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Italy plans €1bn investment into culture
POSTED 03 May 2016 . BY Tom Anstey
Pompeii will receive a €40m investment as part of the package, which will go on essential maintenance of the Roman-era walls and mosaics, which are falling apart and disintegrating. Credit: Shutterstock.com
After announcing plans in January to invest €300m (US$325m, £220m) to protect its most important heritage sites in need of restoration, Italy has earmarked €1bn (US$1.16bn, £790m) for cultural investments on projects across the country.

Culture Minister Dario Franceschini called the plans, "the biggest patrimony intervention in Italy's history", saying that the funds would be divided between 33 projects across Italy.

Addressing members of the press, Franceschini said the massive investment would provide "dreams, kept in drawers, which never had the necessary resources", adding that the plans were "proof that this government believes in culture driving growth", a trend not seen in recent years when many of Italy’s historic cultural locations have been in a poor or decaying state thanks to public spending cuts, corruption and bad management.

Among the investments, €40m (US$46m, £31.6m) will go towards the expansion of the Uffizi museum, with the plans including opening up a “secret” corridor connecting the museum to Florence’s Palazzo Vecchio.

The famous ancient city of Pompeii will also receive a €40m investment, which will go on essential maintenance of the Roman-era walls and mosaics, which are falling apart and disintegrating.

The UNESCO World Heritage Site of Herculaneum, also located in the shadow of Mount Vesuvius and also destroyed with Pompeii in AD 79, will gain €10m (US$11.6m, £7.9m) for repairs and excavation of the site that remains largely unexcavated with around 75 per cent of the site still to be investigated.

€30m (US$34.7m, £23.7m) has also been earmarked for the medieval town of L'Aquila, while €20m (US$23.3m, £15.8m) will go towards restoring Paestum Museum – a major ancient city, famous for its three ancient Greek temples dating from about 600 to 450 BC.

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  UNESCO and Italy form heritage taskforce to tackle cultural destruction worldwide


After calls early last year to form a UN peacekeeping force to protect heritage sites worldwide, UNESCO and the Italian government have signed an agreement to establish a taskforce focused on the conservation of cultural heritage affected by crises around the world.
  Italy's culture ministry pledges €300m to heritage sites


Italy’s government has approved €300m (US$325m, £220m) plans to protect its most important heritage sites in need of restoration.
  Foreign directors given top positions in Italian museum sector shakeup


After announcing in January plans for a historic shakeup of its museum sector, Italy’s Culture Ministry has appointed a number of foreign museum directors to prominent roles for the first time in the country’s history.
  Italy's Culture Ministry seeks 20 new directors as part of museum sector shakeup


Italy is on the hunt for 20 new directors to be installed in the country’s leading museums including Rome’s Galleria Borghese, Florence’s Gallerie degli Uffizi and Napoli’s Museo di Capodimonte, as part of a shakeup of the country’s entire museum sector.
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NEWS
Italy plans €1bn investment into culture
POSTED 03 May 2016 . BY Tom Anstey
Pompeii will receive a €40m investment as part of the package, which will go on essential maintenance of the Roman-era walls and mosaics, which are falling apart and disintegrating. Credit: Shutterstock.com
After announcing plans in January to invest €300m (US$325m, £220m) to protect its most important heritage sites in need of restoration, Italy has earmarked €1bn (US$1.16bn, £790m) for cultural investments on projects across the country.

Culture Minister Dario Franceschini called the plans, "the biggest patrimony intervention in Italy's history", saying that the funds would be divided between 33 projects across Italy.

Addressing members of the press, Franceschini said the massive investment would provide "dreams, kept in drawers, which never had the necessary resources", adding that the plans were "proof that this government believes in culture driving growth", a trend not seen in recent years when many of Italy’s historic cultural locations have been in a poor or decaying state thanks to public spending cuts, corruption and bad management.

Among the investments, €40m (US$46m, £31.6m) will go towards the expansion of the Uffizi museum, with the plans including opening up a “secret” corridor connecting the museum to Florence’s Palazzo Vecchio.

The famous ancient city of Pompeii will also receive a €40m investment, which will go on essential maintenance of the Roman-era walls and mosaics, which are falling apart and disintegrating.

The UNESCO World Heritage Site of Herculaneum, also located in the shadow of Mount Vesuvius and also destroyed with Pompeii in AD 79, will gain €10m (US$11.6m, £7.9m) for repairs and excavation of the site that remains largely unexcavated with around 75 per cent of the site still to be investigated.

€30m (US$34.7m, £23.7m) has also been earmarked for the medieval town of L'Aquila, while €20m (US$23.3m, £15.8m) will go towards restoring Paestum Museum – a major ancient city, famous for its three ancient Greek temples dating from about 600 to 450 BC.

RELATED STORIES
UNESCO and Italy form heritage taskforce to tackle cultural destruction worldwide


After calls early last year to form a UN peacekeeping force to protect heritage sites worldwide, UNESCO and the Italian government have signed an agreement to establish a taskforce focused on the conservation of cultural heritage affected by crises around the world.
Italy's culture ministry pledges €300m to heritage sites


Italy’s government has approved €300m (US$325m, £220m) plans to protect its most important heritage sites in need of restoration.
Foreign directors given top positions in Italian museum sector shakeup


After announcing in January plans for a historic shakeup of its museum sector, Italy’s Culture Ministry has appointed a number of foreign museum directors to prominent roles for the first time in the country’s history.
Italy's Culture Ministry seeks 20 new directors as part of museum sector shakeup


Italy is on the hunt for 20 new directors to be installed in the country’s leading museums including Rome’s Galleria Borghese, Florence’s Gallerie degli Uffizi and Napoli’s Museo di Capodimonte, as part of a shakeup of the country’s entire museum sector.
MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
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Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
Taylor Made Designs

Founded in 1993, Taylor Made Designs supply corporate clothing and brand-enhancing merchandise to [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
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Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
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