(ANSA) – ROME, 01 AUG – Italian infrastructure spending is expected to grow by 2.6% in the period 2021-2026 and, in the decade, by an average of 1.7% per year. It is a rate above the eurozone average (+ 1.5%) and GDP growth, according to Sace’s focus ‘Yesterday, today and tomorrow: infrastructures in Italy’ with a study carried out by Oxford Economics and Cresme analysis .
“The expected increase in investments in infrastructures marks a clear change of pace compared to the past”, reads the report which recalls how in Italy “investments in infrastructures have steadily decreased over time” with an expense that, since the global financial crisis from 2008 to 2021, it contracted on average by 2.8% per year (five times the rate at which GDP decreased in the same period).
Ports, airports and railways will be the sector that will grow the most in the next five years (+ 3.8% on average per year), followed by infrastructures for electricity and gas (+ 3.2%), driven by the push to green and the energy transition.
“The time is now: the exceptional availability of huge EU resources represents a unique opportunity for Italy to strengthen its infrastructural system. The resources of the NRP are the primary source of financing” and “the banking system and the support of Sace will be able to expand the necessary resources “, reads the report.
(HANDLE).
Source: Ansa
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