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Tiger Infrastructure Mindanao & Visayas communication tower portfolio

Sector: Government • Location: Philippines

Source: World Bank Group

Project
Active

This project involves the construction of 380 telecommunications towers in the Mindanao and Visayas regions of the Philippines, that will enable mobile network operators to provide a full range of mobile and data services to consumers. The sponsor of the project is Tiger Infrastructure Philippines, owned by Cell Tower Services (CTSP) and Daily Life Renewable Energy (DLRE). The Asian Development B

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The project “Tiger Infrastructure Mindanao & Visayas communication tower portfolio” is an infrastructure initiative in the Government sector, located in Philippines. Taiyo aggregates data on it from World Bank Group.

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Description

Description

This project involves the construction of 380 telecommunications towers in the Mindanao and Visayas regions of the Philippines, that will enable mobile network operators to provide a full range of mobile and data services to consumers. The sponsor of the project is Tiger Infrastructure Philippines, owned by Cell Tower Services (CTSP) and Daily Life Renewable Energy (DLRE). The Asian Development Bank provides $40 million for the execution, of which $25 million loan from ADB’s ordinary capital resources and a $15 million loan from the JICA-funded Leading Asia’s Private Infrastructure Fund, administered by ADB. Financial close took place on December 7, 2022. https://www.adb.org/news/adb-tiger-infrastructure-sign-40-million-loan-support-rural-connectivity-southern-philippines https://www.adb.org/projects/56189-001/main https://www.jica.go.jp/english/news/press/2022/20221207_30.html

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Source reliability

High

Data quality score

100%

Source

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