Image source: Submarine Cable Networks
Cinturion Corp, Ltd. has recently announced a partnership with the International Finance Corporation (IFC), a member of the World Bank Group, for a proposed loan to support the construction and operation of the TEAS – Trans Europe Asia System. This subsea and terrestrial fiber-optic network will connect Europe (Marseille, France and Pescara, Italy) to Asia (Mumbai, India), with landing points across the Middle East and Africa. The TEAS project is expected to bring growth and greater connectivity to the emerging markets and developing economies across the European, Middle Eastern, and Indian regions.
The Significance of TEAS
TEAS, an Open-Access Subsea and Terrestrial System, is designed for direct long-distance, high-speed, and geographically diverse connections. It consists of 2 trunk routes inter-linking the Middle East, with multiple connections across the Arabian Peninsula, and a path through the Gulf of Aqaba and the Red Sea. This unique and advanced infrastructure will enable new services and support modern Data Center deployments, bringing broadband connectivity to a wider range of users.
IFC’s Role in the Project
The partnership with IFC is a significant milestone for Cinturion Corp, Ltd. as it brings financial resources, industry-leading expertise, and global experience to the success of the TEAS project. IFC’s investment in the construction and operation of the network demonstrates its commitment to supporting the development of emerging markets and developing economies.
Benefits of the TEAS Project
The TEAS project is expected to have a positive impact on the global landscape by providing growth and greater connectivity to the European, Middle Eastern, and Indian regions. The construction and operation of this subsea and terrestrial fiber-optic network will create new opportunities for businesses, governments, and individuals, enabling them to access and exchange information more efficiently.
Cinturion Corp, Ltd.’s partnership with IFC for the construction and operation of the TEAS – Trans Europe Asia System is a significant development in the field of global connectivity. This subsea and terrestrial fiber-optic network will play a crucial role in supporting the growth and development of emerging markets and developing economies across the European, Middle Eastern, and Indian regions. By providing direct long-distance, high-speed, and geographically diverse connections, TEAS will enable new services and support modern Data Center deployments, bringing broadband connectivity to a wider range of users.
For more information please visit: www.cinturiongroup.com.
