Sunwalk Group, a Chinese telecommunications infrastructure company, plans to invest $2 billion in Pakistan’s telecommunications sector to deploy a fiber optic network covering an area of 100,000 kilometers.
“Sunwalk has been awarded the Telecom Infrastructure Provider (TIP) license in Pakistan. The company will lay 100,000 km of fiber cable in Pakistan with an investment of $2 billion,” Federal Minister Syed Amin-ul Haque said during a meeting with a delegation led by Sunwalk Group Chairman Hou Xingwang on Tuesday.
The meeting discussed investment opportunities and the telecommunication infrastructure sector in Pakistan, according to a statement issued by the Ministry of IT and Telecom.
It is learned that Sunwalk has already invested around $5 million in installing optical fiber cable (OFC) in Pakistan.
In the first phase, 5,000 km of OFC is being laid to connect various cities in the country.
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Chairman Howe said that the company enjoys a long-standing relationship with Pakistan and provides services to various sectors.
During the meeting, the Sunwalk delegation shared that there are difficulties in laying fiber optic cables along railway lines, highways and expressways.
Amin-ul Haque informed the delegation that consultations are underway with the Ministry of Railways and Highways regarding the right of way to set up OFCs. He assured the delegation that all obstacles to this plan will be removed soon.
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The meeting was attended by Member Telecom Muhammad Omar Malik, Director Wireless Jahanzeb Rahim while the Sunwalk delegation comprises; Lu Vice President of Sunwalk Group, Tony Lee (Assistant to President), Chen Dianbo (CEO of Sunwalk Pakistan) and Afshaan Malik (CBO of Sunwalk Pakistan).