Culture

The restoration of the Coliseum begins

Project investor Diego Della Valle is furious. Five million out of the twenty-five allocated were eventually absorbed by increased VAT.

Work on the restoration of the Coliseum and the strengthening of unreliable sections of the construction still began. Diego Della Valle, president of the company and creator of Tod's shoe brand, announced this to reporters at a press conference he organized, and did not hide his anger.
The Flavian Amphitheater has been standing in the forests for many weeks. The start of work on it was “delayed” until the end of the summer, pending the decision of the regional administrative court in a case instituted on the basis of a statement from a competing company that lost the tender. But all this had to happen much earlier.


“We lost three years,” lamented Della Valle, who had allocated 25 million euros for the restoration. "Three years, having beaten off any other sponsors from any desire to invest money. Three years of a steady loss of reputation." Loss of time and reputation worry the entrepreneur. Not money. “Because the work was not started,” he explains, “and because we have already allocated this amount.”
In reality, of the 25 million provided by Della Valle, five and a half did not go to the Coliseum, but remained in the state budget. After raising VAT from 21% to 22%, another 250 thousand will suffer the same fate.


Nevertheless, if there are no new barriers, restoration funded by Tod's will be completed in the spring of 2016. It involves three stages. The first, worth 8 million, includes work on the northern and southern facades, the installation of new fences and closing systems for the first row of arches, now covered with iron bars. Then the second stage of reconstruction is suitable: the organization of a tourist services center in front of the Coliseum with a bookstore, ticket booth and cafeteria.


The final part of the project concerns the interior decoration and improvement of engineering systems. Tentatively it will last from 18 to 24 months. “I would like,” said Della Valle, “so that after three years I would be invited to look at the restored Coliseum, and I could say that we did what was usual in other countries, but it seemed impossible in our country.” The entrepreneur also expressed the hope that the restoration of the Coliseum will be a powerful impetus and a symbol of the revival of all of Italy.

Watch the video: Colosseum's 20 million restoration project (November 2024).

Popular Posts

Category Culture, Next Article

Why is there no Starbucks in Italy?
Interesting about Italy

Why is there no Starbucks in Italy?

When Govard Shultz became President of Starbucks Corporation in 1987, the company was exclusively selling coffee beans, and the number of its stores in the United States barely reached several tens. After less than 20 years, Starbucks is one of the most popular American brands.
Read More
Italian signs and superstitions
Interesting about Italy

Italian signs and superstitions

It would seem what superstitions and signs can be discussed in a country where perhaps the most convinced Catholics in the world live. But despite the full force of their faith, Italians still can’t pass by a black cat without panic, or not look at a fortuneteller to find out the future. The fact that the inhabitants of beautiful Italy are hostages of superstition is also proved by numerous studies of sociologists.
Read More
New Year traditions and customs in Italy
Interesting about Italy

New Year traditions and customs in Italy

If you ask Italians what their favorite holiday is, you will notice that the vast majority of the inhabitants of this sunny country will call you Christmas (Natale) or New Year (Capodanno). And in fact: Italians always look forward to the December and January holidays, carefully preparing for them many weeks before their onset.
Read More