Honduras: $45 Million for Digital Connection Projects

The IDB loan funds will be part of the investment in equipment to operate the broadband network through a public-private cofinancing model.

Monday, December 16, 2019

The program to be implemented aims to cover and use connectivity, reduce transaction costs for citizens, businesses and public agencies through the development of digital government and encourage the development of the digital economy in the country, informed the Inter-American Development Bank (IDB).

The statement dated December 12 reviews that "... The project will connect more than 700 public educational and health sites, support the updating of the regulatory framework to promote connectivity and equip a broadband network operation center through a public-private co-financing model.

In addition, it will contribute to improving the quality and efficiency of public service provision through simplification, digitization and automation of procedures. It will also improve the performance and increase the efficiency of public financial management by modernizing the State's financial management system.
"

In the digital economy, the master plan Comayagüela Digital City will be prepared and the Centre for Design and Technological Innovation for Entrepreneurs of the National Autonomous University of Honduras will be equipped, a space for the development of innovation, research and technological development initiatives. In San Pedro Sula the design and construction of the Digital District will be financed, which will consolidate the centers of innovation and digital training under a model of public-private governance, concludes the document.



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