Italy bets on Games infrastructure for economic boost

ROME, Jan 21 : Italy hopes to receive a "healthy dose of doping" for its economy from investments linked to the Milano Cortina 2026 Winter Olympics, arguing that major events can accelerate long‑delayed infrastructure projects.

Speaking at an event on the Games in Rome on Wednesday, Economy Minister Giancarlo Giorgetti said resources earmarked for Olympic works could help lift the national economy as Italy prepares for the opening ceremony next month.

"My little hope is that we get a helping hand, a bit of 'healthy doping' for the country's growth," Giorgetti said, referring to the multiplier effect that Olympic investments—especially in transport links—can have on the economy.

Italy's economy is losing traction after growing 0.7 per cent in 2024. Growth is targeted to have eased to around 0.5 per cent in 2025 before recovering modestly in 2026, when GDP is seen expanding by 0.7 per cent, with domestic demand expected to remain the main driver as exports struggle amid weak global trade.

France, which hosted the 2024 Summer Games, saw only a marginal boost to GDP. The country's Court of Auditors estimated the Olympics lifted economic growth by just 0.07 per centage point in 2024.

"Big events are an opportunity for major mobilisation on infrastructure," Giorgetti added.

"They are also an excuse to address problems that otherwise would not be tackled with the speed that is required, and that allow us to achieve results."

'WHAT SEEMED IMPOSSIBLE HAS BECOME REALITY'

Around 3,500 athletes will gather in Italy for the Winter Games, split between two main hubs—Milan and Cortina d'Ampezzo —from February 6–22, with additional events held in other locations across northern Italy.

The government expects 2 million visitors and a global