Poland Communities Receive Funding for High-Speed Internet
Lower population density areas in Poland will gain a better internet connection and access with the deployment of high-capacity network broadband services under a project financed by the European Investment Bank (EIB).
The EU bank has agreed to lend up to PLN 325 million (approximately €73 million) to Nexera to finance the rollout of a fibre-to-the-home (FTTH) access network in less densely populated areas of five Polish regions, or voivodeships (Warminsko-Mazurskie, Kujawsko-Pomorskie, Mazowieckie, Lodzkie and Swietokrzyskie). These regions are located in central and north-eastern Poland.
The project is backed by a guarantee from the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan for Europe. Nexera will also benefit from national and EU public subsidies, awarded to it following the Digital Poland contest, or Program Operacyjny Polska Cyfrowa (POPC), for the provision of co-financing for the design, construction and operation of FTTH networks in Poland. The subsidies will be used to partially fund the required investments.
“I welcome this financing agreement between the EIB and Nexera, which is backed by the Investment Plan for Europe,” said European Commissioner for the Economy Paolo Gentiloni. “It will help provide a better internet connection to many households, schools and businesses in less populated areas. This is great news for Poland’s digital transition and the connectivity of its citizens.”
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