China Invests US$500 Million on Groundbreaking Subsea Cable Network to Rival USA

China has set its sights on developing the world’s most extensive and advanced subsea fiber-optic internet cable network, spanning across Asia, the Middle East, and Europe. The cable network will cost an estimated US$500 million to complete, and it will be laid by Huawei Technologies Co Ltd-owned fast-growing cable firm, HMN Technologies Co Ltd. The EMA (Europe-Middle East-Asia) cable project will connect Hong Kong to China’s island province of Hainan and will stretch through Singapore, Pakistan, Saudi Arabia, Egypt, and France, according to Reuters.

China’s three main companies, including China Telecommunications Corporation (China Telecom), China Mobile Limited, and China United Network Communications Group Co Ltd (China Unicom), are mapping out one of the world’s most advanced and far-reaching subsea cable networks.

This is according to four people involved in the deal told Reuters on 07 April 2023, stressing that the plan is a sign that an intensifying tech war between Beijing and Washington risks tearing the fabric of the internet.

As tensions between Beijing and Washington continue to escalate, the EMA cable project is seen as a direct rival to a similar U.S.-backed project, and it could pave the way for China to gain an edge in the ongoing tech war. The EMA cable project represents a significant milestone in China’s efforts to build a globally connected digital economy.”

The EMA cable project is expected to profoundly impact global communication and business networks, enabling faster and more reliable internet connectivity. In addition, it will open up new opportunities for real estate development and investment in areas where the cable will be installed. The completion of the EMA cable project will help establish China as a key player in the global digital economy.

The EMA cable project is a testament to China’s commitment to advancing its digital economy and global connectivity. The cable network is a game-changer that will revolutionize the way the world communicates and does business, and it will undoubtedly create new opportunities for real estate investment and development. As the world watches this groundbreaking project unfold, one thing is clear: China’s ambitions know no bounds.

- Video Advertisement -

Related Post

Henan Provincial Administrative to Invest in Agro-Industrial Park in Cambodia

The Henan Provincial Administrative of China has announced plans to invest significantly in Cambodia to establish an agro-industrial park focused on agricultural product processing. This development was revealed during a recent meeting with His Excellency Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), and a […]

Thailand is accelerating major projects to become the largest transportation hub in ASEAN

Thailand is accelerating efforts to become the leading transportation hub in Southeast Asia by developing major infrastructure projects, including cruise ship terminals, a new airport, and flyovers. Deputy Minister of Transport Manaporn Charoensri emphasized the country’s strategic geographic location, which positions it as a central transit point in the region. Key initiatives include constructing three […]

Thailand to Invest USD 11 Million in Border Fence with Cambodia

In a move to bolster border security, Thai authorities have announced plans to construct a 55-kilometer fence along the Cambodian-Thai border in Sa Kaeo province, with an estimated budget of 395 million baht (approximately USD 11 million). This significant development was reported by Radio France Internationale (RFI) on February 13, 2025. Deputy Prime Minister Phumtham […]

Takeo Province to Invest Over USD 2 Million in New Temple Project

In a move aimed at enhancing cultural heritage and boosting tourism, provincial authorities have announced plans to invest more than USD 2 million in the construction of a new temple located in the heart of Lake Takeo. The initiative was disclosed at a meeting led by Mr. Vy Samnang, Governor of Takeo Province. Governor Wei […]

BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone

In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant […]

Cambodia Welcomes 12 New Investment Proposals Worth USD 135 Million

In a promising development for the nation’s economy, Cambodia received 12 new investment proposals in early February, collectively valued at USD 135 million. These proposals were submitted to the Cambodia Investment Committee, part of the Council for the Development of Cambodia, and will be examined at the upcoming second “Single Gateway Meeting” in 2025. The […]