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    Home > Chemicals Industry > Chemical Technology > Samoa will spend US$57.4 million on the submarine cable project

    Samoa will spend US$57.4 million on the submarine cable project

    • Last Update: 2022-11-20
    • Source: Internet
    • Author: User
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    In the near future, Samoa will build a submarine cable project to connect with Fiji's international submarine cable system, thereby increasing the country's network speed and reducing the cost of
    Internet access.
    The entire project is expected to cost $57.
    4 million.

    To build the submarine cable project, the Asian Development Bank has decided to provide $25 million in assistance to Samoa, $16 million from the World Bank and $1.
    5 million from the Australian government
    .
    The Samoa Submarine Cable Company will also contribute US$8.
    18 million, and the Government of Samoa will bear US$6.
    73 million in taxes and duties
    .


    In the near future, Samoa will build a submarine cable project to connect with Fiji's international submarine cable system, thereby increasing the country's network speed and reducing the cost of
    Internet access.
    The entire project is expected to cost $57.
    4 million.

    Submarine Cable Project

    To build the submarine cable project, the Asian Development Bank has decided to provide $25 million in assistance to Samoa, $16 million from the World Bank and $1.
    5 million from the Australian government
    .
    The Samoa Submarine Cable Company will also contribute US$8.
    18 million, and the Government of Samoa will bear US$6.
    73 million in taxes and duties
    .

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