On the one hand, the EU Recovery Fund offers a unique opportunity to take a big step forward towards modernizing the country. On the other hand, major projects such as the 2026 Winter Olympics are on the horizon, which will involve sustainable investments in infrastructure.
“Next Generation Italia” and “Italia Veloce” as an opportunity
The loans and guarantees under the “Next Generation Italia” recovery plan amount to some 200 billion euros (28 billion for high-speed rail and roads, 3.7 billion for logistics/intermodal transport, 29 billion for energy efficiency, 17.5 billion for the energy transition, 5.2 billion for the circular economy, 37 billion for digitalization, 18 billion for healthcare, etc.). Other programs such as “Italia Veloce” are intended to get bogged down projects moving again, with additional commissioners being appointed for around 60 existing major projects, such as the Brescia-Padova high-speed train line, to ensure their realization.
Cutting-edge: the planning of the “Milano Cortina 2026” Winter Olympics
The “Milano Cortina 2026” Winter Olympics will be another major project. Here the infrastructure investments are estimated at around 1 billion euros and include projects in Lombardy, Veneto and South Tyrol. The specially founded company “Infrastruttura Milano-Cortina 2026 Spa” is managing the corresponding tenders. An agreement between the organizer and the trade association Confindustria will ensure the ‘maximum involvement’ of the local economy. Nevertheless, highly specialized suppliers from abroad are likely in many cases.
Further information on the most important online portals for public procurement, as well as useful contacts, can be found in the factsheet compiled by our experts at the Swiss Business Hub Italy.