The World Bank has approved a $287.24-million loan to support the Philippines' Digital Infrastructure Project, aiming to enhance broadband connectivity and resilience against climate change and other disruptions.
THE World Bank Board of Executive Directors has approved a new broadband internet connectivity project for the Philippines that seeks to make the country more resilient in the face of climate change and other potentially disruptive events.
“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,” said Manuela V. Ferro, World Bank Vice President for East Asia and Pacific.
This project, the Washington-based lender said, will complete the remaining parts of the national fiber backbone, connecting the two main international landing stations in Baler and Davao City . The World Bank also said the project will create infrastructure foundations that will connect public institutions, schools and hospitals in Eastern Mindanao, along with free-Wi-Fi access points in these facilities. These facilities will pave the way for commercial operators to offer last-mile internet services for households.
International Development Broadband Connectivity Climate Change Philippines Digital Economy
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