GOSI Deputy Governor for Investment Abdulaziz Al Zaid and Mobily's Chief Business Officer Dr. Marwan Alahmadi shake hands at the signing of contract. RIYADH: Etihad Etisalat (Mobily) recently signed a strategic partnership agreement with the General Organization for Social Insurance (GOSI) for the management and operation of "Wahat Ghurnatah" telecom infrastructure. Signing the agreement were Deputy Governor for Investment at GOSI, Abdulaziz Al Zaid, and Dr. Marwan Alahmadi, Mobily's Chief Business Officer. The investment by GOSI in Wahat Ghurnatah comes as part of the government agency's overall strategy in growing and diversifying its investments so as to generate revenues meeting its obligations towards the public. As part of the agreement, Mobily will deliver state-of-the-art telecommunications infrastructure providing secure, reliable and robust high value fixed, wireless and mobile services, like broadband, high speed internet. Among the stable of service that Mobily will offer on the state of the art infrastructure it will deliver to the business park are IPTV, Ethernet VPN (L2), IP VPN (L3), and Direct Internet Access. "We chose our partner carefully and we chose Mobily, and Mobily is a company known for providing products and services that satisfy customers," said Al Zaid. "With Mobily on board, businesses and people living at the business park will have access to the latest, state of the art services," the deputy governor added. Alahmadi said: "We are excited about our agreement with GOSI, and are proud to have been entrusted by this great national organization to deliver infrastructure for this mega business park." "I believe that our extensive portfolio of secure, reliable and robust infrastructure and our wealth of experience will add value to the Wahat Ghurnatah business park, and will give the residents there access to the latest products and services," he added. Alahmadi further said that due to fierce competition in the real estate segment of the telecommunications market in the Kingdom, operators were looking at providing more innovative, higher value, converged and more efficient business solutions. "Mobily can deliver solutions at this level and this why we have been able to sign exclusive agreements with a number of real estate developers," he said. Wahat Ghurnatah, a mega business park, being financed and built by GOSI on the outskirts of Riyadh on the Eastern ring road at an overall cost of SR1.525 billion occupies 133,151 square meters of land, is made up six 15 to 20 storey towers, an d additional four building which have five to seven floors, a fully equipped convention center for 200 people, an four level underground car park for 4,000 vehicles, a residential compound with 48 villas that has a health club and other entertainment amenities.
