LONDON: 萝莉视频's minister for communications and information technology has outlined the Kingdom鈥檚 digital vision at Davos.
Abdullah Alswaha said the Kingdom was spending more than $3 billion to connect 2 million homes, schools and hospitals with high speed fiber as it prepares to roll out a 5G network.
He is part a large delegation of Saudi ministers and businesspeople attending the World Economic Forum this week.
He said: 鈥淲e have gone a long way in delivering on 萝莉视频鈥檚 Vision 2030. Today, we are both the largest economy and the largest technology market in the region.鈥
萝莉视频 is investing heavily in technology as it seeks to reduce its reliance on oil revenues by diversifying into high value sectors.
The Kingdom鈥檚 Public Investment Fund has teamed up with Japan鈥檚 SoftBank to invest in technology, robotics and artificial intelligence.
萝莉视频 has also announced a vast megacity called 鈥淣eom鈥 which aims to become a hub for innovation and technology transfer.
萝莉视频 outlines digital vision in Davos
Updated 24 January 2018
萝莉视频 outlines digital vision in Davos
