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Welsh Gain £13.4m Broadband Boost
By: MarkJ - 06 November, 2003 (9:17 AM)

A £13.4million project, aimed at helping bring broadband technology to deprived areas of Wales, has been boosted by a European grant worth £5million:

A European grant worth £5million has been awarded to the RIBS (Regional Innovative Broadband Support) Programme. RIBS supports innovation and is part of, and compliments, the Welsh Assembly Broadband Wales Programme, which is investing £115million to ensure Wales doesn’t miss out when it comes to high speed communication networks.

E-Minister Andrew Davies said: "Broadband links are to the 21st century what canals were to economic development in the 19th century, and motorways in the 20th. They are the key element of infrastructure, and any company wishing to compete in the global market will need to have access. This announcement is a significant step forward in filling the gaps that the market will not reach on its own, and greatly improving prospects for the future of the Welsh economy."

RIBS will provide part funding for innovative, local and regional projects particularly in areas that would otherwise not have access to high-speed communications networks.

More details can be found HERE.

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