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Ministry of Communications: The national Internet project will bring large financial revenues to the country

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Ministry of Communications: The national Internet project will bring large financial revenues to the country

money and business
Economy News _ Baghdad


The Ministry of Communications revealed, on Wednesday, the most prominent advantages of the national Internet project, stressing that this project will achieve large financial revenues for the country.

Communications Minister Arkan Shihab said in a statement seen by "Al-Eqtisad News," "The national project for the Internet is one of the largest projects that will extend for a hundred years to the next, and it is the project of providing the ftth optical fiber to homes."

He added, "This project will have great benefits, as it will provide billions of profits for the state, in addition to providing thousands of job opportunities for cadres and contractors, pointing out that

the main goal of the project is to reach the service at a very high speed that exceeds the speed even in neighboring countries."

He emphasized, "The concerted efforts in the telecommunications company and the continuation of work with the ministry's partners to complete the project that will supply the state treasury with money in light of the difficult economic situation," pointing out that

"the prime minister is a major supporter of the telecommunications sector, whether in 4G or ftth service."

He pointed out that "the service was launched last Monday at 12 noon in the Zayouna area on an experimental basis, and the first zone was launched as an opening and as an experiment, stressing that work continues, and the fiber-optic internet service will reach homes."

He explained, "The period of implementation of the project will be three years,

noting that the current year will witness at least one million lines, or one million homes, and thus the Internet will be provided by about 5 million to 6 million Iraqi citizens if we impose the presence of 5 to 6 individuals in one house."

Number of observations 73 Date of addendum 02/17/2021

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