Around an approximate 3 percent of the Bahrain National GDP is mainly accounted by the Bahrain’s ICT Sector. The nation’s Ministry of Transportation as well as the telecommunications have announced that Bahrain has accomplished a coveted status of having fully nationalized 5G Coverage, alongside two-three mobile operators spanning the entire population alongside the 5G Wave.
Authorities expectation are thar the roll-out will fascinate global tech firms to capitalize in the nation to leverage the subsequent generation technology across a varied diversity of applications.
Bahrain’s Minister of Transportation and Telecommunications, Kamal bin Ahmed Mohamed, stated that: “this important milestone is also a testament to our strength as a regional and global ICT leader, as well as moreover, it clearly depicts that their enduring national digital transformation and Bahrain’s Economic Vision 2030 strategies are on track. Both prioritise robust ICT infrastructure to support the growth of our digital economy while enhancing Bahrain’s readiness to harness innovation.”
The Kingdom has tracked a tactic of possessing a flexible guideline to inspire investment in the telecoms sector. Bahrain was the first GCC member to open and relax its telecoms market and remains one of the territory’s only telecoms markets with no limitations on VoIP services.
Bahrain’s telecoms sector engrossed some BHD787m in investments (in excess of more than $2bn) between 2009 and 2019. In line with the kingdom’s financial diversification efforts, Bahrain’s ICT sector now accounts for approximately 3 percent of the national GDP.
“They are self-confident that their potential to generate, use, and ultimately export innovation will be pivotal for the growth and diversification of our economy towards high value-added sectors such as content development and Artificial Intelligence (AI). Swift access to data is essential to innovation, particularly for next-generation services.
In this way, 5G is a crucial step in Bahrain’s ongoing transition from net consumer to a net producer of technological innovation,” Mohamed announced. Researchers evaluated that there will be more than 1 billion 5G connections by 2023, and Bahrain’s countrywide roll-out places the Kingdom at the lead of this global technological advancement for both B2B and B2C applications.