en.Wedoany.com Reported - Saudi Arabia's telecommunications giant, STC Group, announced this week that it has won a contract worth approximately $800 million to lead the implementation of Syria's "Silklink" infrastructure project.
The Silklink project is a joint venture between STC and the new Syrian government, aimed at improving regional and international communication networks. The project includes deploying approximately 4,500 kilometers of fiber optic cables, as well as building data centers and international submarine fiber optic cable landing stations.
In terms of equity structure, STC holds 75% of the shares in Silklink Company, with the remaining 25% held by the Syrian Sovereign Fund.
This new backbone network will be used to support Syria's digital transformation process, enabling digital applications, cloud services, the Internet of Things (IoT), and advanced mobile services. The network will also position Syria as a key data transit hub connecting Asia, the Middle East, and Europe.
Although the specific timeline for network deployment has not yet been announced, Syria's Minister of Communications and Information Technology, Abdulsalam Haykal, stated that the development will be carried out in two phases, with a total estimated duration of 18 to 24 months.
For STC, this investment is its latest move to improve cross-border connectivity in the Middle East, helping to position Saudi Arabia as a regional digital hub. The company is currently collaborating with Ooredoo in Oman to build a similar international backbone network and is working to connect the 2Africa and Saudi Vision Cable submarine networks to countries in the region.
The Silklink project was announced alongside a package of economic agreements worth approximately $2 billion between the governments of Saudi Arabia and Syria, highlighting a warming trend in bilateral relations after a period of coolness. These economic agreements also include the creation of a new low-cost airline aimed at helping Syria reconnect with international travel after years of flight restrictions.
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