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US firm investing P10.76 B to build 1,470 telco towers in PH

American firm SBA Communications Corp. is investing P10.76 billion for its project to build a total of 1,470 telecommunications towers in the country over a five-year period.
Trade and Industry (DTI) Secretary Ramon Lopez, who recently met with SBA officials in Washington DC, said the Board of Inve ....

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DTI in talks with US-based battery tech, telco tower firms

DTI Secretary Ramon Lopez (File photo) MANILA - Department of Trade and Industry (DTI) Secretary Ramon Lopez has discussed with executives from United States-based battery technology firm and independent tower company (ITC) regarding their investment plans in the country. In a statement Monday, Lopez said DTI officials, along with Defense Secretary Delfin Lorenzana, met with ZAF Energy Systems and Battery Grade Materials, Inc. (BGM) during a high-level diplomatic reception for government officials and business leaders in Washington D.C. last week. Lopez told ZAF chief executive officer Randy Moore that the planned investment of the firm and its affiliate company, BGM, could qualify for Tier II under the industrial value chain gaps of the proposed 2022 Strategic Investment Priority Plan (SIPP). ZAF-BGM eyes nickel hydroxide processing plant and battery manufacturing projects that can serve the demand for electric vehicles, as well as other applications for commercial and defense-related ....

United States , The Philippines , Maria Alexandra Velez , Ramon Lopez , Nicholas Van Slyck , Rodrigo Duterte , Randy Moore , Delfin Lorenzana , Communications Corp , Battery Grade Materials Inc , Telecommunications Towers Infrastructure , Energy Systems , Secretary Ramon Lopez , United States Based , Defense Secretary Delfin Lorenzana , Battery Grade Materials , Investment Priority Plan , Passive Telecommunications Towers Infrastructure , Dti Secretary Ramon Lopez File Photo Manila Department Of Trade And Industry Has Discussed With Executives From United States Based Battery Technology Firm Independent Tower Company Itc Regarding Their Investment Plans In The Country Ina Statement Monday , Opez Said Dti Officials , Long With Defense Secretary Delfin Lorenzana , Et With Zaf Energy Systems And Battery Grade Materials , Nc Bgm Duringa High Level Diplomatic Reception For Government Officials And Business Leaders In Washington Dc Last Week Lopez Told Zaf Chief Executive Officer Randy Moore That The Planned Investment Of Firm Its Affiliate Company , Ould Qualify For Tier Ii Under The Industrial Value Chain Gaps Of Proposed 2022 Strategic Investment Priority Plan Sipp Zaf Bgm Eyes Nickel Hydroxide Processing Plant And Battery Manufacturing Projects That Can Serve Demand Electric Vehicles , S Well As Other Applications For Commercial And Defense Related Equipment The Dti Said Estimated Value Projects Amounted To Usd400 Million Usd500 Php21 Billion Php26 Can Generatea Thousand Jobs Quot We Have Been Targeting Companies That Process Our Minerals Instead Of Exporting Them Raw Ore This Will Encourage High Processing In Country Is Line With Efforts Bring More Investments Under Leadership Guidance President Rodrigo Duterte , Uot Lopez Said Moreover ,