DIGITAL infrastructure efforts in the Philippines are catching up with regional peers and could boost foreign investment in the country's information and technology sector, a Fitch Group unit said, but significant challenges remain.

"We continue to highlight the upsides provided by strategic government initiatives to boost last-mile rollouts of fiber-optic infrastructure, and we consequently expect the Philippines Digital Infrastructure Project (PDIP) to catalyze further foreign investment in the Philippines' wider ICT (information and communication technology) ecosystem," BMI Country Risk & Industry Research said in a report on Wednesday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details