Implementing new investor-friendly policies, attracting more investments into the country, and having wokers with the right skills could help boost the Philippines’ digital infrastracture.
This was the consensus given by local consutlting firm Stratbase Group and advocacy group CitizenWatch Philippines.
During a virtual business roundtable,Stratbase Group president Dindo Manhit said the country needs both skills and business investments on every level – from the micro, small, and medium enterprises – to transform into a new digital society.
“We need industries and services to grow stronger, we need manufacturing to grow stronger,” he added.
However, Manhit also emphasized that it would take a lot to encourage investments, both from domestic and foreign sources, to reach the country’s dream of digitalization.
“Building Investor confidence is all about building the policy environment to sustain investment-led growth,” he stated.
For his part, Globe Telecom president and CEO Ernest Cu noted that the pandemic showed how crucial digital technology and ICT are in daily life.