MANILA — The National Economic and Development Authority (NEDA) Board has approved the country's flagship digital infrastructure project, a public broadband network expected to bring high-speed internet connection to far-flung areas. 

In a statement, NEDA said its board has approved the Philippine Digital Infrastructure Project (PDIP), which is also expected to enhance the country’s broadband infrastructure and connectivity, and, in turn, help bridge the digital divide.

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The project costs P16.1 billion, and will be funded by a loan from the World Bank.

NEDA Secretary Arsenio Balisacan said the project will help spur economic development by giving more Filipinos access to different markets.

"Broadband services have already opened up numerous opportunities for Filipinos, from work-from-home arrangements to digital access to critical public and private services," he noted.

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The NEDA Board also approved adjustments to nine ongoing infrastructure projects. These projects are:

-New Cebu International Container Port Project
-Light Rail Transit Line 1 South Extension Project
-Malolos-Clark Railway Project, Tranche 1
-Metro Manila Flood Management Project, Phase 1
-Reconstruction and Development Plan for a Greater Marawi, Stage 2
-Improving Growth Corridors in Mindanao Road Sector Project
-Panguil Bay Bridge Project 

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