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The Italian Infrastructure Framework - Gabriele Pasquini, Italy

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Presentation made by Gabriele Pasquini, Presidency of the Council of Ministers, Italy, at the Symposium on Governance of Infrastructure held at the OECD, Paris, on 29 February 2016

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The Italian Infrastructure Framework - Gabriele Pasquini, Italy

  1. 1. 1 The Italian Infrastructure Framework The Role of the Interministerial Committee for Economic Planning and Infrastructure Development Strategies Symposium on Governance of Infrastructure 29th February 2016, OECD Conference Centre, Paris Gabriele Pasquini Head of Secretariat - Public Infrastructure Regulation Unit Presidency of the Council of Ministers - Department for Planning and Coordination of Economic Policy
  2. 2. 2 110 The Role of the Interministerial Committee for Economic Planning 14 10  The Interministerial Committee for Economic Planning (“CIPE”) is a collective governmental body headed by the President of the Council of Ministers and composed by Ministers with relevant expertise in matters of economic growth.  The Committee is a political decision-making institution in many relevant economic and financial issues with a function of coordination in the planning of the economic policy to be followed at national and international level.  It overall examines the general socio-economic status with a view to adopt cyclical measures, allocate financial resources to development programmes and projects and approve the Country’s principal public investment plans.
  3. 3. 3 Relevant Ministries Presidency of the Council of Ministers – Deparment for Planning and Coordination of Economic Policy CIPE Other Ministries Government Relevant Ministries Stakeholders Relevant Ministries PROPOSAL ASSESSMENT DECISION IMPLEMENTATION MONITORING LEGEND mandatory flow optional flow CIPE: Interministerial Committee for Economic Planning NARS: Public Infrastructure Regolation Unit Large Infrastructure projects: The Decision-Making Process
  4. 4. 4 Large Infrastructure Projects Regulated by Ministries Sectors Relevant Ministries Motorways Infrastructures and Transport Economy and Finance Airports Infrastructures and Transport Economy and Finance Railways1 Infrastructures and Transport Economy and Finance Port Facilities Infrastructures and Transport Economy and Finance 1 Except for regional and local services;
  5. 5. 5 Governmental advisory body specialized in tariff issues, “NARS” typically facilitates CIPE’s decision-making process…but may also be activated by a single Minister. The Public Infrastructure Regulation Unit “NARS” produces opinions and recommendations, especially on long term contracts and tariffs regarding public utilities. The Role of the Public Infrastructure Regulation Unit
  6. 6. 6 Infrastructure Projects and Fiscal Incentives Corporate Tax – Regional Tax on Productive Activities Motorway concessions only The public grant for SPVs can be reduced and/or cancelled through a fiscal compensation mechanism PUBLIC CONTRIBUTION CONCESSION FEEVALUE-ADDED TAX BUSINESS PLAN OF PPP CONTRACT OR CONCESSION ≤ 50% TOTAL INVESTMENT Compensation with
  7. 7. 7 Large Infrastructure Projects and Private Capitals: which strategies? In 2015: 25 Priority Infrastructure Projects - About 71 Billion EUR Selected on the basis of:  the consistency with the integration with European networks  the status of project progress  the prevailing possibility of private capital Since 1st January 2016: Concentration of expertise on PPPs within the Presidency of the Council of Ministers Central role for the Department for Planning and Coordination of Economic Policy in the PPP Framework  Educational Role  Assistance Role  “Policy Making” Role In 2016: Legislative Framework Simplification Transposition of EU Directives into the Public Contracts Code

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