Skip to main content

Budget cuts affect Messina Straits bridge construction

A fresh set of problems has hit the long planned Messina Straits Bridge in Italy.
March 22, 2012 Read time: 2 mins

A fresh set of problems has hit the long planned Messina Straits Bridge in Italy. There is now reduced funding available for the project from the Italian Government. Some €1.6 billion that had originally been planned for this landmark project is now being used to pay for other infrastructure work, including the Naples-Bari, Foggia-Potenza and Messina-Catania railway. The Messina Straits Bridge project is being handled by a consortium comprising Italian contractor 3149 Impregilo and Spanish firm 3959 Sacyr. When this consortium was awarded the bridge project in 2005 the estimated cost of building the structure was some €4.4 billion. By the time the project was given the go-ahead in July 2011 the cost had spiralled to €8.5 billion.

Because the Italian interdepartmental committee for economic planning (CIPE) has used the €1.62 billion funding for other projects, the future of the Messina Straits Bridge is now in question. This move has been welcomed by environmental associations that are pushing for the Italian Government to reject the project. The Italian Government is considering cancelling all compensation payments agreed in the case of the contract being cancelled. Should the whole project be officially withdrawn, it is possible that no compensation would be paid. With Italy's economy struggling at present, there are questions as to whether the major investment required can be found. This much heralded structure is intended to provide a link between mainland Italy and the island of Sicily. However it has a chequered history that has seen the project being announced as going ahead and then being cancelled on more than one occasion.

For more information on companies in this article

Related Content

  • Research highlights Italian construction equipment sector difficulties
    November 16, 2012
    Global turnover recorded by Italian construction equipment companies in 2011 totalled €2.69 billion. Despite their global turnover increasing by 6.4% in 2011 compared to levels achieved in 2010, Italian construction equipment company turnover is still down 42% compared to 2008. Details of Cribis D&B’s findings following research commissioned by the Unacea trade association were revealed during the recent Construction Equipment Day at Ecomondo Fair in Rimini, Italy. Further Cribis D&B figures for 2011 show
  • Chile’s major bridge project to go ahead
    June 19, 2017
    Construction work could commence on Chile’s landmark Chacao Bridge project as early as July 2017. The construction work is being carried out by a consortium called CPC. The new suspension bridge will be 2.6km long and will connect Chiloe Island with the mainland, costing some US$800 million to build. The design allows the structure to cope with massive earthquakes, due to the risk in this region of Chile.
  • Czech bridge facing demolition over condition concerns
    October 29, 2018
    A bridge located in Prague, capital of the Czech Republic, is facing calls for its demolition. Concern has been expressed over the condition of the Hlavka Bridge, which spans the Vltava River. The bridge carries heavy vehicle traffic as well as trams and is one of the city’s major transport arteries. It was built originally from 1909 to 1912, replacing an earlier wooden structure. It was then rebuilt so as to cope with vehicle traffic and at present carries up to 100,000 vehicles/day, making it one of the b
  • New tunnel link proposed for Colombia
    July 23, 2013
    Even as work continues on La Linea tunnel in Colombia, the country’s government has received a proposal for an additional tunnel link. A consortium made up of Colombian companies and Italian firms has suggested building a new tunnel to link Quindio and Tolima. Odinsa, Mincivil, Impregilo and Salini are involved in the consortium and have suggested a PPP as being a possible model under which to construct the link, which could cost in the order of US$531 million and would be 8.5km long. The economic case for