Lower population density areas in Poland will gain a better internet connection and access thanks to the deployment of very high capacity network broadband services under a project financed by the European Investment Bank (EIB) and backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe.
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 access network in less densely populated areas of five Polish regions located in central and north-eastern Poland. Nexera plans to deploy a fibre-to-the-home network that will pass more than 700,000 addresses including households, businesses and schools in the five regions by 2025 connecting around 530,000 households and 1,400 schools by 2023.
Commissioner for the Economy, Paolo Gentiloni, said: I welcome this financing agreement between the EIB and Nexera, which is backed by the Investment Plan for Europe. 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.
The Investment Plan for Europe has so far mobilised €546.5 billion of investment, of which around €21 billion in Poland.
The press release is available online.