NextGen Day

MANILA, Philippines — At least four hyperscalers are considering investing in the Philippines through the Philippine Economic Zone Authority (PEZA), according to the investment promotion agency.

PEZA deputy director-general Tereso Panga said in an interview on Tuesday that the data center operators’ capacity spans from 30 to 100 megawatts.

Panga stated that the corporations are still awaiting the results of the May 9 elections before making an investment decision.

“These are huge players seeking a location right now,” he added, adding that the provinces of Bulacan, Cavite, and Laguna are being considered.

Hyperscalers are companies that offer scalable data storage.

According to a PEZA official, data center providers want to register their projects with the organization so that they are not subjected to the high power tariffs that exist outside of ecozones.

“Data centers consume a lot of power. They want to be co-located in the PEZA zone since only PEZA can supply a franchise and embedded power to run it in the ecozone. They will be subjected to standard power tariffs if they are not inside the ecozone, and this is a big-ticket item (project). “They’d prefer to be in an ecozone,” Panga continued.

PEZA has petitioned the Fiscal Incentives Review Board (FIRB) to include ecozone development among the economic activities eligible for tax breaks, according to him.

Save/Share this story with QR CODE

---

Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

Need to get in touch?

Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.

---

We appreciate your reading. Simple Ways To Say Thanks & Support Us:
1.) GIVE A TIP. Send a small donation thru Paypal
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).

---

AFFILIATE PARTNERS

World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.

---