DFNN reaffirms confidence in PH, eyes new tech investments with foreign investors
MANILA, Philippines – Leading IT solutions provider and systems integrator DFNN remains a committed partner in nation building and will continue to support the government in realizing its programs aimed at making the Philippine economy competitive and resilient.
DFNN CEO Calvin Lim, expressed this message of support for the incoming administration, “DFNN congratulates presumptive President-Elect Ferdinand R. Marcos Jr. as the next leader of the country, having presumptively won a generally peaceful and orderly election. We witnessed a smooth electoral process, and look forward and remain focused on working with the new administration, and bolstering our investments in the Philippine economy in spite of the daunting task of rebuilding the economy ravaged by the pandemic and significant external economic headwinds.”
In line with DFNN’s push to bolster its technology, platforms, and software solutions for enterprise, e-government, and retail clients, the company will be investing in the latest technologies and is poised to add investments in data centers with partners from Silicon Valley having some of the most cutting-edge parameters such as having zero waste water, 100kW per rack and an industry leading 1.15 Maximum Power Usage Effectiveness (PUE).
The second identified key areas will be investments in Space Technology Platforms and Space Sustainability Support Systems involving artificial intelligence and capability expansion for the Philippines. These will involve supporting the industry built around launch platforms with objects into near space, low earth orbit, geostationary orbit, space tourism, beyond Earth or on interplanetary trajectories. It will also include the developments necessary to support spaceport and space industries and its ancillary operations. The space industry has already surpassed US$ 366 billion dollars annually in market size and will grow many multiples of that over the next decade.
All these projects are in line with the Board of Investment’s updated Investment Priorities Plan (IPP).
