GLOBE urges inclusion of telecom infrastructure in Philippine building codes
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
GLOBE has advocated for the inclusion of telecommunication infrastructure in the National Building Code review in the Philippines. Property analysts suggest developers incorporate fiber-ready facilities during the design phase of new projects. They warn that buildings lacking this connectivity may struggle to attract tenants and buyers amid high office vacancies and unsold residential inventory.
From bworldonline.com
Why it matters
Digital connectivity has become a basic requirement for office tenants and homebuyers, especially as hybrid work arrangements persist. While installing advanced telecommunication infrastructure increases construction costs, failing to meet these requirements risks longer vacancies for developers.
From bworldonline.com
Who's involved
- GLOBETelecom firm advocating for infrastructure inclusion in the National Building Code.
- PhilippinesGeopolitical state undergoing the National Building Code review.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Metro ManilaSpeculative
High office vacancies and increased construction costs due to fiber requirements might negatively impact commercial real estate in Metro Manila.
- Ayala LandSpeculative
The requirement for connectivity might challenge the sales viability and competitive position of companies like Ayala Land.
How it developed
Newest first. Tap a step to see who reported it.GLOBE urges developers to cooperate with providers on infrastructure projects.1 source
GLOBE advocates for telecom infrastructure inclusion in the National Building Code.1 source
Keep exploring
The entities involved
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GLOBE
Nothing else this week.
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Philippines
archipelagic country in Southeast Asia
Related events
- Globe Telecom was recognized in Fortune's Southeast Asia 500 list and strengthened its digital infrastructure in the Philippines.
- PLDT is seeking streamlined government approval for necessary cable repairs to support digital and financial services.
- Converge ICT Solutions is confirmed to be operating within the Philippines.