Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Sojitz-owned LDIC, BCDA in deal for digital infra feasibility study

by
October 10, 2024
in Top News
0
Sojitz-owned LDIC, BCDA in deal for digital infra feasibility study
0
SHARES
20
VIEWS
Share on FacebookShare on Twitter
BW FILE PHOTO

THE Bases Conversion and Development Authority (BCDA) said it entered into a partnership with a Japanese telecommunications tower operator to boost internet connectivity in four BCDA developments.

In a statement on Thursday, the BCDA said it signed a memorandum of understanding (MoU) with LBD Digital Infrastructure Corp. (LDIC) for a digital infrastructure project.

The project sites are New Clark City, Morong Discovery Park in Bataan, Camp John Hay in Baguio, and parts of Bonifacio Global City (BGC).

According to the BCDA, the MoU seeks to fast-track discussions with mobile network operators on the deployment and subleasing of common towers in the four BCDA sites.

“Our partnership with LDIC represents a significant step in our goal to ramp up internet connectivity in our developments,” BCDA President and Chief Executive Officer Joshua M. Bingcang said. 

“Through this initiative, we can build the right infrastructure that will advance and propel the digitalization of businesses and communities present in our developments,” he added.

LDIC is an independent tower operator majority owned by Japanese trading house Sojitz Corp. and Philippine partner New Founderco Holdings Corp.

LDIC is expected to determine the financial viability and feasibility of the digital infrastructure project and submit the pre-investment and business studies within one year.

The BCDA said that another tower operator, PhilTower Consortium, Inc., has also expressed interest in a partnership to improve digital connectivity in BGC, New Clark City, and Morong Discovery Park.

“To date, PhilTower currently has rooftop cell sites in New Clark City at the Government Building and the National Academy of Sports,” the BCDA said.

Meanwhile, the BCDA said that the commercialization of passive information and communications technology infrastructure in New Clark City is also in the works.

The project is expected to form the foundation for fiber infrastructure and retail internet services in the 9,450-hectare development. — Justine Irish D. Tabile

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Companies ‘frequently reminded’ of need for resilient supply chains

Companies ‘frequently reminded’ of need for resilient supply chains

Recommended

Petron lists P16.8B worth of shares on PSE

Petron lists P16.8B worth of shares on PSE

September 23, 2024
SMIC president optimistic amid easing inflation

SMIC president optimistic amid easing inflation

November 13, 2024
Nickel Price Update: Q1 2025 in Review

Nickel Price Update: Q1 2025 in Review

April 23, 2025
Final Round of German Government’s Digital Identity Wallet Innovation Competition Features Lissi GmbH

Final Round of German Government’s Digital Identity Wallet Innovation Competition Features Lissi GmbH

December 12, 2024
The Environmental Impact of Car Transport in Australia

The Environmental Impact of Car Transport in Australia

October 9, 2024
Transmission rates decrease in October — NGCP

Transmission rates decrease in October — NGCP

October 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    March 14, 2026
    Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered

    Cartier Cuts 7.1 g/t Au over 8.0 m at Portal ; New Shallow High-Grade Gold Zone Discovered

    March 14, 2026
    Crypto Market Update: Iran War Drives Oil Derivatives Boom on Crypto Exchange

    Crypto Market Update: Iran War Drives Oil Derivatives Boom on Crypto Exchange

    March 12, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved