Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

P16.1B budget for digital infra projects okayed

MANILA, Philippines – Responding to calls for government to invest more in upgrading the country’s digital connectivity, the National Economic Development Authority board has approved some P16.1 billion allocation for the country’s infra flagship projects, which include the Department of Information and Communications Technology (DICT)’s National Broadband Program.

The approved funds, according to the NEDA website, will be earmarked for the Philippine Digital Infrastructure Project, including the adjustment cost for the parameters of the nine other ongoing gov’t. projects.

NEDA chief Arsenio Balisacan said the approval of the budgetary allotment for DICT’s broadband program will speed up the upgrade of broadband connectivity, particularly in isolated and disadvantaged areas or remote barangays in the country.

Strengthening the cybersecurity was reportedly part of the objective of the robust digital infra project allocation.

The P16.1-billion PDIP funds, which will be financed through the official development assistance from the World Bank, was primarily aimed at enhancing  the country’s broadband connectivity and bring high speed internet links to as far as the GIDAs.

It was also intended to augment the country’s vital digital infrastructure to bridge the gap among individuals, households and businesses, and stimulate private sector investments, and strengthen capacity for cybersecurity and for protecting critical information infrastructure.

Early last week, the World Bank has called on the Philippine government to increase its investment in broadband infrastructure as the country reportedly continues to lag behind its Asian neighbors when it comes to internet speed, affordability and access, creating an uneven landscape for digital participation.

“The Philippines needs reforms and increased investment in broadband infrastructure,” said a World Bank report.

The country’s digital infrastructure project, which is anchored on DICT’s National Broadband Program, involves the construction of a public broadband infrastructure network throughout the archipelago.

This network comprises five major components: backbone network, middle-mile network, access network

Read more on philstar.com