Austria, Oct. 20 -- The European Investment Bank (EIB) is lending €75 million to Austrian fibre infrastructure provider oGIG to expand its high-speed network across Austria. The financing will support the rollout of open-access fibre networks, with a focus on areas with limited access to high-speed digital infrastructure in the Austrian states of Burgenland, Carinthia, Lower Austria, Styria, Upper Austria and Vorarlberg.The loan is the first tranche of planned EIB financing for the project. Commercial banks are among the other financing partners. The combined financing package from the EIB and commercial banks for oGIG's project totals €225 million. Reliable digital infrastructure is essential to regional development. Modern fib...