The Department of Information and Communications Technology (DICT) kicked off Phases 4 and 5 of the National Fiber Backbone (NFB) in Butuan City on Aug. 11, 2025, under the ₱16.1-billion Philippine Digital Infrastructure Project (PDIP) — a World Bank-backed initiative aimed at boosting nationwide internet access.
The expansion was marked by a launch ceremony on Feb. 20, 2025, at the Arcadia Event Center in Davao City, along with seller roadshows across Mindanao, which will conclude with a final event in General Santos City on Feb. 27.
Themed “Unlocking Opportunities for Growth and Investment,” the event focused on socio-economic development, investment potential, and succession planning in the region.
The Soberano family’s Cebu Landmasters Inc. (CLI) partnered with Japanese developer NTT UD Asia Pte. Ltd. (NTTUDA) to build a Japanese-theme P6.4 billion multi-tower residential project in Cebu City.