Large room for investments in next generation access networks in Northern Greece

By August 14, 2018News

The implementation of the ‘‘Ultra-Fast Broadband (UFB)’’ project by the Ministry of Digital Policy, Telecommunications and Media aims at mapping private investment projects related to Next Generation Access (NGA). This particular project, which has to do particularly with Northern Greece, aims at creating the necessary infrastructure for the provision of high-speed broadband internet services in areas of the country which are not covered by such networks.

With the detailed listing of private investments, which are scheduled by the end of 2023, the General Secretariat for Telecommunications and Post of the Ministry of Digital Policy, Telecommunications and Media will be given the opportunity to plan in the best possible way the new action, which forms part of an intervention grid for the full coverage of the country by fiber-optic networks. This is expected to change the image and broaden the growth potential of the domestic digital economy, which will decisively facilitate the promotion of innovative projects, solutions and proposals.

The ‘‘Ultra-Fast Broadband’ project will be implemented through Public-Private Partnerships with a budget of 350 million euros. The financial size of the project itself shows the needs that exist and the perspectives that are being created, while the public involvement funds come from the European Regional Development Fund (ERDF) – Operational Programme ‘‘Competitiveness, Entrepreneurship, Innovation’’ (EPAnEK) and the European Agricultural Fund for Rural Development (EAFRD) – Rural Development Programme 2014-2020 (RDP).