  • Issue a Presidential Proclamation designating PASHI as a national priority within 60 days
  • Direct the DOE to initiate the Malampaya AI Power Facility feasibility study
  • Direct the DFA to brief all relevant ambassadors and initiate BIT amendment processes
  • Commission the BOI to establish a dedicated AI Investment Office within 90 days

For Congress

  • Prioritize filing, hearing, and passage of ATSIPA within the first legislative semester
  • Convene joint committee hearings: Trade and Industry, Energy, Science and Technology, Finance
  • Enact CREATE Act amendments for AI SEZ fiscal incentive designation
  • Pass enabling legislation for the AI Investor Tribunal

For the Business Sector

  • IT-BPM sector, PCCI, FINEX, and IBPAP to formally endorse and champion PASHI
  • Philippine conglomerates to engage on AI SEZ development partnerships
  • First Gen, SMC Global Power, and ACEN to assess roles in the Malampaya AI Power Facility PPP
  • Universities and private sector to develop an AI Talent Surge Program targeting 100,000 additional AI-qualified graduates within five years

For ADB and Multilateral Partners

  • Formally designate PASHI as a flagship program under digital economy and energy transition mandates
  • Initiate pre-feasibility assessments for financing instruments
  • Provide technical assistance for ATSIPA drafting and AI SEZ masterplanning
  • Co-convene an International AI Infrastructure Investment Forum in Manila in H2 2026

The Philippines Has Done This Before. In manufacturing. In BPO. In remittances. Each time, the nation built industries that transformed its economy and lifted millions of families. The Philippines has the capacity, and now the opportunity, to do it again in artificial intelligence.

"Powered by the Earth. Protected by Law."

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