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Bahrain ICT spending may top $138m

Manama, June 29, 2009

Bahrain’s information and communications technology (ICT) expenditure is likely to touch $138.3 million from 2009 until 2011, according to a report.

The total investment outlay, as revealed by the report, stipulates that Bahrain will spend $53.9 million this year.

Furthermore, the forecast also indicates that collectively, mixed-use civil projects in the GCC countries will account for about $2.95 billion in communications hardware spending during the three-year period.

The residential and commercial developments are expected to account for $674 million and $577 million, respectively, it added.

“The increased demand for communications hardware in Bahrain is fuelling high spending from both the private and public sectors. Furthermore, the economy crisis has spurred a shift in organisations’ tactic from merely spending high to spending smart,” said Ahmad Zeidan, channel sales manager, Netgear Middle East.

Netgear is a global provider of technologically-advanced and branded networking and storage products.

According to Zeidan, Netgear supports technological revolution in the Kingdom by offering best-of-breed networking and storage products.

Driven by its aims to support to the technological revolution in Kingdom, the company is offering its best-of-breed products for the benefit of government departments, small and medium businesses (SMBs), as well as home users.

One of the company’s latest products is the ReadyNAS NVX, a 4-bay desktop network-attached storage solution designed for SMBs, which was launched in the Middle East earlier this year.

“The positive projection for the ICT spending in the Kingdom poses an excellent opportunity for us to expand our reach in this particular market, and we plan to do this by highlighting the advanced features of our products that combine the latest technologies and excellent quality at the right price.”

With a focus on merging reliability with high performance, Netgear’s products include Ethernet networking, broadband and wireless networking segments, comprising switches, adapters, wired and wireless routers and gateways, enabling users to share internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other internet-enabled devices.

'We consider the Kingdom as one of our key markets in the region; however, we remain vigilant in identifying opportunities within untapped destinations that can benefit from our portfolio of technology-driven products,' Zeidan added.-TradeArabia News Service




Tags: Bahrain | Netgear | ICT spending |

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