March 26, 2023

INTEGRATED telecommunications provider PLDT said on Friday they have made major investments in multiple information and communications technology or ICT infrastructure that they expect to help drive the country’s digital transformation and further its position as the particular next electronic hub in the Asia-Pacific region.

PLDT’s announcements of major facilities build outs such as the new international link Jupiter cable system plus largest data center facility VITRO Sta. Rosa within Laguna is in support of the government’s mandate of sustaining economic growth.

The group said in their statement that the key projects significantly contribute to propelling the country’s digital system needed in order to support government initiatives and key industries.

“Aligned with our vision to empower every Filipino with digital innovations, we recognize the particular value associated with strong public and private sector collaboration to accelerate the electronic transformation of the country, ” Alfredo Panlilio, PLDT and Smart president plus chief executive officer, stated.

At the recent report of Trading Economics, the particular Philippines ranks 10th among Asian countries on a per gross domestic product (GDP) capita within correlation to the Digital Transformation index, with Singapore as the No . 1 in the region.

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The study shows how digital transformation as an integrator of digital technology into business results in high-technology general public spending, which brings economic growth.

Other studies, including a report from the World Bank team, shows the correlation between a country’s current level of digital change and the particular ease of doing business, citing indicators to measure aspects of business regulations that enhance business activities and those that constrain it.

There are indications that a high level of electronic transformation and the presence from the right digital infrastructure in a country contribute to higher levels of ease associated with doing

company and better GDP per capita.

“PLDT’s opportunities create the right infrastructure that will significantly propel the Philippines’ digital modification. This world-class infrastructure will certainly build and drive the particular hyperscale ecosystem — a key financial ambition of the country, ” Panlilio added.

The particular PLDT Group strongly commits to improving the state’s digital facilities, spending a total capital expenditure of over P518. 5 billion in the last 10 years including the massive build out of its fiber optic network. This network now spans more than 803, 000 kilometers, serving local plus global businesses, homes, authorities and individual customers.

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