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
7
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

UNDP, IBM tap AI tools to model equitable access to energy

UNDP, IBM tap AI tools to model equitable access to energy

September 24, 2024
MPT South plans P14-B capex for 2025 projects

MPT South plans P14-B capex for 2025 projects

September 23, 2024
Manila Water unit working on 3 Calbayog projects

Manila Water unit working on 3 Calbayog projects

September 5, 2024
Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

July 7, 2025
Major Cryptocurrencies Experience Significant Declines

Major Cryptocurrencies Experience Significant Declines

January 28, 2025
Think tank urges Labour to consider inheritance and road pricing in budget proposals

Think tank urges Labour to consider inheritance and road pricing in budget proposals

September 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.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved