Sunday, April 27, 2025

China’s largest tower firm eyeing PH investment potential — DTI

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The Shanghai-based Guodong Network Communications Group Co. Ltd., China’s largest private tower company, is exploring telecommunications and energy infrastructure investment opportunities jointly with Philippine industry players.

The Foreign Trade Service Corps (FTSC) of the Department of Trade and Industry said Guodong Group executives, led by its Chief Executive Officer Longke Hu and sales representative Ning Li, were in Manila from March 3 to 5, 2025.

They met with Philippine officials from key government agencies, namely the Board of Investments and the Department of Information and Communication Technology (DICT), as well as local telecom executives.

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They discussed the regulatory frameworks and potential collaborations on telecom tower construction, digital intelligence and data centers, along with new energy solutions. 

FTSC, in a social media post dated March 22, said the Guodong Group is embarking on international expansion, targeting high-potential markets, including the Philippines. 

It added that its priority investments are in telecom tower construction, digital intelligence and data centers and new energy solutions.

The FTSC said that in one of the meetings, DICT Undersecretary Jeffrey Dy highlighted the country’s urgent need for more than 66,000 additional telecom towers to close the infrastructure gap.

The FTSC said the DICT official also expressed DICT’s commitment to assist Guodong with the accreditation process should it pursue its expansion.

DTI Undersecretary and BOI managing head Ceferino Rodolfo told the Guodong officials of the strategic importance of attracting investment in data centers and electric vehicle-related infrastructure in another meeting.

Rodolfo also expressed the government’s readiness to provide support through business registration, tax incentives and connections with key stakeholders.

Guodong is the seventh largest private tower company globally, managing more than 50,000 telecom towers, the FTSC said. 

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