TWAL, the leading Saudi company in the field of communications and information technology infrastructure, and King Abdullah Economic City, an emerging destination on the Red Sea coast, have signed a strategic partnership agreement, under which TAWAL will become the strategic partner to provide telecom network solutions within the city. This agreement is expected to contribute to Improving the coverage of telecommunication networks and enhancing their efficiency within the city, by applying the best practices and international standards followed in this field.
Also, under this agreement, TWAL will acquire all of the city’s owned towers and indoor coverage sites (IBS), in order to manage and operate them with telecom service providers.
The agreement was signed on the sidelines of the “Future Investment Initiative”, which will be held in Riyadh from 25 to 27 October, in the presence of the CEO of Twal Company, Eng. Mohammed Al-Haqbani, and the CEO of King Abdullah Economic City, Mr. Cyril Bayaya.
On this occasion, Eng. Muhammad Al-Haqbani, CEO of Twal Company, expressed his thanks and appreciation to the management of King Abdullah Economic City, noting that this partnership reflects the importance of the services provided by the company and contributes to strengthening its strategy to expand the scope of its geographical operations to include all regions of the Kingdom.
King Abdullah Economic City is one of the most important and promising smart cities in the Kingdom, and one of the most important vital economic projects, and we look forward to this agreement contributing to expanding the scope of our operations and services, and increasing the number of towers owned by the company in all regions of the Kingdom. There is no doubt That this partnership confirms the importance of the role played by “Tawall” in strengthening the communications and information technology infrastructure, and employing the latest technologies to serve our customers and partners, as we always seek to enhance our capabilities, meet the demand for communications services, in addition to supporting the digital transformation of the Kingdom, in line with Saudi Vision 2030.Eng. Muhammad Al-Haqbani, CEO, Twal Company
We are pleased with our strategic partnership with Twal, which aims to upgrade the communications network in the Economic City to the highest approved standards, in line with the new strategy of the Economic City by enabling the best operators and experienced professionals to contribute In developing the economic city, and upgrading it as a ready platform to achieve the desired development goals.Mr. Cyril Baya, CEO, King Abdullah Economic City
Cyril stressed that strengthening the telecommunications network in King Abdullah Economic City will enhance the economic and industrial capabilities of the economic city, and enhance its ability to embrace the initiatives of the Kingdom’s Vision 2030 and achieve its ambitious goals.
Twal is the leading Saudi company in the field of communications and information technology infrastructure, providing the latest services and solutions for this vital and rapidly growing sector. The company aims to enable the next technology transformation in the Kingdom, by providing exemplary services to its customers who are looking for reliable and cost-effective infrastructure, in addition to ensuring the ideal environment to meet their needs.