Success stories

Telecommunications Towers in Saudi Cities

-What is TAWAL and what is its role in the telecommunications and information technology sector? TAWAL is considered a leading company in the telecommunications and information technology infrastructure sector in the Kingdom of Saudi Arabia. It owns a broad portfolio of towers exceeding 30,000 towers and provides integrated solutions that support enabling telecom operators, government entities, and major projects, enhancing the readiness of digital infrastructure across the Kingdom.  -How did the company benefit from the Saudi Cities Investment Portal "Furas" in implementing its investment projects? Based on a clear strategic vision focused on growth and expansion, TAWAL adopted the “Furas” portal as a unified platform to access investment opportunities in the municipal sector, benefiting from leasing telecommunications towers to accelerate the pace of implementing its projects, in cooperation with various municipalities across the Kingdom.  -What is the geographical scope of the company’s projects across the Kingdom’s regions? This expansion was not merely reflected in numbers, but demonstrated actual presence across various regions, from the central to the eastern, passing through the northern, southern, and western regions, affirming the company’s commitment to strengthening telecommunications and IT infrastructure in cities and governorates alike.  -What is the number of towers implemented within municipal sector projects, and how are they geographically distributed?  -Region – Number of Telecommunications Towers  Central – 1,953 Northern – 354 Southern – 965 Western – 2,320 Eastern – 716 Total – 6,308 Towers  -What are the company’s most prominent achievements in expansion over the past two years? Over the past two years, TAWAL continued to accelerate its expansion by injecting qualitative investments into developing advanced infrastructure. It successfully established more than 1,800 new telecommunications tower sites, with municipal projects accounting for approximately 80% within available properties, reflecting the effectiveness of the adopted investment model.  -How did this expansion impact project execution efficiency? This achievement was not limited to the scale of expansion, but also extended to achieving advanced execution rates, reflecting high efficiency in project management and accelerating completion.  -What are the company’s future expansion plans in the municipal sector? During the current year, TAWAL continues its growth journey through an ambitious expansion plan targeting the construction of approximately 2,000 new telecommunications towers within municipal properties, representing a practical embodiment of the success of partnership with the municipal sector and supporting the enhancement of digital infrastructure readiness across the Kingdom.  -What impact have these projects achieved through investment via the "Furas" portal? This rapid expansion has contributed to enhancing effective integration between the public and private sectors, in addition to increasing the number of tower sites within municipal properties, supporting the development of advanced digital infrastructure aligned with the requirements of future smart cities. The impact of this expansion has extended to several vital aspects, most notably supporting the digital transformation journey, enabling smart cities, accelerating the deployment of 5G technologies, improving the end-user experience, and enhancing network coverage quality and reliability.  -How does TAWAL evaluate the investment experience via the "Furas" portal? Today, TAWAL’s experience represents a successful model of effective investment via the “Furas” portal, where operational efficiency meets regulatory opportunities to create real added value for the digital economy in the Kingdom. 

GLOBAL CITY DAMMAM

-Investor Name?Mr. Akafut Tangsilkosonong (Tony Vega)  -What is the project type? Investment competition  -Who is the entity offering the investment opportunity via the Furas portal? Eastern Province Municipality  -What is the total project area? 675,000 square meters  -What is the current project status? Fully completed (Phase One – 164,624 square meters)  -What is the project duration? 25 years  -What is the main sector or activity of the project? Tourism, entertainment, and cultural investment  -Project Overview The International City project in Dammam represents a new landmark in the Dammam area of the Eastern Province of the Kingdom of Saudi Arabia. It combines entertainment, culture, and innovation within a dynamic environment. It serves as a vibrant global platform celebrating cultural diversity and meaningful connections by uniting cities from around the world in a unique and immersive experience. The site includes pavilions representing 16 countries, each carefully designed to showcase its distinctive culture, heritage, and traditions. Each pavilion also includes a specialized restaurant offering authentic cuisine from its respective country, providing visitors with a rich and diverse cultural and artistic journey.  -Do you find the opportunities listed on the Furas portal attractive for investment? Yes, the opportunities listed on the Furas portal are generally attractive for investment. The portal provides a wide range of opportunities across multiple sectors such as entertainment, tourism, real estate, and public services, enabling investors to explore diverse and scalable projects. It also supports transparent processes and provides access to detailed project information, enhancing confidence in investment decisions.  -How was your experience with the Furas portal? Do you have any suggestions for improvement? The experience of using the Furas portal is generally positive, as it provides an easy-to-use digital platform that enables investors to explore opportunities, submit proposals, and track progress online. Integrated services, including electronic contract signing, also contribute to making the process efficient and convenient.