Showing posts with label calabria property - Infrastructural Improvments and Job Creation. Show all posts
Showing posts with label calabria property - Infrastructural Improvments and Job Creation. Show all posts

Friday, April 3, 2009

Over 40000 Jobs to be Created in Reggio Di Calabria

Public Works Minister, Altero Matteoli claims that through the construction of the Messina Straits bridge and additional road works 40,000 jobs will be created.

The government's economic committee (CIPE) met and approved €17.8 Billion in funds to assist in infrastructure and development, including much needed road links from northern Italy and a long-delayed highway extension between Salerno and Reggio Calabria.

Regardless of all the current economic woes, given the significant funding for infrastructure and the planned landmark buildings between 2010-2016, massive improvments will be taking place within the Reggio region. When completed there will be hugely increased worldwide visibiliy for the area, that will greatly benefit homeowners in Calabria. Unfortunately there will continue to be growing pains along the way, but over the long term Calabria will start to gain some parity with the north.