SUBMARINE TELECOMS INDUSTRY REPORT – SECTION 2.2: REGIONAL DISTRIBUTION OF FINANCING

2.2.1 Multilateral Development Banks

The regional distribution of MDB investment for 2004 to present is presented below. MDBs have invested more than $3.2 billion in submarine telecoms cables. Most of this total investment — 55 percent — has been invested in EMEA projects with a focus on systems located primarily in Africa. Only 11 percent of total MDB investment has been made in AustralAsia, with 17 percent invested in the Americas, 15 percent in the Transatlantic and 2 percent in the Indian Ocean Pan-East Asian region. (Figure 26)

Figure 26 - Distribution of MDB Investment, 2004-2019

Figure 26 – Distribution of MDB Investment, 2004-2019

2.2.2 Multiple Owner Systems

The regional distribution of Multiple Owner investment for 1987 to present is presented below. Multiple Owner systems have invested $31.8 billion in submarine telecoms cables. The largest portions of this total investment — 30 percent — has been invested in AustralAsia projects. Similarly, 21 and 18 percent of total consortia investment has been made in EMEA and Indian Ocean Pan-East systems, respectively. The Transpacific region has received 15 percent of Multiple Owner investment, the Transatlantic has received nine percent and the Americas has received seven percent. (Figure 27)

Figure 27 - Distribution of Multiple Owner Investment, 1990-2019

Figure 27 – Distribution of Multiple Owner Investment, 1990-2019

Over the last ten years, Multiple Owners have invested nearly $15 billion primarily focusing on the AustralAsia, EMEA and Indian Ocean Pan-East Asian regions at 26, 26 and 24 percent, respectively. Systems in these regions are typically much longer in cable length than in other regions and tend to connect more landings which helps account for their large investment percentage. The Transpacific region has seen the next most investment from Multiple Owner systems at 13 percent while the Transatlantic and Americas regions have each received about five percent of the total dollar investment from Multiple Owner systems since 2009. (Figure 28)

Figure 28 - Distribution of Multiple Owner Investment, 2009-2019

Figure 28 – Distribution of Multiple Owner Investment, 2009-2019

2.2.3 Single Owner

The regional distribution of Single Owner investment for 1990 to present is presented below. Single Owners have invested $18.3 billion in submarine telecoms cables. Most of this total investment has been in Americas and Transatlantic systems at 26 and 23 percent, respectively. Similarly, 19 percent of total private investment has been made in the EMEA region followed by 15 percent in AustralAsia 11 percent in the Indian Ocean Pan-East Asian and one percent in Polar projects. (Figure 29)

Figure 29 - Distribution of Single Owner Investment, 1990-2019

Figure 29 – Distribution of Single Owner Investment, 1990-2019

Over the last ten years, Single Owner systems are responsible for $8 billion worth of investment primarily focusing on the AustralAsia, Americas and EMEA regions at 32, 26 and 24 percent, respectively. The next most is the Transatlantic at eight percent followed by the Indian Ocean Pan-East Asian and Transpacific each at four percent with Polar projects accounting for just two percent of all investment. While Single Owners have more development flexibility than Multiple Owner systems, it seems the focus has been on more specific, regional or point-to-point systems. (Figure 30)

Figure 30 - Distribution of Single Owner Investment, 2009-2019

Figure 30 – Distribution of Single Owner Investment, 2009-2019