The Ministry of Digital Development of Ukraine has agreed to cooperate with the international telecom giant Vodafone Group in order to implement several ambitious projects. More specifically, the plans now include the construction of a submarine cable across the Black Sea, the opening of new data centers and the strengthening of the existing network.
These potential projects are designed to significantly increase the investment attractiveness of our country and contribute to its transformation into a European digital hub – with better conditions for international companies such as Meta, Google, Amazon.
According to the Ministry of Digital Development, more than half of the 5.4 billion Internet users are concentrated in Asia and the Middle East. With the development of technology, the volume of data transmitted by digital communication channels is constantly increasing. And this, in turn, requires investments in the modernization of infrastructure and an increase in the throughput of modern networks. Convenient geographical location and well-developed infrastructure make Ukraine an ideal digital hub for the European Union, the Middle East and Asia.
The Rada adopted a draft law on the restoration of the telecom infrastructure, which doubles the time it takes to review documents – from 3 to 1.5 months