TELECOM · PROJECT

SilkLink — national fibre backbone

More than 4,500 km of fibre, a Damascus–Aleppo link, switching centres at Palmyra and in the eastern and southern regions, a submarine cable landing station at Tartus, and regional interconnects with Jordan, Lebanon and Turkey.

Telecom Index 4 sourced indicators of 15

Contracted

As filed
3,000,000,000SAR Sourced
Announced value
800,000,000USD Sourced
Segment
fibre
Governorate
Nationwide

Scope

Sources

Method

SAR 3bn is the primary figure and denominates total project investment, not the price of a stake — settled by stc's own filing to the Tadawul stock exchange, which is the strongest source available for what a listed company has committed to. USD 800m is the filing's own conversion, not an Umran derivation, so both figures are official rather than one being derived from the other. An earlier Data Center Dynamics account framing SAR 3bn as the price of stc's 75% stake is superseded and is not carried here. The site-wide Project Tracker records ~$800m against this project from an Al Jazeera report; the two now agree.

No data

Still unsourced: the design capacity (100 Tbps circulates on a weak secondary source) and whether Iraq is inside the interconnect scope. Separately, Reuters cited a senior Syrian official in June 2025 describing talks with Zain, e&, stc and Ooredoo over a fibre project worth ~USD 300m. That figure does not reconcile with SAR 3bn and may describe an earlier or narrower scope; it is recorded here rather than published as a competing value, because two figures for one project with no way to relate them would mislead.

Sources

stc — Tadawul disclosure, 8 February 2026 · 8 February 2026

Confidence: Official · Last updated: 11 August 2026

Methodology & sources

This project also appears in Umran's site-wide Project Tracker. Project Tracker

Owners and partners

Milestones

  1. Ministry launches SilkLink and opens the tender

    Sources

    No data

    Exact launch date within May 2025 not established. Tender drew stc, Zain, Etisalat and Ooredoo — that bidder list is reported, not official.

    Sources

    Ministry of Communications and Information Technology · 1 May 2025

    Confidence: Official · Last updated: 11 August 2026

    Methodology & sources

  2. Implementation agreement signed with stc Group

    Sources

    Sources

    Saudi Press Agency · 7 February 2026

    Confidence: Official · Last updated: 11 August 2026

    Methodology & sources

Developments

  1. Investment

    SilkLink implementation agreement signed with stc Group

    A joint venture 75% stc Group and 25% Syrian Sovereign Fund, to build more than 4,500 km of fibre and a submarine cable landing station at Tartus.

    Saudi Press Agency Sourced

  2. Investment

    Five Saudi–Syrian agreements worth more than USD 5.3bn, SilkLink among them

    SilkLink was signed inside a package spanning aviation, telecoms, infrastructure and water desalination. This is the frame the sector's financing sits in: telecom is a line in a larger package, not a standalone deal.

    Saudi Press Agency Sourced

  3. Infrastructure

    Minister sets out the split: SilkLink the backbone, Barq Net the last mile

    The minister says SilkLink phase one completes within six to eight months, and that FTTH and fixed wireless access are under test in Damascus.

    SANA Sourced

  4. Infrastructure

    Ministry launches the SilkLink project

    The project goes to tender, drawing stc, Zain, Etisalat and Ooredoo.

    Ministry of Communications and Information Technology Sourced

Sources on this page

  1. stc — Tadawul disclosure, 8 February 2026 Official · 8 February 2026 · Last updated 11 August 2026
  2. Saudi Press Agency Official · 7 February 2026 · Last updated 11 August 2026
  3. SANA Official · 21 November 2025 · Last updated 11 August 2026
  4. Ministry of Communications and Information Technology Official · 1 May 2025 · Last updated 11 August 2026