Bulgaria Needs BGN 890 M for Broadband Internet

Business | October 13, 2009, Tuesday // 11:36
Bulgaria Bulgaria Needs BGN 890 M for Broadband Internet: Bulgaria Needs BGN 890 M for Broadband Internet Currently, the ministry is developing a strategy on providing Internet access on the territory of the whole country. The government aims 100% coverage until 2013. File photo

Bulgaria will needs to invest BGN 890 M in the development of a broadband Internet network all over the country.

This has been announced Tuesday by Deputy Minister of Transport, Information Technology and Communications, Parvan Rusinov.

In his words, currently, the ministry is developing a strategy on providing Internet access on the territory of the whole country. The government aims 100% coverage until 2013.

However, the state budget will not cover the whole broadband Internet investment, Rusinov said. The business will be asked to take some of the investment burden, in exchange of which the government will offer some better conditions.

“The broadband Internet network is a priority for the government. The development of such infrastructure in the poorly developed regions is part of most governments' anti-crisis measures”, Rusinov said.

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