fDi’s inaugural Innovation Awards recognise the world’s most creative investment promotion agencies.

Data centres are becoming increasingly essential business assets, and as many companies realise their need for such facilities, so too are locations across the US waking up to the economic benefits of hosting these large, power-hungry sites.

After decades of economic decline, the Philippines is experiencing a revival, but challenges remain, including updating the country’s dated infrastructure and bringing its education standards in line with international requirements. 

While the benefits of high-tech hubs are widely agreed upon – they generate substantial revenues, boost job creation and raise the profile of a location – the formula for creating a successful cluster is far less clear cut, with a multitude of factors, from the quality of local talent to the extent of government assistance, playing a part.