UK to develop smart cities in Philippines

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Alan Duncan, British Minister of State for International Development, targets the Philippines

Britain has expressed interest in increasing trade and investments in the Philippines, particularly in information and communications technology and public-private partnership projects, the British Minister of State for International Development Alan Duncan said at a technology seminar held in Manila on December 6.

UK-based firms are especially looking for opportunities to develop “smarter cities” in the Philippines, amid a booming real estate sector fueled by robust economic growth. “Smart solutions” that use information technology could ensure the intelligent use of resources and cut across infrastructure, energy, transport, buildings, health care and information management, among others, it was told at the seminar.

“The Philippines is booming, with its property market and health care sector growing, so it is an increasingly important partner for growth,” Duncan said.

“According to HSBC, the Philippines is said to be the 16th-largest economy in the world by 2050. To support this forecast, the Philippines will be investing heavily in information technology infrastructure that support more efficient ways of moving people and goods in the archipelago,” he added.

The Philippines Trade Undersecretary Cristino Panlilio said that “the Philippine economy is resilient because it is not too export-dependent compared to our neighbouring countries like Singapore, South Korea, Hong Kong, Japan and Thailand.”

He added that when Western economies suffered a slowdown, the Philippine GDP remained at a high level of 5 per cent to 7.5 per cent.

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Reading Time: 1 minute

Alan Duncan, British Minister of State for International Development, targets the Philippines

Britain has expressed interest in increasing trade and investments in the Philippines, particularly in information and communications technology and public-private partnership projects, the British Minister of State for International Development Alan Duncan said at a technology seminar held in Manila on December 6.

Reading Time: 1 minute

Alan Duncan, British Minister of State for International Development, targets the Philippines

Britain has expressed interest in increasing trade and investments in the Philippines, particularly in information and communications technology and public-private partnership projects, the British Minister of State for International Development Alan Duncan said at a technology seminar held in Manila on December 6.

UK-based firms are especially looking for opportunities to develop “smarter cities” in the Philippines, amid a booming real estate sector fueled by robust economic growth. “Smart solutions” that use information technology could ensure the intelligent use of resources and cut across infrastructure, energy, transport, buildings, health care and information management, among others, it was told at the seminar.

“The Philippines is booming, with its property market and health care sector growing, so it is an increasingly important partner for growth,” Duncan said.

“According to HSBC, the Philippines is said to be the 16th-largest economy in the world by 2050. To support this forecast, the Philippines will be investing heavily in information technology infrastructure that support more efficient ways of moving people and goods in the archipelago,” he added.

The Philippines Trade Undersecretary Cristino Panlilio said that “the Philippine economy is resilient because it is not too export-dependent compared to our neighbouring countries like Singapore, South Korea, Hong Kong, Japan and Thailand.”

He added that when Western economies suffered a slowdown, the Philippine GDP remained at a high level of 5 per cent to 7.5 per cent.

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