As both chambers of Congress shall reconvene for their third and final regular session next week and with just a few months left before the 2022 polls, foreign business groups are wide-eyed and waiting for the passing of the Open Access bill.
MANILA — The seven-member Joint Foreign Chambers (JFC) underscore how the Open Access bill would ease the entry of internet service providers into the market.
The Open Access bill will “bridge critical gaps in broadband infrastructure by attracting more firms to invest in the data transmission and broadband sector,” they say.
They are optimistic the House of Representatives will approve House Bill No. 8910 on third reading, while a counterpart bill is pending at the Senate Science and Technology Committee.
“The JFC looks forward to any mention of the Open Access bill in the (State of the Nation Address) and recommends that the measure be certified as urgent by the President to emphasize its importance to economic recovery and more competition and investment in broadband, especially in underserved areas throughout the Philippines,” state the foreign business groups in an official release.
They lament the digital infrastructure in the Philippines lags behind the rest of Southeast Asia.
“One major lesson of the ongoing pandemic is that developing competitive digital infrastructure is essential for better lives for everyone in the Philippines and certainly critical for investment, particularly foreign investment,” the chambers say.
The Open Access bill is included in the list of 17 priority reform bills sent to Congress by 15 foreign business groups. (JD/Headline PH)