Beyon has been named the winning investor by the Kuwait Authority for Partnership Projects (KAPP) for a landmark $2.8 billion initiative to transform Kuwait’s digital landscape.
The announcement marks an historic regional milestone for the Bahrain-based group, which secured the 50-year public-private partnership (PPP) agreement following a rigorous international tender process.
Under the agreement, Beyon will design, finance, build, operate, and maintain Kuwait’s nationwide, high-speed fibre broadband network with a total investment exceeding $2.8bn over the lifetime of the agreement, the company said in a Press statement.
KAPP will hold a 60 per cent stake in the project company to be established, while Beyon will retain 40pc. Once the network is fully operational, KAPP plans to IPO a portion of shares for subscription by Kuwaiti citizens.
The project aims to reach 90pc of Kuwait’s available plots, delivering 10Gbps symmetrical connectivity in line with PPP requirements.
The award follows a multi-stage qualification and tender process in which Beyon was selected ahead of several international competitors after meeting technical and compliance criteria.
Notably, the proposal was developed entirely in-house by Beyon’s teams, demonstrating the group’s technical capability and leadership in fibre network transformation.
Beyon’s submission was strengthened by its proven experience in large-scale fibre deployment across multiple markets, including Bahrain, Jordan, the Maldives, and the Channel Islands.
Across its operating companies, the group has delivered more than 2.2 million home-passed connections, with fibre coverage in Bahrain reaching 95.4pc. A key component of the bid was Beyon’s experience in structural separation of Batelco by Beyon and the establishment of Bahrain Network (BNET) as a standalone wholesale entity in Bahrain. That transformation demonstrated the group’s ability to execute complex brownfield transitions, system migrations, and regulatory compliance programmes while maintaining uninterrupted service continuity.
The project serves as a backbone for Kuwait Vision 2035, providing future-ready digital capacity for households, businesses, and government entities.
Speaking on the occasion, Beyon Group chairman Shaikh Abdulla bin Khalifa Al Khalifa said: “We are honoured to be selected as the winning investor for a project of such national significance to Kuwait. We extend our appreciation to KAPP and the Communications Ministryor the confidence placed in Beyon. This achievement reinforces our commitment to enabling advanced digital infrastructure across the region and demonstrates the strength of regional capabilities in delivering projects of strategic national importance.”
Beyon Group chief executive officer Andrew Kvalseth commented: “This achievement is the result of two years of dedicated effort by our teams. Our selection as Winning Investor demonstrates our engineering strength and operational capability and executional readiness. Our digital-first operating model, strong go-to-market readiness, and proven retail and wholesale track record were key differentiators in the tender process.”
With the agreement announcement, Beyon will now prepare for the next phase of the process, ensuring that all requirements are in place to support the project’s timely progression. The group will continue to work in close coordination with KAPP and Kuwait’s Communications Ministry to align with the programme’s objectives and readiness for implementation.
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