{"id":11607,"date":"2025-04-30T18:38:26","date_gmt":"2025-04-30T16:38:26","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=11607"},"modified":"2025-04-30T18:38:26","modified_gmt":"2025-04-30T16:38:26","slug":"empowering-the-future-innovative-data-center-projects-to-boost-information-technology-growth","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/30\/empowering-the-future-innovative-data-center-projects-to-boost-information-technology-growth\/","title":{"rendered":"Empowering the Future: Innovative Data Center Projects to Boost Information Technology Growth"},"content":{"rendered":"\n<p class=\"p3\"><span class=\"s2\">INVESTMENT promotion agencies (IPAs) are aiming to secure additional data center initiatives, stating that such infrastructure will facilitate more information technology (IT)-related operations.<\/span><\/p>\n<p class=\"p4\">\u201cData centers and telecommunications infrastructure are included in the roster of Board of Investments (BoI) priority sectors alongside renewable energy, electric vehicles, and eco-friendly metals,\u201d BoI Director for Infrastructure and Services Industries Service Mary Ann E. Raganit mentioned to reporters on Wednesday.<\/p>\n<p class=\"p4\">Up to this point, the BoI has sanctioned the registration of four data center initiatives, amounting to a total project expenditure of P40.14 billion and 81 megawatts (MW) of IT load capacity.<\/p>\n<p class=\"p4\">These comprise the newly inaugurated VITRO Sta. Rosa, the nation&#8217;s inaugural hyperscale data center designed to accommodate artificial intelligence workloads.<\/p>\n<p class=\"p4\">Situated in Sta. Rosa, Laguna, the 50-MW data center is being constructed by VITRO, Inc., a subsidiary of ePLDT.<\/p>\n<p class=\"p4\">\u201cAt the next management committee (meeting), I will showcase the two data center initiatives from Globe STT GDC, Inc., located in Fairview and Cavite,\u201d she noted.<\/p>\n<p class=\"p4\"><span class=\"s3\">As per the BoI, Globe STT GDC is seeking registration as an operator of telecommunications infrastructure under Tier I of the 2022 Strategic Investment Priority Plan.<\/span><\/p>\n<p class=\"p4\">The proposal encompasses the company\u2019s STT Cavite 2 Data Center, with a 6 MW capacity and 916 racks, and STT Fairview 1 Data Center, which has a 28 MW capacity and 4,200 racks.<\/p>\n<p class=\"p4\">Globe Telecom, Inc. indicated that the projects will be operational within the year.<\/p>\n<p class=\"p4\">Meanwhile, the Philippine Economic Zone Authority (PEZA) is also documenting data center initiatives.<\/p>\n<p class=\"p4\"><span class=\"s2\">Thus far, PEZA has recorded four data center initiatives with investments amounting to P3.96 billion.<\/span><\/p>\n<p class=\"p4\">These initiatives are Accenture, Inc., Alorica Teleservices, Inc., Foundever Asia, Inc., and YCO Cloud Malvar, Inc.<\/p>\n<p class=\"p4\"><span class=\"s4\">PEZA Director General Tereso O. Panga expressed his anticipation for the registration of a data center initiative from a US firm.<\/span><\/p>\n<p class=\"p4\">\u201cIt is a key sector because inviting data storage facilities will attract more IT companies that require substantial storage,\u201d he stated in an interview.<\/p>\n<p class=\"p4\">\u201cTherefore, it will benefit the Philippines, especially for economic resources, as we will draw more information technology and business process management-related activities,\u201d he concluded. \u2014 <b>Justine Irish D. Tabile<\/b><\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bworldonline.com\/economy\/2025\/04\/30\/669643\/data-center-projects-targeted-to-enable-more-infotech-activity\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT promotion agencies (IPAs) are aiming to secure additional data center initiatives, stating that such infrastructure will facilitate more information technology (IT)-related operations. \u201cData centers and telecommunications infrastructure are included in the roster of Board of Investments (BoI) priority sectors alongside renewable energy, electric vehicles, and eco-friendly metals,\u201d BoI Director for Infrastructure and Services Industries<\/p>\n","protected":false},"author":3,"featured_media":11608,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[2285],"class_list":["post-11607","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-and-markets","tag-return-a-list-of-comma-separated-tags-from-this-title-data-center-projects-targeted-to-enable-more-infotech-activity"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - 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