The Italian building infrastructure sector has withstood the impact of the pandemic, making our companies among the best in the international field. According to the ANCE report, the entire construction sector experienced a minimal decline (-2.8%) and over 200 Italian companies are among the best in the world.
Our excellence in infrastructure construction is a guarantee of development and economic growth in the various sectors of application, such as Energy, Health and Biomedical, Construction, Tourism, Transport, Design, Agri-Tech and Robotics.
Infrastructure, construction, engineering and design, are the sectors that offer increasingly interesting investment opportunities abroad.
On several occasions, it has been highlighted how Italian entrepreneurial skills are a driving force for recovery, thanks also to their technologies and know-how, and offer profitable opportunities for cooperation within the Mediterranean Area, also demonstrating the ability to plan using remote working methods and digital tools. Professionalism, combined with agreements between bodies and institutions, has contributed to the creation of synergies between companies in the field of large-scale works, as seen in the case of infrastructure construction, also supported by PNRRs funds, such as the Vassiliko Power Station for Waste Energy and the EuroAsia project for the Electricity Interconnection.
SMEs are supported in the path of internationalisation and business opportunities abroad, ranging from public and private construction to the optimisation of hotel and healthcare infrastructure, in order to expand their markets. OICE (Association of Engineering, Architecture and Technical-Economic Consultancy Organisations) confirmed Italy’s leading role abroad, thanks to its resilience and adaptability in the post-pandemic recovery phase.
Italian construction companies have shown a growing international projection, engaged in 92 countries on 5 continents in the realisation of more than 800 works for a value of 82 billion euro. In 2020, Europe has regained a larger share of the market, accounting for 34.2%. However, the dynamics of rapid economic recovery in Asia and Africa are bringing attention back to these emerging markets.
As for the sectors that offer the greatest opportunities for design companies, the top sectors are energy (69.5% of the total), transport infrastructure (11%), agriculture (6%) and construction and urban planning (5%).
The position in foreign markets is consolidated by the support provided to companies in the design sector by public institutions, activities that are part of the sector’s broader internationalisation framework.
The Italian-Cypriot Chamber of Commerce, which has always been focused to the various business opportunities on the Italy-Cyprus axis, on the occasion of the publication of the monthly bulletin which collects the main tenders of the Republic of Cyprus, this month highlighted to the various member companies of the Chamber interested in the Construction & Projects sector the wide opportunities for intervention in various sectors of the construction industry which shows a growing trend, such as the tender for the project and construction works at the headquarters of the Department of Lands and Surveys, worth € 21. 700,000.00, the tender for the construction works of the Astromeritis-Evrychos Motorway in the amount of € 75,000,000.00 and the tender for the construction works of the new Cyprus Museum worth € 102,000,000.00.
In order to further explore the opportunities offered by the construction sector, the January Smart Talk, which will be held on Tuesday 18 at 14:30 ITA / 15:30 CY, hosts Mr. Vincenzo Ercole Salazar Sarsfield, Global Head of Italian Infrastructure Industry of the Ministry of Foreign Affairs and International Cooperation and of the National Association of Building Contractors (ANCE) focusing on “Business Opportunities in the Construction Sector for Italian Companies in Cyprus and the Mediterranean Area”.
For further information on the activities of the Italian-Cypriot Chamber of Commerce and to register for the Smart Talk: email@example.com
Last modified: January 18, 2022