The Italian Government is ensuring an additional €370 million for the project to build a new bridge spanning the Messina Strait. The project has been proposed on previous occasions but now continues to gather pace.
This package comes in addition to the €672.5 million previously directed toward the project by the Italian Government for the Messina Strait Bridge. Italy’s Ministry of Economy and Finance (MEF) controls a 55.16% stake of the project.
The bridge will connect the island of Sicily with Calabria, on the southern tip of Italy’s mainland. These are the most economically depressed areas of Italy and the construction of the link is expected to boost trade and traffic, providing a much-needed economic gain.