RIYADH: Saudi Telecom Company, stc, has signed a strategic agreement with China’s Huawei to set up local data centers in the Kingdom. The deal plans to develop the data centers by setting up a factory, which will use Huawei’s global reach to establish national competencies in the Kingdom. CEO of stc, Olayan Mohammed Al-Watied said the possibility of setting up a data center equipment factory increases the readiness of the digital infrastructure in the Kingdom, and boosts its position as a leading digital center in the region. The agreement will also go some way to achieving the Kingdom"s 2030 vision of diversifying the economy.