Foreign business groups have reiterated their call on the government to approve a bill to improve broadband infrastructure in the country as part of the accelerated digital switchover in the event of a pandemic.
In a statement on Tuesday, the seven members of the Joint Foreign Chambers (JFC) said they were optimistic Congress would give the green light at its third regular session to the open access in data transmission bill. .
âThe legislation aims to fill critical gaps in broadband infrastructure by attracting more companies to invest in the data and broadband sector,â JFC said.
Foreign Chambers noted that the House of Representatives approved House Bill 8910 on second reading. However, the Senate counterpart bill is still pending before the Science and Technology Committee, they added.
The JFC is also eagerly awaiting any mention of the bill during the president’s latest State of the Nation address on July 26. Private sector groups recommend certifying the measure as urgent to underscore its importance on economic recovery, competition and broadband investments.
âThe country’s digital infrastructure is not as good as the infrastructure of competing countries in the region. Notes from the World Economic Forum, where the Philippines is generally behind Thailand, Malaysia, Indonesia, Singapore and increasingly behind Vietnam, indicate that the Philippines has a less robust and competitive digital infrastructure, ânoted the JFC.
The pandemic, which has caused widespread mobility restrictions, has proven the need to develop a robust digital infrastructure, the joint statement says.
Once enacted, the Open Access Bill will provide a competitive policy and regulatory framework that relaxes the conditions for entry into the data transmission market,
“Without substantial new investment and competition in each of the four ‘miles’ of the broadband industry, the recovery from the pandemic will be slower and Filipinos will be less well served than their ASEAN counterparts,” the groups warned. companies.
The signatories to the declaration are the American Chamber of Commerce in the Philippines, the Australian New Zealand Chamber of Commerce in the Philippines, the Canadian Chamber of Commerce in the Philippines, the European Chamber of Commerce in the Philippines, the Chamber of Commerce and Industry Japan of the Philippines, Korean Chamber of Commerce of the Philippines and Regional Headquarters of the Philippine Association of Multinational Enterprises Inc.