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Poor IT infrastructure impacts business in Southeast Asia

Developing Asia will need to invest US$26tn from 2016 to 2030, or US$1.7tn per year, if the region is to maintain its growth momentum, according to the Asian Development Bank (ADB).

China accounts for nearly half of the US$1.7tn total annual requirement but its infrastructure gap is much smaller than the Asian average after a quarter century of unprecedented investment. 

Investments in telecommunications will need to reach US$2.3tn. If fulfilled, such investment will come as welcome news to many businesses impacted by the region’s underdeveloped telecoms infrastructure.

Philippines considers PPP for NBN plan

The Philippines government is considering convening a public private partnership to manage the implementation of its planned national broadband network.

The Department of Information and Communications Technology (DICT) has approached the PPP Center with assistance in implementing the 77.9 billion peso ($1.53 billion) national broadband network project, the Philippine Daily Inquirer reported.

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