- High-speed fibre network
- 50-year PPP agreement
- KAPP will have 60% stake
Bahrain’s Beyon has won a mega contract to develop a high-speed fibre broadband network in Kuwait under a 50-year public-private partnership (PPP) agreement.
The $2.8 billion contract includes designing, financing, building, operating and maintaining Kuwait’s national fixed telecommunications network, the Bahrain Bourse-listed technology company said in a statement.
The state-backed Kuwait Authority for Partnership Projects (KAPP) will hold a 60…