The Board of Investments (BOI) said Wednesday it granted green lane endorsement to the Common Passive Telecommunications Tower Infrastructure Project
Board of Investments Governor Marjorie Ramos-Samaniego awards the Green Lane certificate of endorsement to executives of EdgePoint Tower Inc. for its common passive telecommunications tower infrastructure project.
EdgePoint Tower will build and lease towers for telecommunications and digital services providers in the Philippines, targeting to own and manage about 6,400 shared passive telecommunications towers nationwide by 2030.
Through continuous innovation and the use of the latest technology, the project aims to elevate the methods by which telecommunication infrastructure is developed, operated, and maintained in the Philippines. It will optimize tower design to use fewer materials and will begin using indigenous materials to replace steel elements. To lower its carbon impact, the project will promote the use of renewable energy to power telecommunications infrastructure installations.
Telco infrastructure is one of the priority sectors of the BOI alongside EVs, smart/high-tech lighting manufacturing, outsourced semiconductor assembly and test, green metals, high-tech agriculture, renewable energy and data centers.
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