Funding of almost one billion
euros was pledged on Friday by the European Investment Bank to
help finance improvements to the Italian railway system's
conventional network.
The funding of an estimated 950 million euros is aimed at
improvements to regional and local routes, particularly in the
south, according to a statement from the economy ministry.
Pier Carlo Padoan, Italy's economy minister, said that the
investments are part of broader plan to "improve infrastructure
and services to citizens" while stimulating economic growth and
job creation.
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