Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) and Chinese multinational technology corporation, Huawei have signed a memorandum of understanding (MoU) to enhance cooperation in the field of communications and information technology.
Under the terms of the agreement, the Ministry and Huawei will collaborate to realize a ’10Gbps Society’, seeking to build a superfast broadband infrastructure to support the digital transformation goals of Saudi Vision 2030.
Huawei will leverage its global expertise and success stories to support the MCIT in finalizing the business case and designing the required regulations to accelerate the 10Gbps society goal.
Small businesses are the backbone of the Saudi economy, while its bourgeoning startup ecosystem is inspiring unprecedented innovation and disruption across various domains, as per the reports.
To support this evolution, Huawei will work with the Ministry to support digital entrepreneurs working on smart cities, IoT, AI, gaming, fintech, eCommerce, and blockchain projects. The two entities will also jointly promote the HUAWEI CLOUD startups program, a support program for empowering SMEs to develop their cloud capabilities.
Saudi Arabia recognizes ICT talent development as a key pillar of its Vision 2030. The MoU establishes a joint framework to launch a Huawei scholarship training program to train university students, including visits to Huawei headquarters to experience the company’s technology first-hand.
This initiative extends existing Huawei skills development programs in Saudi Arabia, including the ICT Academy and Seeds for the Future.
Mr. Steven Yi, the President of Huawei Middle East and Central Asia Region, commented that, “This partnership aligns with Saudi Vision 2030 and the Ministry’s continuous efforts to advance digital transformation, enhance ICT skills, and foster a culture of innovation.”
“As a long-term partner of Saudi Arabia’s service providers and enterprises, this MoU reflects our continued commitment to supporting the Kingdom’s efforts to become a global leader in ICT, leveraging our global expertise and technologies,” Mr. Yi added.
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