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    Home > Chemicals Industry > International Chemical > Italy plans to spend 6.7 billion euros to expand its broadband network

    Italy plans to spend 6.7 billion euros to expand its broadband network

    • Last Update: 2023-01-03
    • Source: Internet
    • Author: User
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    According to Reuters, the Italian government will spend 6.
    7 billion euros on broadband network expansion to promote economic and social recovery, which is 60%
    more than the previous target.

    The Italian government is revising a plan for national recovery and resilience to boost the domestic market
    in the later stages of the pandemic, according to the news.

    Italy plans to receive assistance through the EU's €206 billion recovery fund, which is used to help the countries hardest hit by the
    COVID-19 pandemic.

    The Italian government now plans to increase spending on broadband, 5G and satellite infrastructure to €6.
    7 billion from €4.
    2 billion
    set by the previous government in January.

    A source said that the total investment in promoting digitalization will increase from 46.
    3 billion euros to 49 billion euros, including investments in public management and assistance
    to small and medium-sized companies.

    In the EU's Digital Economy and Society Index (DESI) 2019, Italy ranks fourth
    from the bottom in terms of digital competitiveness.

    According to Reuters, the Italian government will spend 6.
    7 billion euros on broadband network expansion to promote economic and social recovery, which is 60%
    more than the previous target.

    The Italian government is revising a plan for national recovery and resilience to boost the domestic market
    in the later stages of the pandemic, according to the news.

    Italy plans to receive assistance through the EU's €206 billion recovery fund, which is used to help the countries hardest hit by the
    COVID-19 pandemic.

    The Italian government now plans to increase spending on broadband, 5G and satellite infrastructure to €6.
    7 billion from €4.
    2 billion
    set by the previous government in January.

    A source said that the total investment in promoting digitalization will increase from 46.
    3 billion euros to 49 billion euros, including investments in public management and assistance
    to small and medium-sized companies.

    In the EU's Digital Economy and Society Index (DESI) 2019, Italy ranks fourth
    from the bottom in terms of digital competitiveness.

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