Bahrain's Beyon Signs Over 825 Million Kuwaiti Dinar Fixed Network PPP Agreement with Kuwait

en.Wedoany.com Reported - Beyon, a global technology group headquartered in Bahrain, announced that it has signed a Public-Private Partnership (PPP) commitment agreement with the Ministry of Communications of Kuwait and the Kuwait Authority for Partnership Projects (KAPP). The agreement confirms Beyon's selection as the winning investor for Kuwait's fixed communication network development project. The project is considered one of the country's largest digital infrastructure initiatives, with an expected investment of over 825 million Kuwaiti dinars (approximately $2.673 billion) over a 50-year partnership period.

The project aims to develop, design, finance, build, operate, and maintain the fixed communication network through a modern operational model, based on the establishment of a specialized company to manage and operate wholesale infrastructure in accordance with international standards. The project will involve a comprehensive restructuring of Kuwait's national telecommunications network, including the development of last-mile access networks, modernization of transmission and backhaul networks, development of Next Generation Network (NGN) systems, and the gradual decommissioning of the legacy copper network.

Eng. Mishal Al-Zaid, Acting Undersecretary of the Ministry of Communications of Kuwait, stated that the project represents a comprehensive restructuring of Kuwait's fixed communication network, transitioning it to a modern operational model based on independent and specialized infrastructure capable of supporting digital growth demands for decades to come. The project also includes the project company's commitment to provide high-speed fiber optic connectivity to 90% of plots within the first five years, with technical support for symmetrical speeds of up to 10 Gbps. This will enhance Kuwait's ability to support cloud services, artificial intelligence technologies, smart cities, and advanced digital government services. The project will be financed and developed by the project company, without imposing a financial burden on the State of Kuwait.

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