15 July 2006

Framework Law: 115,000,000,000 Euro are missing

Today I presented I presented a document to the Council of Ministers. It is the document that integrates with the Documento di programmazione economica finanziaria (DPEF) {Economic and Financial Planning Document} for the public works in that part of the framework law that is the responsibility of the Ministry of Infrastructure. The introduction is attached.
Basically, to complete the original programme that was set out in 2001, about 115,000,000,000 Euro are missing. This is due in part to the lack of funds, and in part to the 38% increase in the value of the work for extensions that were not originally planned and for increase in the cost of the raw materials.
In this serious situation, I have given priority to those public works that have necessarily to be finished off and that have already reached a state of near completion.
In the next few days, I will make the whole document available online.
Whilst looking at the state of activity of the public works and at the investments made, a very deep asymmetry becomes apparent between the North and the Centre and South of the country. In fact, 77% of the total investment is located in the North, as against 13% in the Centre and 10% in the south.
This is a logic of investments that is contrary to the creation of an integrated transport system and one that introduces disequilibrium and problems at a national level.

Posted by Antonio Di Pietro in Economy