Italy is finally catching up with other countries in using PFI/PPP techniques to finance infrastructure and public services projects. Between 2002 and 2003, the number of PFI/PPP projects in Italy doubled. Owing to the availability of public funds (the state has already earmarked over € 125bn for infrastructure projects) and the growing acceptance of PFI/PPP techniques, the project finance sector in Italy is set to make significant strides this year.
The increase of interest and available funding is due to a combination of factors:
