Information technologies

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Sector - information and communication technologies and broadband infrastructure

The information and communication technology (ICT) infrastructure plays a significant role in catalyzing economic growth, especially in today's age of the Internet and mobile telecommunications. The information and communication technology infrastructure is a leading driver of growth in countries that have realized its importance. It is therefore not surprising that many developing countries are working hard to internalize ICT, by balancing the limited distribution of their income, in order to quickly catch up with developed economies.

The infrastructure of the information and communication technology includes digital telephone networks (4G, 5G, etc.), fixed broadband internet (Next Generation Access, Fixed Very high capacity network), etc.

When it comes to running a modern business, the importance of ICT infrastructure, otherwise known as information highways, is undeniable - for example, supply chain management, B2C and B2B transactions and instant transfer of funds, digital public services, human capital, etc.

Greater broadband availability leads to economic growth: there is a strong correlation between broadband availability and jobs and GDP growth.

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