Over $50 million to be invested in laying fiber along bottom of Caspian Sea

11:16 - 20.06.2024

June 20, Fineko/abc.az. Telecom operators of Kazakhstan and Azerbaijan are investing more than $50.6 million (more than 23 billion tenge) in the project of laying the Trans-Caspian Fiber Optic Communication Line along the bottom of the Caspian Sea.

ABC.AZ reports that Minister of Digital Development, Innovation and Aerospace Industry of Kazakhstan Zhaslan Madiyev said about this at a government meeting.

“Today, a joint venture has been created between Kazakhtelecom JSC (the national telecommunications company of Kazakhstan) and AzerTelecom LLC, a tender to select a contractor for the design and laying of an underwater fiber-optic line is being completed. The fiber-optic cable will be laid along the bottom of the Caspian Sea at 370 kilometers,” Madiyev added.

The Trans-Caspian Fiber Optic Communication Line project along the bottom of the Caspian Sea is part of the Digital Silk Road project, which provides for the creation of a digital telecommunications corridor between Europe and Asia. It was previously reported that the project implementation period is 2025.

The underwater fiber-optic communication line will run along the Aktau – Sumgait route. The maximum throughput will reach 400 Tbit per second.