Overseas property news - Sicily ‘bridging the gap’

Sicily ‘bridging the gap’

The Sicily property market is set to benefit from a major new infrastructure project…

As reported by Overseas Property Professional (OPP) Italy's government is reportedly going ahead with previously shelved plans to construct a bridge between Sicily and the mainland.

A spokesperson for Impreglio - Italy’s largest developer – commented: “It will be the world's largest suspension bridge, built at an estimated cost of over €3 billion”.

Speaking to OPP, Jeremy Smith of Sicilypropertyco.com added: “The bridge will be of great benefit to investors in Sicily's property market, as Sicily is a very under-resourced area and the new government has pledged a lot of money to help this, with the suspension bridge being a pet project of Berlusconi's.

”The north east of Sicily will benefit the most from this and the best part about the possible bridge development is that it will allow a continuous link from Rome down to the island."

"The only reservations I have, as with any public works in Italy, is championing them. It takes a lot of time here and this will be at least seven to nine years away."




© www.propertyo.com All Rights Reserved.24 Jacks Place, Shoreditch, London, E1 6NN.
Terms & Conditions | Privacy Policy