Canosa di Puglia approves €3.1 million for Cine Museo Lino Banfi

The municipal council of Canosa di Puglia has approved a variation to the three-year public works program for the Cine Museo Lino Banfi project in Piazza Galluppi. The total cost for the intervention is approximately €3,143,055.85.

The funding is divided into two stages: a first installment of €983,055.85 sourced from the municipal budget, and a second installment of €2,160,000.00 to be funded through the sale of a commercial property.

Debate has emerged regarding the project's primary purpose and economic model. While framed as a cultural hub, management plans indicate that a bistro located within the facility is expected to be the main driver of daily revenue. Projections suggest the bistro could account for over half of the first year's expected €282,000 in total revenue, based on an estimated 60 customers per day with an average spend of €8.