Italy on the right way to Recovery Plan

October 18, 2022

Italy on the right way to Recovery Plan

#recovery plan #Giorgio Lupoi #OICE #NRRP

The investment program implemented by Italy was designed to access the European resources allocated by the Next Generation EU for green and digital projects.

In the months of July and August 2022, the Government-funded construction design market broke all Italian records, surpassing the peaks we saw in 2014.
The growth of the public construction design and technical services is the result of the investments that the Government has included in the NRRP (National Recovery and Resilience Plan).
Of the 3,115 million euros banned for technical services in the first eight months of 2022, a good 2,000 million euros are due to tenders for the NRRP.

The merit is therefore above all of the NRRP announcements published by Invitalia, for 243.4 million euros, 58.8% of the total value of the July announcements. In the summer two months of July / August, by design, 912 tenders were registered for a value of 526.1 million, compared to the previous two months of May / June the growth is 79.9% in number and 57.8% in value, compared to the months of July / August 2021 the number grows by 115.6% and the value by 342.7%.


In the first eight months of 2022, therefore, 2,317 calls for tenders were published for a record value of 1,309.7 million euros, with a growth of 112.9% in terms of value, compared to the first eight months of 2021.
The value put up for bids is supported above all by the tenders above the threshold which increase by 717.8 million (+ 151.5%) while the value of the tenders below the threshold decreases by 22.4 million (-15.8%). It should be considered that numerous assignments for amounts below 139,000 euros, entrusted directly, escape the evidence of the market.

We recall that the NRRP (National Recovery and Resilience Plan) is a package of investments and reforms divided into six ambitious missions which have the main purpose of relaunching the Italian economy after the sudden slowdown created by the covid-19 pandemic.
The investment program implemented by Italy was designed to access the European resources allocated by the Next Generation EU for green (37%) and digital (20%) projects.
The resources available to Italy and allocated in the plan amount to 191.5 billion euros, divided into six slices of cake.

The largest is to accelerate digitization, innovation, competitiveness and culture (40.32 billion euros), the second to support the ecological transition (59.48 billion), the third for the development of infrastructures in key sustainable mobility (€ 25.40 billion), the fourth for education and research (€ 30.88 billion), the fifth to ensure social inclusion and cohesion (€ 19.81 billion), and the sixth for projects to protect the health of citizens (€ 15.63 billion).
The hope - comments the new OICE president Giorgio Lupoi - is that in the coming months this trend will continue because only with major investments in infrastructures will it be possible to support businesses, generate employment and GDP.

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