The agreement was signed by Eng Said bin Abdullah al Manthri, CEO of OBC and Mish’al bin Mohammed al Ra’eesi, executive director of ZEIN Real Estate Development.
Under the terms of the agreement, OBC will provide the infrastructure of a high-speed fibre-optic network at the construction sites of ZEIN Real Estate Development Company in Sur al Hadeed, Al Hail, Azaiba, Ghala Heights, Al Muna and Ruwi.
Eng Manthri said that the agreement comes within the company’s plan to develop the industrial, commercial and real estate areas by providing infrastructure capable of operating smart cities with very high specifications.
He said that the company sought within its plans to make partnerships in this aspect so that developers will ensure the existence of high-speed networks and provide fibre-optic network with high specifications in these areas to provide smart cities for all future applications.
Ra’eesi said, “Our goal is to provide customers with the best service available in the current market by providing high-speed fibre-optic network, which is the best service needed by customers.”
He said that the company is striving to provide high-speed Internet access in all the projects implemented by ZEIN Real Estate Development Company, as the investment in these projects is worth RO20mn.
He said that the Dar al Zain project, located in the area of Sur al Hadeed in the wilayat of Seeb is the largest project of the company as it consists of 300 villas. The project will be provided by the high-speed fibre-optic network after six weeks.
He affirmed that the company is striving to provide employment opportunities for Omani youth and a number of opportunities will be provided in the field of sales.