Toledo City Mayor John Henry Osmena (second to the left) and lawyer Janilo E. Robiato, the general manager & CEO of Philippine Reclamation Authority during the signing of Memorandum of Understanding (MOU) for the 11-hectare reclamation project in Toledo City (CDN PHOTO/Junjie Mendoza)

TOLEDO City took one step closer to implementing a proposed 11-hectare reclamation project that is seen to propel its economy forward.

Toledo City Mayor John Henry “Sonny” Osmeña signed a Memorandum of Understanding (MOU) with the Philippine Reclamation Authority (PRA) for the project.

“This is a milestone for Toledo. This is something we have been dreaming about, hoping for, and almost gave up any hope for,” he said during the signing ceremony at the Radisson Blu Hotel in Cebu City.

Osmeña said the reclamation project in Barangay Poblacion, which was estimated to cost P644 million, will house a port and other related facilities in addition to what the city has now.

Mayor Osmeña said the undertaking will be a “great source of employment” and that he hopes it will decongest container truck traffic in Cebu City. “The day for Toledo to be a port and industrial center overseeing shipping is upon us,” Osmeña said.

 PLDT tags Toledo in Cebu as first ever ‘Fibr City’ in PH

Photo credit: Mugstoria.com

Photo credit: Mugstoria.com

Through a partnership with the Toledo City government, the FTTH roll-out will serve the data connectivity needs of the fast-growing city with its mining industry and burgeoning tourism sector. The promised internet speed is 1 Gigabit per second (Gbps).

PLDT VP and head of Home Business Oscar Reyes Jr. said, “PLDT HOME’s decision to pioneer its first Fibr City in Toledo is part of expansion plans in Central Philippines.”

PLDT is opening a Sales and Service Center on D. Macapagal Highway to serve its growing customer base in the city. Subscription plans start at P1,899 a month.

PLDT is further expanding the reach of its FTTH network by about 80% to 4.4 million homes passed by the end of the year. In this light, PLDT has started to deploy hybrid fiber technologies such as Huawei Technologies’ G.fast which can boost data speeds up to 600-700 Mbps over existing copper lines.

PLDT has invested P300 billion or $6 billion over the last 10 years to roll out an extensive transmission and distribution network infrastructure which now has 150,000 kilometers of fiber optic cables that transport the growing data traffic of its fixed line and mobile networks.