From the PNRR push for the creation of strategic infrastructure works
PRESS NOTE - Arzignano (VI) - november 29, 2023
La Prime Minister Meloni recently commented positively on the approval by the European Commission of the revision of the National Recovery and Resilience Plan which, in particular, resizes the financing package dedicated to REpowerEU. With these changes, the PNRR funds increase from 191.5 to 194.4 billion divided into 614 objectives (instead of the original 527).
The PNRR continues to represent a very useful tool for the country, both for the energy transition and for the modernization of road networks and buildings. In this context, also thanks to European funding from the PNRR, Italy is making the largest investment in infrastructure in its history: approximately 125 billion euros by 2032 for strategic works.
According to some data processed by the PwC research office, 1,700 construction sites have been opened to date, with 20 strategic infrastructures in an advanced state of construction, for a value of almost 60 billion euros. An opportunity to shorten the distances between Italy and the main European countries in terms of transport and infrastructure. According to the evidence of the latest report "Subsidiarity and... governance of infrastructure", carried out by the Foundation for Subsidiarity (FPS), at the end of 2021 the value of transport infrastructure in Italy was approximately 487 billion euros, compared to 717 in France and Germany's 956. Furthermore, it emerged that:
- Italy allocates just 0.9% of gross domestic product (2020) to transport infrastructure, almost half compared to major European partners such as France (0.9%), Germany (0.8%) and Spain ( 0.5%) based on the most recent data available (2021);
- from 2010 to 2019, Italy spent around 96.4 billion euros on the construction and maintenance of transport infrastructure. Investments exceeded 227.8 billion euros in Germany, 223.6 in France and 186 in Great Britain. Only Spain did less with 90.4 billion euros.
- according to the Report, a reflection on the tools to implement the new ambitious plan is necessary
La The ability to plan both temporal and financial resources thanks to
predictive maintenance software suites and a database that boasts over 40 thousand equivalent bridges in Italy is the strong point of Franchetti SpA. Thanks to this technological equipment
Franchetti SpA, a
company listed on the segment Euronext Growth Milan of the Italian Stock Exchange (Ticker BIT: FCH), is already positioned to best seize the opportunities arising from the PNRR and support companies, public concessionaires and players in the infrastructure and transport sector in allocating financial resources in order to modernize road networks, bridges, viaducts and railways.
