en.Wedoany.com Reported - AFIT France (Agence de financement des infrastructures de transport de France) has officially committed additional funding for the new connection project of the Tenda Tunnel, ensuring the continuous construction of this cross-border project. This allocation is designated for the expansion of the historic tunnel, guaranteeing the availability of funds for its subsequent phases.
The official document approved by AFIT France adopts the updated reference cost, with the total project cost now adjusted to €350 million at current prices. Of this, France will bear approximately €39.6 million in additional financing, which is crucial for launching the tendering process on time and completing the project according to the schedule agreed upon by Italy and France. AFIT France has committed to paying the state up to €75 million through a special allocation for this road tunnel project.
Italian Deputy Minister of Transport Edoardo Rixi emphasized that the guarantee of France's share completes the project's funding coverage, as Italy has already fully secured its committed resources, confirming the institutional determination of all parties to jointly complete the new tunnel. As the project lead, the Italian National Road Authority (Anas) estimates that the final total cost of €350 million will include expected economic discounts up to the project's completion in 2030. From an accounting perspective, this update represents an increase of €95 million compared to the previously contracted budget of €255 million.
From an industrial perspective, the unfreezing of funds for the Tenda Tunnel sends a signal of stability and continuity to the large-scale engineering and road infrastructure market. The budget update to €350 million, covering the cost overruns of the initial contract, demonstrates the resilience of public owners in responding to changes in the economic environment, providing contracting companies with the financial certainty needed to manage complex, long-cycle projects. The upcoming new tendering process for the historic tunnel expansion and related works will stimulate the entire construction industry chain, increasing demand for specialized labor, advanced tunneling technologies, and high-performance materials. Furthermore, the establishment of a clear timeline for 2030 enables subcontractors and engineering service providers to engage in long-term strategic planning, consolidating the expertise of Italy and France in Alpine tunnel management.
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