Sunwalk Group, a Chinese telecom infrastructure company, plans to invest $2 billion in Pakistan’s telecom sector for the deployment of an optical fiber network, encompassing an area of 100,000km.
“Sunwalk has obtained the license to be a telecom infrastructure provider (TIP) in Pakistan. The company will lay 100,000km of fibre cable in Pakistan with an investment of $2 billion,” said Federal Minister of Information Technology and Telecommunication Syed Amin-ul Haque, during a meeting with a delegation led by the Chairman of Sunwalk Group, Hou Xingwang, on Tuesday.
During the meeting, there was a detailed discussion regarding investment opportunities and the telecom infrastructure sector in Pakistan, read a statement released by the Ministry of IT and Telecom.
It was learnt that Sunwalk has already invested about $5 million in installing Optical Fiber Cable (OFC) in Pakista
Leave a Comment