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The World Bank calls for engaging the private sector in activating the Internet

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The World Bank calls for engaging the private sector in activating the Internet Empty The World Bank calls for engaging the private sector in activating the Internet

Post  Admin Sat Jun 29, 2019 6:03 am

Friday, June 28,

The World Bank calls for engaging the private sector in activating the Internet
Baghdad / follow-up


A report by the World Bank states that the Levant countries, including Iraq, have an opportunity to build a digital economy that transforms them into a commercial service center and advanced connectivity and communication activities, while calling for the enactment of telecommunications legislation to promote competition and private sector participation.


"The region needs to invest $ 4 to $ 5.2 billion to enable 30 percent of the population to have high-speed broadband access through fiber technology," the bank said in a report entitled "Mashreq 2.0: Digital Transformation for Total Growth and Job Creation"


 "The Internet delivery of more than 13 million households in Lebanon, Jordan, Syria and Iraq needs to integrate the region's broadband networks, including basic and terrestrial networks
And the Navy.
 
Remove restrictions
The report called on officials in Iraq to "remove the restrictions imposed on private operators to build, own and operate the fiber optic infrastructure," noting the importance of "allowing companies to reach the end user." He stressed "the need to enact telecommunications legislation to promote competition and private sector participation, To make Iraq a center for international connectivity in the domain services market
 Wide. "


"There are only one data exchange center in Beirut, while there are no centers in Iraq, Syria or Jordan," the report said.


"Syria and Iraq need to remove barriers to operators in the market and stimulate broadband and telecommunications markets, and despite the existence of a large infrastructure of regional networks and basic, but not optimized because of the lack of
 Stability ".
 
Unified vision
The report called on "the Lebanese authorities to develop a unified vision for the ICT sector, improve financial transparency of the sector, introduce competition through a common legal framework, and study the structure of the broadband sector for mobile phones and the granting of fifth generation licenses." The World Bank also called on Jordan to "prepare a draft study on the fifth generation networks and grant frequencies to operators, apply the next generation of public-private partnership, strengthen the regulatory framework and review fees and taxes to stimulate investment and ensure regulatory control
occasion".


Broadband infrastructure is helping to boost economic growth. Increasing the penetration rate of broadband services by 10 percent leads to an additional 1.4 percent increase in gross domestic product
 the local.




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