Converge CEO and Co-Founder Dennis Anthony Uy advised Pampanga businesses to look to digitalization to further boost their growth, especially as the company’s young and modern fiber network has long been established in Central Luzon.
Speaking to the Mexico Chamber of Commerce on October 2, 2023, during the chamber’s investors’ night, Uy highlighted the benefits of digitalization and the availability of infrastructure especially in their region.
“It is estimated that digital technologies have the potential to create an annual economic value of Php 5 trillion or US$ 101.3 billion. But what’s important to note here is the fact that to achieve all these, we must have the correct infrastructure in place,” said Uy.
The fiber network of Converge now has a 670,000-kilometer fiber backbone. As of the end of June 2023, the fiber broadband provider’s network infrastructure has passed over 16.6 million Filipino homes, equivalent to 62.3 percent of household coverage nationwide.
With this extensive network that spans nationwide, Converge has leveraged its fiber technology to serve the sectors of education, government, healthcare, financial services, and entertainment.
“The President mandates that 95% of government services should be digital. There’s so much opportunity for e-services, and the likes of the Bureau of Immigration can benefit from this. There could be an electronic court system also in the judiciary,” noted Uy.
Uy said Pampanga businesses may take advantage of these digital innovations especially as Mexico will be the site of Uy’s personal project, the Tech City.
The Tech City is a 200-hectare digital hub slated to rise in Mexico, Pampanga, and the realization of Uy’s dream to see ‘an entire ecosystem of innovation’ in the country. Uy targets the city to attract the largest IT companies in the world, and the best ICT talent in the country.
“The Tech City will host the largest data center in the region, corporate headquarters, housing facilities, and an events area. We hope that leading tech companies can make the Tech City its home in the Philippines,” said Uy.
The Mexico Investors’ Night, led by Chamber President Nestor Mangio, was attended by Mexico Mayor Rudencio “Ruding” Gonzales, Congresswoman Janette Garin of Iloilo’s 1st District, Congressman Aurelio “Dong” Gonzales, and Vice Mayor Site Siron.