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PLDT, BOI join forces to attract global hyperscalers

Philippine network provider PLDT is collaborating with the Board of Investments in boosting the country’s digital infrastructure to attract hyperscalers or global technology companies that provide cloud and internet-based solutions.

In a virtual media launch “Philippines: The Next Strategic Hyperscaler Hub in Asia Pacific,” the private and public sector emphasized the potential of the country and the Asia Pacific to become the next hyberscaler hub. Global hyperscalers include the likes of Alibaba Cloud, Amazon Web Services, Google Cloud, and Microsoft Azure, among others.

“With the private and public sectors’ cooperation in driving our digital ecosystems to greater heights, we are confident that we are ready to open up our country as the next destination for hyperscalers,” said Jovy I. Hernandez, president and CEO, ePLDT and SVP & head for PLDT and Smart Enterprise Business Groups.

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Following the presentation of DTI’s “National Artificial Intelligence Roadmap” a few months ago, Trade Secretary and BOI chair Ramon Lopez is confident that along with government’s support to the private sector, the campaign will cement the foundation of the Philippine digital economy.

Green energy

“After being widely recognized as the outsourcing capital of the world, this is the natural next step for the Philippines, as our country now has all the necessary elements in place to make this happen. We have a thriving digital economy and a good economic profile. The digital readiness of our enterprises is helping propel our economic growth even further,” Lopez said.

Ceferino Rodolfo, managing head, BOI revealed during the event that there are two potential hyperscalers that may enter the country: one is from China and the other is from the United States.

The only other information revealed during the event was that they are interested in the Philippine’s green energy market.

“With the identification of the hyperscalers industry as one of our country’s newest and most strategic growth sectors, we fully support the move to make the Philippines a regional leader in the space,” said Raymond Ravelo, chief sustainability officer, Meralco Group. “We, in Meralco, recognize the role we play to spur and support the growth of hyperscalers by delivering not only reliable, and high quality energy, but also as we say earth friendly power.”