Germany Accelerates 5G Projects Funding

Germany Accelerates 5G Projects Funding

Foto: Depositphotos

Germany will accelerate the development of various 5G services in the country. The government plans to do that through adding extra investments into backing domestic endeavours.

The Federal Ministry of Transport and Digital Infrastructure (BMVI) revealed in a statement that 48 consortia stood to receive funding of up to €4 million per project, as part of a programme unveiled in 2019 seeking to support 5G projects. The funding is intended for local authorities to develop 5G-enabled services in areas including agriculture, health, education and administration.

BMVI selected the initial ten projects in January, providing a total of €38 million. Andreas Scheuer, Minister of Transport and Digital Infrastructure, said that this will be a boost for the mobile communications sector in the country, while hailing the potential of new applications and services to reduce costs and carbon emissions. "The next-generation technology creates completely new possibilities in everyday life and on site", added Scheuer.

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