ATHENS – Hoping to lure skilled digital nomads who demand a blazing Internet, Greece has put out bids to develop the Ultra-Fast Broadband (UFBB) services in the country where it's occasionally frustrating with service broken or slow.

It was announced by e-Governance Minister Kyriakos Pierrakakis and has a budget of 700 million euros ($835.98 million) of which 300 million euros ($358.28 million) comes from public funding.

The project’s target is to set up 750,000 high-speed internet connections at 100 Mbps, upgradable to 1Gbps, according to the guidelines of the EU’s Connectivity for a European Gigabit Society plan, said Kathimerini.

The ministry’s digital transformation plan, alongside the project and other projects funded by the EU Recovery Fund, includes the implementation of 5G transmission corridors, the development of submarine cables, as well as inland infrastructures and microsatellites, the report also added.