Greece and Bulgaria are set to build a 5G corridor across the two countries’ border, laying the foundations of developing autonomous driving in the region.
The 5G corridor will be one of the first in Europe.
According to themayor.eu, the corridor will be connecting Thessaloniki to Sofia and Belgrade, and while the project was at first announced in 2018, it is set to be completed in 2025.
The work is included in an EU-funded initiative to create so-called 5G corridors, connecting countries through routes with high-speed internet support.
Through the Connecting Europe Facility (CEF) Digital programme over the 2022-2027 period, the EU will provide financial support for the large-scale deployment of 5G corridors all across the Bloc, with a planned budget of around 1 billion euros for the period.
Zlatina Nikolova, Bulgarian Deputy Minister of Transport and Information, told EURACTIV that half of the development will be funded by the European Commission and the rest of the funds will come from private investors.
On the Greek side, the project will be completed by the Greek telecom COSMOTE. The latter would build a 300-kilometre-long road, starting from Promahonas and reaching Velestino, a small town near Volos.
Source: Greek Herald