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Cyta Participates In The East Med Corridor Submarine Cable System
July 29, 2022
Cyta participates in the East Med Corridor (EMC) submarine cable system, following an agreement signed on Tuesday, July 26, in Athens.
In a press release, Cyta said that the East Med Corridor (EMC) submarine cable system is "a project of geostrategic importance, with transnational support, which exploits the geographical position of Cyprus, Greece and Saudi Arabia for creating an international digital highway that is essential for the global economy."
"Starting in Singapore, the EMC will pass through Saudi Arabia, Israel, Cyprus, and Greece, and will end in Italy and France. Construction will begin next autumn and is expected to be completed and operational by the end of 2025. The total cost is around $850 million and, apart from Cyta, it involves MENA HUB of Saudi Arabia and the Greek companies TTSA and PPC," Cyta explains.