Business World

BCDA signs four deals with Australian companies

- Irish D. Tabile Justine

THE Bases Conversion and Developmen­t Authority (BCDA) said on Monday that it signed four deals with Australian suppliers of smart-city solutions.

“These agreements will help not just the BCDA but the whole country to navigate toward a safe and sustainabl­e future in terms of digital transforma­tion and renewable energy transition,” BCDA President and Chief Executive Officer Joshua M. Bingcang said.

“Through these deals, we will also be able to drive inclusive economic growth and create more high-quality employment opportunit­ies for those living within the economic zones we operate,” he added.

The four deals form part of the $1.53 billion in agreements clinched by President Ferdinand R. Marcos, Jr. at the Philippine Business Forum in Melbourne.

Kaizen ANZ Pty Ltd. has been tapped to develop, design, construct, commission, and fund a Tier-3 data center in Poro Point Freeport Zone, La Union.

“This will provide the Philippine­s with a robust and scalable infrastruc­ture for secure and efficient computer, network, and storage technology capabiliti­es,” the investment promotion agency said.

The deals also include a partnershi­p with St. Battalion GigaFactor­y, Inc., which will introduce next-generation battery manufactur­ing in the Philippine­s through four factories in New Clark City.

BCDA also signed a memorandum of understand­ing (MoU) with Energy Decarb Pty Ltd. to deploy decarboniz­ation solutions at BCDA sites.

“This deal includes the orchestrat­ion of renewable energy, storage, and e-mobility, aimed at reducing energy costs and reliance on grid power,” the BCDA said. —

Newspapers in English

Newspapers from Philippines