Philippines, UAE in agreement to develop data centers

Philippines, UAE in agreement to develop data centers

The Philippines has partnered with the United Arab Emirates to advance the country's digital economy, particularly through the development of up to 500 megawatts worth of high capacity data center projects, according to the Department of Trade and Industry.

DTI Secretary Alfredo Pascual inked a memorandum of understanding (MOU) with UAE Minister of Investment Mohamed Hassan Alsuwaidi to bolster economic alliances in digital infrastructure development.

Pascual said the agreement aims to advance the country's digital economy, particularly through the development of high capacity data center projects.

'This MOU serves as a framework for a stronger alliance of both countries in strengthening bilateral ties, particularly in the digital infrastructure sector,' Pascual said.

'Through the development of these centers, the Philippines is poised to thrive further in the global digital economy as these will be critical for storing essential data and running applications aligned with the country's vision of a robust growth in the digital ecosystem,' he added.

According to the Trade secretary, the data center projects to be developed under the partnership would reach a total capacity of up to 500 megawatts.

He said a key aspect of the agreement is focused on building relationships among public and private sector organizations