Saudi Telecom Company (stc) has announced the award of a major telecommunications infrastructure contract with the Syrian Sovereign Fund to deliver the comprehensive “Silklink” project in the Syrian Arab Republic.

The project, awarded following a competitive bid involving leading regional telecom providers, is valued at SAR 3 billion and marks a strategic expansion of stc’s international digital infrastructure footprint.

Silklink will establish an extensive telecommunications backbone, including more than 4,500 kilometres of fiber-optic network, data centers, and international submarine cable stations. This infrastructure is designed to significantly enhance data transmission capabilities, improve network reliability, and enable advanced digital services across Syria and neighboring regions.

Under the agreement, stc will hold a 75% ownership stake, with the Syrian Sovereign Fund holding the remaining 25%.

This milestone aligns with stc’s growth strategy to build cross-border digital connectivity and reinforces its role as a leading digital enabler in the Middle East, statement mentioned.