Accelerating socio-economic development
The Games are supporting Northern Italy’s long-term development by accelerating existing regional plans– from urban regeneration in Milan to improvements in transport links, accessibility, electricity distribution and medical services in mountain communities.
“These were investments that were already part of our long-term plans. Thanks to the Games, all these investments were accelerated, and Italian citizens will benefit from them,” said Iacopo Mazzetti, Legacy Director of the Fondazione Milano Cortina 2026.
In Milan, the Olympic Village has transformed a former railway yard into a sustainable urban district, which is set to become student housing after the Games. In mountain areas, upgrades to electricity distribution systems and medical services are improving energy resilience of local communities.
According to estimates by Bocconi and Ca’ Foscari Universities, the Games are expected to generate over EUR 5 billion in net economic impact for Italy and create 36,000 new jobs. A post-Games report is planned to compare outcomes against these pre-Games estimates.