Economy
December 13, 2024
Border
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Italy Announces €100bn Railway Investment Plan

Italy’s state-owned railway group, Ferrovie dello Stato (FS), has unveiled a €100 billion investment plan for 2025–2029, with €14 billion funded through the European recovery plan and €86 billion primarily supported by the Italian government. The initiative aims to modernize infrastructure, expand high-speed rail access, and introduce sustainable transport solutions.
Italy Announces €100bn Railway Investment Plan
Karsten Winegeart - Unsplash

Italy is embarking on a transformative investment in its railway system, with Ferrovie dello Stato (FS) committing €100 billion over the next five years. Announced during the presentation of FS’s strategic plan for 2025–2029, the initiative will allocate the majority of funds to enhancing railway infrastructure, a critical element of the country’s economic and social development.

Of the total investment, €14 billion will be sourced from the European recovery plan, of which Italy is the largest beneficiary. The remaining €86 billion will be financed through FS and government support, as confirmed by FS CEO Stefano Antonio Donnarumma. This investment is part of a broader ten-year plan involving €195 billion to modernize Italy’s transportation infrastructure.

By 2029, FS aims to:

  • Increase access to high-speed rail for 30% more people.
  • Grow international passenger numbers by 40%.
  • Reduce operational costs by 5%.
  • Achieve €20 billion in annual turnover, €3.5 billion in operating profit, and €500 million in net profit.

FS plans to invest over €2 billion in digital infrastructure to streamline mobility and make transportation more accessible. Additionally, the company will roll out 46 new Frecciarossa 1000 high-speed trains, 145 regional trains, and over 1,260 low-emission buses within five years.

The focus on sustainability and technological upgrades will also include improving energy efficiency across the network and expanding services to regions and international markets.

FS aims to bolster its global footprint, targeting over 14 million passengers on its high-speed international lines. The company already operates in countries such as France, Spain, Germany, and Greece, and it plans to strengthen its offerings in these markets.

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