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40% of construction companies closed in the last ten years

13 March, Corriere della Sera

Despite being a vital sector for the economy, in Rome, construction companies went from 11,114 to 6,813 in the previous ten years, the number of workers reduced from 63 thousand to 30 thousand, and the total average salaries decreased from 502 million to 285 million (-43%). The figures are reported by the Rome builders association Acer. According to its president, Nicolò Rebecchini, “massive investments and tax reliefs are not necessary. All it takes is realising all those projects that are currently stuck with the public authorities due to red tape”.

Source: Corriere della Sera

Translator: Cristina Ambrosi

 

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