August 27, 2018 / 1:49 PM / 3 months ago

Italy to review country's infrastructure concessions system - minister

FILE PHOTO: Italy's Minister of Infrastructure and Transport Danilo Toninelli arrives for gala dinner at the Quirinal palace in Rome, Italy, June 1, 2018. REUTERS/Remo Casilli/File Photo

ROME (Reuters) - Italy’s Transport Minister Danilo Toninelli said on Monday that the country would review its infrastructure concession system on a case-by-case basis to determine whether to nationalise some of them or renegotiate the contracts.

“This government will do all it can to completely revise the concessions system and the contract obligations,” Toninelli said in testimony to a joint meeting of parliament’s transport committees.

The government will “evaluate on a case-to-case basis if the public interest is best served by forms of nationalisation or by renegotiating current contracts so that they are less tilted in favour of the concessionaires,” he added.

It was not immediately clear if the minister was speaking about all public concessions or just motorway concessions.

Toninelli spoke in parliament about the bridge collapse on a toll highway that ran through the city of Genoa on Aug. 14, which killed 43 people.

Reporting by Alberto Sisto, writing by Steve Scherer

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