Saudi Arabia eyes place in worlds top 30 digital economies

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RIYADH: The Saudi Ministry of Communications and Information Technology (MCIT) completed the delivery of optical fiber to 3.5 million homes by the end of December 2020, according to Al Arabiya.

This has passed the optical fiber deployment initiative goal set by the National Transformation Program.

The Ministry of Communications aims to place the Kingdom among the top 30 countries in the digital economy by 2023 and make it a hub for connecting continents digitally.

Around 570,000 homes have been connected to high-speed internet so far, enhancing the digital infrastructure in all regions of the Kingdom and enabling digital transformation by stimulating investment in the deployment of optical fiber networks in line with the Kingdom's Vision 2030.

The vision aims at strengthening the role of the telecommunications sector in building a digital society, a digital government and a digital economy, the ministry explained.

Saudi Arabia is moving towards raising the economy by maximizing income, diversifying and increasing the non-oil GDP by launching several initiatives, including the initiative to stimulate investment in the deployment of optical fiber networks.

Optical fiber networks contribute in enabling the increase in non-oil GDP and improving the quality of digital services provided to beneficiaries in digital health, digital government, e-commerce and smart education, Al Arabiya said, citing Al Eqtisadiah newspaper.

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