€6 billion budget for upgrading Italian highways
A €6 billion budget has been set for upgrading Italian highways
Italy /February 29, 2024 /World Highways /By MJ Woof -- The Italian highway firm ANAS will spend €6 billion on new links as well as upgrades and maintenance works. Half of the budget will be for building new road connections.
Image Source | (© markusspiske | pixabay)
Maintenance work and research and development work will account for €2.8 billion of the budget. A further €130 million will be used to carry out various studies and design work. The 2021-2027 Development and Cohesion Fund is being used to deliver the funding.
This follows on from Italy's earlier news over plans to invest €21.5 billion over 50 years in a bid to develop the country's highway network.