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Philippines approves $3.6bn worth of digital infrastructure investment projects

Several players see their proposals green stamped and approved for tax benefits as South East Asia speeds up connectivity rollouts.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

July 31, 2023 | 12:09 AM BST

Philippines approves $3.6bn worth of digital infrastructure investment projects

The Philippines Finance Secretary Benjamin Diokno. Source: Minister's Office

The Tech Capital

The Philippines Finance Secretary Benjamin Diokno has announced that the Fiscal Incentives Review Board (FIRB) has approved 25 projects with a total investment capital of P287.9 billion (US$5.2 billion) since the start of President Ferdinand Marcos Jr.'s administration in June 2022.

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João Marques Lima

Founder and Editor, The Tech Capital

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