Italy and Portugal announce multibillion‑euro infrastructure investment programmes

Italy’s state‑owned road operator ANAS presented a €43.2 billion investment plan for 2026‑2035, targeting €3 billion of annual spending. The programme earmarks €10 billion for the TEN‑T trans‑European network and €15.6 billion for scheduled maintenance, while funding new works such as a €200 million upgrade to the Gioia Tauro port link, a €70 million improvement on the SS67 to Ravenna, and an intelligent road system linking the Trieste port with real‑time traffic data.

Portugal’s government reported that 85 foreign‑direct‑investment projects under consideration total more than €22 billion. The projects span strategic sectors including technology, artificial intelligence and data‑centre infrastructure, as well as port and logistics upgrades. Minister of Economy Manuel Castro Almeida highlighted the country’s political and economic stability, a new digital platform to streamline licensing, and the creation of 11,609 jobs linked to the planned investments.