BOI gives green lane to P150-B telco project

The Board of Investments (BOI) has approved a P150 billion Malaysian telecommunications infrastructure project for green lane processing, noting its role in introducing new technologies in the country.

-  CATHERINE TALAVERA

In a statement yesterday, the BOI said its One-Stop Action Center for Strategic Investments (OSACSI) said it has awarded a green lane certification to EDOTCO Towers Inc. for its telecommunications infrastructure project.

"Expecting an investment of approximately P150 billion in the coming years, EDOTCO plans a balanced rollout of 25,000 common telecommunications infrastructures," the BOI said.

It added that the strategic deployment spans urban and rural areas, addressing the needs of mobile network operators (MNO) and aligning with the government's efforts to enhance mobile network access and internet penetration in underserved and unserved regions.

"The project will play a huge role in introducing new technologies such as 5th generation (5G) mobile broadband networks and large-scale Internet of Things (IoT) applications through its shared infrastructure offered to services providers and government agencies with open access and a nondiscriminatory basis," the BOI said.