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About FBN SIKUNET: We Pioneer New Products, Technologies, Service & Ways Of Working To Improve Customer Experiences Learning & Growth. FBN SIKUNET, as a Digital Infrastructure, Business Automation, or any type of Automation Solution Provider. Our aim is to be the global leader in all those fields. Every day we are exceeding our customers’ expectations. By bringing together world-class Programmers, Computer Scientists, Software Engineers under one roof, we are able to build and deliver high-performing services to clients.

Document:
JV proposal for IT with Business Owner, KSA, (to be announced)  
Business Objectives: The goal of this Joint Venture (JV) is to establish a leading technology firm in Saudi Arabia (KSA), delivering a wide range of advanced IT solutions tailored to meet both public and private sector needs. By leveraging the combined expertise of FBN SIKUNET and the Business owner KSA, the JV aims to provide cutting-edge services in data centers, network infrastructure, software development, process automation, artificial intelligence & machine learning, data analytics, IoT integrated solution, cloud agnostic solutions, cyber security, and managed service catering to clients across KSA, GCC countries, and Africa.


Scope-
The JV will focus on the development, implementation, and support of technology solutions that integrate and enhance the following core business areas:


1.	Digital Transformation and Innovation 
Enabling businesses to modernize their operations through technology solutions in software development, data and AI, process automation, and cloud adoption. Additionally, our Web 3.0 solutions enable decentralized, blockchain-based applications for businesses seeking the next generation of digital solutions.

2.	Cloud and IT Infrastructure Solutions
Offering cloud solutions, data center management, and network infrastructure, we ensure secure and scalable environments to support businesses in their digital transformation, from on-premises setups to the cloud.

3.	Data Analytics and AI-Powered Decision Making
We integrate advanced data analytics and AI technologies to provide businesses with deep insights and predictive capabilities, enhancing decision-making processes and driving operational efficiencies.

4.	Intelligent Process Automation (IPA)
Leveraging robotic process automation (RPA) and other intelligent automation tools, we optimize workflows, reduce costs, and increase productivity by automating manual and repetitive tasks.

5.	 Cybersecurity and Risk Management
With a strong focus on security, we offer robust cybersecurity services to protect businesses from digital threats, ensuring secure data management, risk mitigation, and compliance.







6.	Digital Marketing and Customer Engagement Solutions
Through data-driven digital marketing strategies and customer engagement techniques, we help businesses enhance their digital presence, improve customer acquisition, and drive brand loyalty.

7.	Custom Software and Mobile App Development
We specialize in custom-built software and mobile app solutions that cater to the unique needs of each client, providing tailored functionalities that drive efficiency and improve user experience across platforms.

8.	Web 3.0 and Blockchain Solutions
We offer Web 3.0 development services that include decentralized applications (dApps), blockchain integration, and smart contract solutions, empowering businesses to adopt cutting-edge technologies for enhanced transparency, security, and user control.


With these enhanced capabilities, the joint venture establishes itself as a forefront provider of advanced digital solutions, empowering businesses to fully leverage emerging technologies across KSA, GCC, and Africa."



Term- The term of the JV Company is intended to be perpetual, continuing until modified or terminated under the provisions set forth in the JV Agreement, subject to further negotiations

Formation of JV Company- JV Company is intended to be formed in The KSA under the banner of Business Owner KSA and its Associates Partner Monzur & Associates by incorporating the FBN SIKUNET.

Name and Principal Place of Business- The name of the Company is intended to be selected by the JV Partners with a principal place of business located at Jeddah initially or at any other such place of business that the management may determine.
 
 


Business operations-  
 
“Business Owner” KSA– 

1.	 Formation of JV Company, where the JV will provide all logistical and financial support for setting up operations, including but not limited to office space, equipment, and other necessary resources to ensure seamless operations within the defined scope. 
2.	Buying or leasing vehicles for the movement of IT professionals and technicians for troubleshooting and software, hardware installation, support service, onsite meeting at clients’ offices.
3.	Cover all operational expenses related to administration, HR, marketing, sales, and technical sales staff for conducting market studies, exploring market opportunities, and closing sales in KSA, GCC countries, and Africa.
4.	Obtaining business permission, trade licenses and other documents from the government departments of the KSA.
5.	Monzur & Associates- (Associate Partner at Business Owner KSA) In the KSA- Monitoring and supervising of marketing, inventory management. Ensuring logistic support, preparation of monthly Accounts Statements, Operating commercial activities with bank(s). Coordination and monitoring of back-up office in Bangladesh.
    
Business Owner, BD (FBN SIKUNET)- 

1.	FBN SIKUNET will support the eight core business areas as defined in the scope section of this document. This includes server, storage, backup & virtualization; network, security & IPT contact center; data center, power and passive infrastructure; building management system and security surveillance; fire protection and detection; robotic process automation; cybersecurity; and AI/ML and bespoke software development. Specific activities will include software development, cloud service installation and management, data security, ensuring compliance with quality standards, programming, network administration, cyber security measures, infrastructure maintenance, software updates, data archiving, technical support, IT management, hardware and software procurement, data management, threat assessment, data storage and backup, and ongoing supplier contract monitoring.
2.	FBN SIKUNET will provide design, development, and implementation support for all products developed and delivered to clients, in accordance with the contract terms established between the clients and the JV Company. All contracts will be vetted by FBN SIKUNET prior to signing.
3.	Managed Service: FBN SIKUNET will offer comprehensive managed services, including continuous monitoring, maintenance, and support for IT infrastructure and services as outlined in the scope. These services will ensure optimal performance, reduced downtime, and proactive issue resolution, tailored to meet the needs of clients across KSA, GCC countries, and Africa. 
4.	Cloud Infrastructure Management: FBN SIKUNET will provide comprehensive cloud infrastructure solutions, including deployment, management, and optimization for clients in Bangladesh and other countries. These services will align with the broader business objectives of enhancing scalability, security, and efficiency for clients in KSA, GCC countries, and Africa.