Fiber optic cable to link BIMP-Eaga-A A +A
Monday, February 17, 2014
THE proposed Brunei Darussalam-Indonesia-Malaysia-The Philippines East Asean Growth Area (BIMP-Eaga) submarine fiber optic cable or the BIMP-Eaga Rink aims to connect the member countries in a bid to further boost the information and communication technology (ICT) industry of the sub-region.
Mindanao Development Authority (Minda) investment promotion and public affairs director Romeo Montenegro, during the Kapihan sa PIA on Friday, said the BIMP-Eaga Rink will involve the laying down of fiber optic cable connecting Brunei, Malaysia, Indonesia, and Mindanao.
According to the BIMP-Eaga Implementation Blueprint 2012-2016, the cable "will potentially contribute to the planned Asean Broadband Corridor" and "will facilitate interconnection of telecommunication services in BIMP-Eaga, and expand connectivity networks with the rest of the Asian countries."
The BIMP-Eaga Rink is also aimed to develop the sub-region as a "new hub and center of investment that shall attract and introduce new economic growth within the subregion, as well as improve the socioeconomic conditions of the population."
It also states that the implementation of the BIMP-Eaga Rink can address the digital divide and can positively influence telecommunication tariffs to make BIMP-Eaga a more conducive and competitive region for food basket chain link and ecotourism.
Montenegro said the project will be implemented by EA Trilink Corp., a Philippine-based Asian regional telecommunications company. The project is estimated to be around $150 million.
"Once the project fully materializes, it will provide redundancy of connectivity, which is required by many ICT companies especially business process outsourcing (BPO) companies," he said.
Montenegro also said the project will make Mindanao a strategic location for BPO companies.
"The feasibility study of the project is already done and they are setting sights for a plausible ground breaking as soon as the government-to-government agreement has already been firmed up," he said.
Published in the Sun.Star Davao newspaper on February 18, 2014.