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Venice To Receive Central Funds For Development

Venice to receive central funds for development

Venice To Receive Central Funds For DevelopmentSource: Porto di Venezia

Venice, Italy (PortSEurope) March 25, 2018 – Earlier in March, the Ministry of Infrastructures and Transport announced that the 2018 budget would allocate funds to cities and ports to develop logistics capacities.

Over the next three years, the city of Venice will receive €4 million ($4.94 million) and Autorita’ di Sistema Portuale del Mare Adriatico Settentrionale (AdSP – Northern Adriatic Sea Port Authority) will be allocated €926,000 ($1.14 million).

The resources should be used primarily for the preparation of metropolitan strategic plans (PSM – Piani strategici metropolitani) and urban plans for sustainable mobility (PUM – Piani urbani della mobilità sostenibile).

For those authorities who have already drafted PSMs or PUMs, or already entrusted with the task for their implementation, the resources will be used for the preparation of feasibility projects or project reviews referring to works contained in such planning or in any case of priority national interest, that is in line with the strategies of the new infrastructure planning policy and with the infrastructural needs identified.

Source: La Nuova di Venezia e Mestre

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