New investments of 32 billion are foreseen in the 2022-24 budget bill to strengthen and modernize infrastructures and mobility, with a view to sustainable development. Overall, about 16 billion are destined for rail transport, about 9 billion for the improvement of road infrastructures, about 7 billion for interventions for sustainable mobility, especially in urban centers, and about one billion for other purposes, including resources for works water and for the Milan-Cortina limpiadi. These are measures consistent with the principles of the NRP and which make it possible to extend the effort envisaged until 2026 with the funds of the Next Generation Eu also in the second part of the decade. Added to these is a structural increase for the local public transport fund (1.3 billion over the next 5 years), which has been inactive for many years, which will allow for an increase and improvement in services for commuters.
5 billion to speed up and strengthen the Adriatic railway line
The Fund will finance interventions for the renewal of the bus fleet of local public transport, the purchase of hydrogen trains on non-electrified railway lines, the construction of urban and tourist cycle routes, the development of intermodal transport on rail, the adoption of fuels alternatives for the supply of ships and airplanes and the renewal of vehicles for road transport. In order to promote sustainable mobility through ‘iron maintenance’ in large urban areas, investments of 3.7 billion are planned for the extension of the metropolitan networks in the cities of Turin, Milan, Genoa, Rome, Naples and a a further billion is destined to complete the financing of rapid mass transport projects. A second important innovation is the assignment of 5 billion to speeding up interventions on the ‘Adriatic’ railway line, so as to reduce travel times for citizens and increase the transport capacity of goods, in the logic of creating a second strategic corridor, next to the Tyrrhenian one, of the European core Ten-T network. This is an intervention that will concern the entire Bologna-Lecce line and will allow for the improvement of connections between the north and south of the country.
A refinancing of 100 million from the Price Adjustment Fund is also envisaged to cope with the sharp rises in the prices of raw materials in the construction sector of public works.
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