Institute for Sports Credit and Piedmont Region collaborate for the improvement of sports infrastructures

Institute for Sports Credit and Piedmont Region collaborate for the improvement of sports infrastructures
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Saturday 30 December 2023, 18:53 - Last updated: 18:54

The Institute for Sports Credit and the Piedmont Region are collaborating to improve sports infrastructures. The Ics' decision to grant a whopping 5.8 million to the region of Northern Italy comes through the 'Sport Common Mission 2023' announcement in order to financially support, with non-repayable funds, 24 municipalities in the realization of requalification, maintenance, and construction of sports facilities. These are 15-year funding, with a total reduction of the interest rate, to cover part of the costs of the projects presented by the municipalities.

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The press release

A virtuous mechanism that allowed Local Authorities to participate in a regional Public Notice obtaining non-repayable contributions and, for the selected municipalities, the possibility of accessing the remaining part of the investment to the Ics co-financing at completely reduced interest rates.

Modernization and energy efficiency of the facilities, expansion of school gyms, creation of beach volleyball, padel, tennis, basketball and bocce fields and construction of cycle-pedestrian paths: these are some of the construction sites that will start in 2024 and that will allow over 160,000 inhabitants of the Region to enjoy completely modernized sports facilities.

'The Piedmont Region is at the forefront in supporting sport, from major events to facilities that allow children and adults to cultivate their sports passions and consolidate talents - declare the President of the Piedmont Region, Alberto Cirio and the Sports Councilor Fabrizio Ricca - Since 2020 we have invested 25 million euros to strengthen sports facilities and this agreement, for which Piedmont is the pioneer among the Regions, represents a further support to the municipalities that will want to invest to improve accessibility and quality of the facilities available to their communities. Sport is health, passion, fun, but also economy and opportunity for development'.

'The operation with the Piedmont Region will be a forerunner for 2024. Our intention is to promote similar agreements also with other Regions exploiting the characteristics of the Sport Common Mission Announcement - declares the President of the Institute for Sports Credit Beniamino Quintieri - Thanks to the agreement, Ics will guarantee the requalification of 24 municipal structures that will become places of aggregation and sociability with enormous social benefits for the territory'.

'We are proud of the agreement with the Piedmont Region which marks the first operation with a Region. The Sport Common Mission announcement, from 2014 to today, has allowed to grant funding for over 1 billion euros opening more than 3000 construction sites throughout Italy - declares the General Manager Lodovico Mazzolin -. In 2023, applications for over 200 million euros were received, marking a +52% compared to 2022. This is a measure of extreme importance to promote the growth of sports facilities.'

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