The objective is to improve telecommunications connectivity in Oman and increase the digital literacy and productivity of its human capital.
The project will improve Oman’s infrastructure in the information and communication technology sector, thereby increasing the attractiveness of Oman as a destination for manufacturing business and strategic logistics services. The Project is in alignment with the country’s goal to progressively diversify the economy away from its current dependence on export of hydrocarbon products.
The finance provided to Oman Broadband will be used for its rollout of a fiber optic broadband cable network to c. 406,003 homes/premises by the end of 2021 (i.e. Phase 1 of the rollout of a national network). It comprises of laying cables of c. 4,097 km, drop cables of c. 9,535 km and installing supporting infrastructure such as fiber distribution hubs. Upon its completion, 80% of Muscat will be fiber-ready for connection with the gigabit-capable optical networks.
For more information about project financing, please review the project summary.
The Project involves the installation of fiber optic cables and associated passive infrastructure, such as Points of Presence (PoPs), Network Access Points (NAPs) and Frame Distribution Hubs (FDHs). The Project will utilize the existing infrastructure such as, existing telecom lines conduits or pipe chases for installing the new fibers. The borrower has a comprehensive health, safety and environment (HSE) policy which ensures the protection of fiber optic installers and electricians. No land acquisition or displacement of population is envisaged in the Project. Environmental and social impacts during the time of construction are temporary and reversible in nature. According to AIIB’s Environmental and Social Framework the Project is classified as Category B. As required for a Category B project, an Environmental and Social Management Plan (ESMP) has been developed.
Please review the project summary for additional information.