Austrian Recovery & Resilience Plan / 2. Digital construction / Digitalisation and greening of businesses
The Austrian Recovery & Resilience Plan consists of measures designed to tackle the Covid-related economic crisis.
The plan is divided into four main pillars:
1) Sustainable development
2) Digital development
3) Knowledge-based development
4) Just development.
The implementation of the measures of the plan will require an investment of EUR 4.5 billion over the period 2020-2026. All measures will be implemented by 31 August 2026 at the latest.
The second pillar of the plan consists in expanding the digitalisation of the economy thanks to:
- Broadband expansion
- Digitalisation of schools
- Digitalisation of public administration
- Digitalisation and greening of businesses.
The second pillar's total budget ise EUR 605 million, of which EUR 32 million will be allocated to SMEs.
Want to know more about this policy ? Learn more (German)