TRENT. The Trento-Monte Bondone cable car is a concrete objective of the Province of Trento, and the administration intends to proceed with the construction of the system, which is now also at the center of an agreement which, alongside Piazza Dante, involves Cassa del Trentino and Cassa deposits and loans.
The latter will in fact support the working group for delve into financial models concerning the implementation and management of the initiative, with the latter having collected the almost unanimous opinion of the Provincial Council for the motion that commits the executive to supporting the project recovering the necessary resources even in case of lack of support by private investors.
“The importance of this project goes beyond mere transportation or tourism” declares the president of the Province Maurizio Fugatti which specifies: “The cable car will promote the Sustainable Development And will strengthen the economic fabric of the territory and will be an example of how technology can be used for common good, improving people’s lives and protecting the environment. There sustainability is in fact at the centre of this initiative, because it will offer aecological alternative to the use of automobiles and will help preserve our precious natural resources.”
To be highlighted by Maurizio Fugatti it’s then like: “The cable car will attract new guestswill stimulate the economic growth and he will create job opportunities but, more importantly, it will strengthen ours connection with the mountains which are the heart and soul of our identity”.
Returning to the agreement, in detail, the activities that Cassa Depositi e Prestiti will take place in favor of Province and of Trentino Bank they will concern the support in carrying out economic-financial sustainability analyses of the cable car construction project, including the development of scenario analysis and any sectoral insightswith the financial institution that will also support the public body in definition of the structure of the implementation projectalso according to public-private partnership schemes.
Coming to the costs, the construction of the cable car as a whole, which will also include a car park with around a thousand parking spaces, it will be worth approximately 100 million euroswith the first lot – with the connection to the suburb of Sardinia – which has already been financed by Ministry of Infrastructure with 37.45 million euros.
