THE World Bank has approved $287.24 million in funding for a digital infrastructure project that is expected to benefit more than 20 million Filipinos.
'A robust broadband connectivity infrastructure is not just a technological necessity; it's an essential cornerstone for the Philippines to boost growth and attain its goal of becoming an upper-middle-income country in the next couple of years,' World Bank Vice President for East Asia and Pacific Manuela Ferro said.The Philippines Digital Infrastructure Project is expected to address significant service gaps in rural areas, where 45.
The project will complete the national fiber optic backbone, linking international landing stations in Baler in Luzon and Davao City in Mindanao.Middle-mile investments will extend connectivity to underserved areas in regions such as the Western Visayas, Northern Mindanao and Soccksargen , using underground fiber optic cables to bolster climate resilience.
To Provide $287M For Digital Infra Project
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