Romania to invest EUR 3.9 bln to meet IT&C objectives by 2020

Romania needs to invest EUR 3.9 billion to increase broadband coverage, the use of e-government services, online sales and the number of employees in the IT&C sector, as part of the country’s IT&C objectives by 2020. “The direct and indirect impact on the economy, calculated in accordance with good practices in other European countries that have made similar investments, can be translated into a 13% increase in GDP, into 11% more jobs and lower administration costs by 12% in 2014-2020,” reads the National Strategy project for Romania’s Digital, published by the Ministry for Information Society, cited by local Mediafax. Most of the investments, namely some EUR 3.1 billion, will be allotted to broadband infrastructure development. Irina Popescu, irina.popescu@romania-insider.com