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News: Sicily bridging the gap

Tue, 20 May 08

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."




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