The focus of this investment is the expansion of trans-European transportation networks. Italy plans to expand rail links connecting Trieste, Venice and Ravenna on the Adriatic coast with the Baltic Sea, and the Mediterranean with the North Sea via the port of Genoa and Milan.
Both the high-speed network and regional passenger transport will be modernized over the coming years. The backlog demand for regional rail transport is particularly high. Last year, regional trains were ordered for 4.5 billion euros.
A boost for freight transport
These rail network investments are also providing a boost for freight transport. Road haulage currently dominates freight transport, with only 7% of goods being transported by train. As part of the expansion of the rail network, the Ministry of Transport has introduced an incentive package called "Ferrobonus" for rail freight companies. The total amount of funding for the incentive is 120 million euros per year through 2019. In addition, the state is pushing to modernize the freight train fleet.
The various investment projects ensure high demand for signaling technology and electrification equipment – two areas which are also of interest for Swiss SMEs.
"We help Swiss SMEs together with our network of experts on the ground to ensure the success of tendering bids," explains Stefan Zwicky, Head of Swiss Business Hub Italy. "We can also provide help in finding Italian cooperation partners, for example through participation in the Expo Ferroviaria."
Italy country consultation
Discuss your export plans for Italy in an individual country consultation with our consultant for Italy, Spain and France Beat Kuster and schedule an appointment today.