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EIB exploring new project ideas to support digitalization across Eastern Partnership

ICT Materials 22 April 2021 17:44 (UTC +04:00)
EIB exploring new project ideas to support digitalization across Eastern Partnership

BAKU, Azerbaijan, Apr.22

By Leman Zeynalova – Trend:

The European Investment Bank (EIB) is currently exploring new project ideas in support of the digitalization across the Eastern Partnership, EIB told Trend.

“For the EIB, the support for the digital economy is key to boosting technological innovation and services and essential to driving productivity growth. COVID-19 pandemic also shown that digitalization is key to successful continuation of business operations in crisis situations.

All aspects of everyday life and business are becoming increasingly digital, putting broadband networks, software development, cyber security and telecom services as priority areas for the EIB,” said the Bank.

In line with the main goals of the European Union`s Digital Agenda, the EIB said it is committed to supporting Europe’s growing data traffic by investing in high-speed internet, mobile networks and cloud computing.

The Bank therefore provides finance and technical expertise for projects that further these ambitions and is currently exploring new project ideas in support of the digitalisation across the Eastern Partnership.

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Follow the author on Twitter: @Lyaman_Zeyn

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