What sort of firepower is Italy deploying to revitalize its infrastructure network? The investment figures can be hard to decipher, because funding for projects being overseen or planned at the Ministry for Infrastructure and Sustainable Mobility (MIMS) comes from the European Union, the Next Generation EU-backed National Recovery and Resilience Plan (NRRP), Italy's own budget, and other European funds.Italy's state-owned export credit agency SACE has done the math, and in a new report it calculates that the total investment for infrastructure comes to about USD 100 billion over the next ten years. The report, “Yesterday, Today and Tomorrow: Infrastructure in Italy,” outlines a breakdown whereby the NRRP contributes USD 40.01 billionthat the ministry will allocate to infrastructure works. Added to this are USD 20.11 billion in complementary national funding earmarked for projects with a higher degree of complexity.
But that's not all, because 2021 budget allocated additional funds of USD 36.1 billion to the MIMS, which are to be invested in upgrading the country's mobility systems with a view to sustainable development. Adding up the various items, the grand total comes close to USD 100 billion to be spent over the next ten years to modernize the country's infrastructure network. At the center are major strategic works, such as the development of the high-speed rail network, the completion of the TEN-T corridors, the upgrading of nodes, railroads and regional networks, and the narrowing of the gap between industrialized north and the underdeveloped south. This infrastructure will modernize the country on the one hand and contribute to increasing its wealth and welfare on the other.

Source: https://www.webuildvalue.com/en/global-economy-sustainability/italy-infrastructure-investment-100-billion.html