Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
build a bridge between Sicily and Calabria
Global investment

The Italian government plans construction of the bridge between Sicily and Calabria

29.12.2025
2 min read

The construction of the bridge between Sicily and Calabria has been delayed for a long time

Led by Giorgia Meloni, the Italian government has approved the construction of a bridge across the Strait of Messina. The bridge will connect Calabria with Sicily. Considered one of the country’s most important projects, it will undergo implementation under the supervision of the CIPESS committee. CIPESS deals with issues of sustainable development.
Construction will cost an estimated €13.5 billion. The bridge’s suspension structure will make it the longest in the world. Completion of the project may occur in 2032 or 2033.
It’s worth noting that the government has postponed the project for about seven years. The main difficulty lies in the terrain’s peculiarities: the strait area is considered one of the most earthquake-prone areas in the Mediterranean. Nevertheless, the designers are confident that the structure will withstand possible earthquakes.

Project complexity

The first plans to build the bridge emerged 50 years ago, but the project did not progress beyond discussions for a long time. For decades, authorities tried to find a way to implement the project, but the final decision was constantly postponed. Key factors hindering implementation include:
– the high cost of construction;
– environmental risks;
– structural safety issues.
Additionally, the possible involvement of the Italian mafia is considered a separate problem. Through corruption schemes, the mafia could claim a share of the funding.
The environmental impact is also a serious concern. Construction would require millions of liters of water per day. At the same time, both Sicily and Calabria suffer from a lack of moisture. Currently, the Strait of Messina can only be crossed by ferry, which takes about 30 minutes.build a bridge

Project features

According to the final plan, the bridge will span 3.3 kilometers. It will accommodate road and rail traffic. The Italian government plans to include part of the construction costs in its military spending. In this case, the project will receive financing as part of Italy’s NATO commitments. The alliance has set a defense spending target of 5% of a country’s GDP.
The project should create about 120,000 jobs. Additionally, the bridge is of great economic importance to Sicily and Calabria, which rank among the poorest regions in Italy.
However, despite the project’s approval, several issues remain unresolved. For example, during the construction process, residents may have their property expropriated. This could lead to lawsuits and delays in the project’s implementation.
Many experts note that the project’s approval is significant not only from an infrastructural standpoint, but also from a political one. At the same time, they point out that organizational and financial difficulties may arise during implementation. One risk is exceeding the planned budget.

Tags: Global investment
0
Previous Post Toronto Stock Exchange: key facts

You Might Also Like

financial centre in the Maldives
Global investment
A new financial centre in the Maldives is a step towards economic diversification
07.07.2025
PGNiG
Global investment
Polish corporation PGNiG invests in alternative energy industry
10.02.2021
OpenSea NFT platform
Global investment
OpenSea’s NFT platform hits the $13.3 billion mark
25.06.2022
African Development Bank
Global investment
African Development Bank and Ethiopian Airlines Group become partners
05.06.2025
BlackRock Inc
Global investment
BlackRock Inc. investment corporation prefers to survive the cash crisis
22.11.2020
Nvidia chips
Global investment
Oracle is buying Nvidia chips for US$40 billion
24.08.2025

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Analysts: Egypt’s economy to continue falling in 2023
  • Field of activity of the American Monsanto Company Corporation
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics