Balkan telecoms and media company United Group plans to invest $2bn in Greece up to 2027 to upgrade its telecoms infrastructure, the prime minister’s office said.

United Group, majority owned by private equity firm BC Partners, will install a 10-gigabit fiber optics network to service 4.5 million customers, the office of Prime Minister Kyriakos Mitsotakis said in a statement.

Mitsotakis, who met with United Group representatives on Thursday in Athens, said he expected 2022 would be “a record year for Greece in terms of attracting foreign investment.”

Read more: Reuters