US: Spending more than 42 billion USD on high-speed Internet infrastructure

SGGPO June 27, 2023 10:47

On June 27, according to Reuters news agency, US President Joe Biden announced that he will spend 42.5 billion USD to expand high-speed Internet access nationwide from now until 2030. This is part of President Biden's "Invest in America" agenda with the goal of leaving no one behind.

President Joe Biden announces $42.5 billion plan to expand high-speed internet access nationwide

According to the White House, 8.5 million households and small businesses still live and operate in areas that lack high-speed Internet infrastructure and have limited access to reliable Internet service. Therefore, this effort is to ensure that all Americans have access to high-speed Internet at affordable prices and quality. In terms of the size of the investment package, this is the largest investment package in the history of this country.

The investment package was announced in the context of the US Government's ambition to bring high-speed Internet to remote areas using fiber optic cables, helping households, farms and schools to have uninterrupted connectivity.

President Biden is currently working to promote his achievements in infrastructure investment, the economy and climate change, to create a support base for his re-election campaign in 2024.

Source: https://www.sggp.org.vn/my-chi-hon-42-ty-usd-cho-ha-tang-internet-toc-do-cao-post695171.html