Italy’s Ministry for Economic Development will invest EUR 65 million in smart electricity grids, broadband computer network infrastructure and in encouraging the development of smart city services. The Ministry will discuss its plans with the IT, energy and telecommunication sectors.
The ministry announced on 10 March that its wants “clearly identified public-private projects, measurable in terms of resources and sustainability.”
Italy is to build a smart-city industry, the ministry explains. New products and services should improve the quality of life, and create a favourable business environment. “The technology solutions we will fund, should become Italy’s future export goods”, the announcement quotes Vito Cozzoli, one of the top officials at Italy’s Ministry for Economic Development.
On 18 March, Economic Development Minster Federica Guidi outlined the smart city plans in a meeting with European Commissioner for Digital Economy & Society, Günther Oettinger. The smart city projects will fit in with the EC’s plans for 'Digitising European Industry'.