The Department of Information and Communications Technology (DICT), the Bases Conversion and Development Authority (BCDA) and Facebook have signed a Landing Party Agreement (LPA) that will build an ultra high speed information highway that will greatly improve the speed, affordability and accessibility of broadband internet throughout the country.
The system is expected to be on line at the end of 2019 and will provide speeds comparable to that of Singapore, Japan and South Korea.
Under the agreement, Facebook will construct, develop, operate, maintain and secure the submarine cable system, originating from the United States, crossing the Pacific Ocean to Luzon and then onwards to Hong Kong.
In exchange for the using the LBI, Facebook will provide the Philippine government 2 million MBPS which is almost equivalent to the total bandwidth of the 2 major telecommunications companies combined.
Ultra High Speed Internet Connectivity
This new broadband infrastructure will position the Philippines as the next information and connectivity hub of the Asia by vastly improving internet speed, which at present is one of the slowest and most expensive in the world.
In exchange for the usage of the LBI’s terminal station and terrestrial facilities, the cost of internet connectivity will be drastically lowered—reducing government spending from $100/Mbps to $1/Mbps, while assuring fast internet connectivity and better penetration throughout the country.
Among the areas that stand to benefit greatly from this is Clark and New Clark City, properties under the stewardship of BCDA.
New Clark City (NCC) will be the country’s first smart, green and disaster-resilient metropolis that will be is envisioned to be one of the most liveable cities in the region.
Faster and cheaper internet is among the bold solutions being pushed by the Duterte government as part of the 0+10-point agenda of the President, which details priority programs to alleviate poverty, spur inclusive growth and development, and create jobs throughout the country.
Source 1: ThinkingPinoy Facebook Post
Source 2: Pres. Vince Dizon (BCDA Group)