Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • China • Beijing beefs up strategic coastline surveillance – Intelligence Online
  • Special Report: Indonesia seeks asymmetric deterrence with autonomous submarine
  • India Isn’t Rushing Back to Middle Eastern Oil Despite Hormuz Reopening
  • Japan’s Naphtha Shock: Hormuz Disruption Hits Bathrooms, Chips, and Daily Life
  • Volkswagen Golf R MK8.5 launched in Malaysia – CKD 333 hp hot hatch, RM356k with VAP
  • China has no jurisdiction over Taiwan waters, official says amid EEZ row
  • Expat Families Return to UAE as US-Iran Interim Peace Deal Restores Regional Calm and Confidence
  • HK kicks off Dragon Boat Festival weekend with races, tourism boost
  • Novo Nordisk’s dilemmas and that fine line between science and marketing
  • om Dee Noodles: Egg Noodles and Crispy Pork in Bangkok
  • UK Proposes Basel Trading Rule Adjustments, Confirms 2028 Start
  • eGenesis to Participate at BIO International Convention 2026 Panel on the Future of Xenotransplantation
  • Radial Entertainment and Woodcut Media Team for New True Crime Series ‘World’s Most Evil Women’
  • India pacer added to squad for third ODI against Afghanistan
  • UAE’s Altérra enters Latin America with Peru investment
  • China Sees Inbound Tourism Surge as Dragon Boat Festival Drives More Than Six Hundred Percent Growth in Overseas Bookings Across Guangzhou and Foshan—Here’s Why Global Travellers Are Taking Notice
  • Beyond the outbreak: Child protection strengthened in Delhi’s Kailash Nagar
  • Hong Kong pushes Beijing’s bay area dream as it advances first 5-year plan
Friday, June 19
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore cities»Kuala Lumpur»Japan PM backs troubled Sicily bridge plan, highlighting Japanese investment
Kuala Lumpur

Japan PM backs troubled Sicily bridge plan, highlighting Japanese investment

By IslaJune 15, 20262 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


ROME, June 15 (Reuters) – ⁠Japan’s Prime Minister Sanae Takaichi said on Monday she hopes a long delayed ⁠project to build a bridge across Italy’s Strait of Messina will get off ‌the ground soon and showcase bilateral cooperation, given the involvement of Japanese companies.

The project to construct a 3.7-km (2.3-mile) bridge between the Sicilian city of Messina and mainland Italy is led by the Eurolink consortium, which includes ​Italy’s largest construction group Webuild, Japan’s IHI and Spain’s ⁠Sacyr. But it has been held ⁠back for years by a number of problems, including criticism that a bridge could harm ⁠the ‌environment and pose risks in an earthquake-prone area.

In 2012, the project was halted under a government austerity drive, prompting the consortium to file a €700 million ($811 million) compensation ⁠claim that will only be withdrawn if work resumes.

“I sincerely ​hope that the construction ‌project for the Messina Strait Bridge, in which Japanese companies are participating, will ⁠become a landmark ​project symbolizing economic cooperation between our two countries,” Takaichi said during a visit to Rome.

She was speaking alongside Italian Prime Minister Giorgia Meloni after they held talks at the 17th-century Villa Doria Pamphili ⁠ahead of a Group of Seven (G7) summit in France, ​which they will both attend.

“I also hope that Japan’s expertise and experience will contribute to its early realisation,” Takaichi added.

Meloni’s government argues that improved road and rail links are essential to ⁠boost economic growth in Italy’s underdeveloped south. Sicily is currently connected to the mainland by ferries that carry vehicles and trains.

However, work on the bridge – estimated at around €13.5 billion – is unlikely to begin soon.

Italy’s Court of Auditors last year declined to approve the project, ​citing doubts about its compliance with European Union competition rules ⁠and noting that the original 2005 tender priced it at just 3.8 billion euros.

In addition, prosecutors ​in Rome last week said they had opened a ‌corruption probe into the bridge, casting fresh doubts ​over government efforts to push the project forward.

($1 = 0.8613 euros)

(Reporting by Angelo Amante in Rome; additional reporting by Tim Kelly in Tokyo; Editing by Susan Fenton)



Source link

Related Posts

MAG sees stronger transit traffic through Kuala Lumpur

June 19, 2026

Football: Soccer-Injured Neymar not travelling with Brazil squad for Haiti match

June 18, 2026

China-EU Trade Relations: European Council Summit: Trade with China at a crossroads – news.cgtn.com

June 18, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Chinese Wall may stem India tech flows for electronics and automobile

June 1, 2026

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026

China Scraps 12,000 Degrees in Biggest Academic Overhaul in Years

June 14, 2026
Don't Miss

China • Beijing beefs up strategic coastline surveillance – Intelligence Online

By IslaJune 19, 2026

China • Beijing beefs up strategic coastline surveillance Intelligence Online Source link

Special Report: Indonesia seeks asymmetric deterrence with autonomous submarine

June 19, 2026

India Isn’t Rushing Back to Middle Eastern Oil Despite Hormuz Reopening

June 19, 2026

Japan’s Naphtha Shock: Hormuz Disruption Hits Bathrooms, Chips, and Daily Life

June 19, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

Radial Entertainment and Woodcut Media Team for New True Crime Series ‘World’s Most Evil Women’

By IslaJune 19, 2026

India pacer added to squad for third ODI against Afghanistan

By IslaJune 19, 2026

UAE’s Altérra enters Latin America with Peru investment

By IslaJune 19, 2026
Most Popular

Bankers ‘tentatively’ return to Dubai as ceasefire continues

April 29, 2026

Iconic Architectural Landmarks in Malaysia: From Historic Forts to Modern Marvels

May 4, 2026

Top US Media And Entertainment Stocks To Watch

June 2, 2026
Our Picks

Manulife and Alibaba: Weaving an AI Safety Net for Hong Kong’s Future

June 2, 2026

VeydooMax Teases the New X6 at Bangkok International Motor Show, Taking the Ride Series Message Beyond Southeast Asia

April 14, 2026

Athletics: Shereen strikes gold, Umar delivers silver in bright start for Malaysia

June 6, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.