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EdgePoint's P50-B tower project endorsed for green lane processing

The Philippine Star

|

October 05, 2023

The Board of Investments (BOI) has endorsed a P50 billion telco tower project for green lane processing, in line with its efforts to accelerate strategic investments in the country.

- CATHERINE TALAVERA

EdgePoint's P50-B tower project endorsed for green lane processing

In a statement yesterday, the BOI said it granted green lane endorsement to Edge Point Tower, Inc.'s Common Passive Telecommunications Tower Infrastructure project.

According to the BOI, EdgePoint Tower will build and lease towers for telecommunications and digital services providers in the Philippines, aiming to own and manage approximately 6,400 shared passive telecommunications towers nationwide by 2030.

The telco infrastructure project is expected to generate around 9,700 jobs.

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