in 2021 it will create over 12 billion of GDP


12/10/2021 – In 2021 the Superbonus will contribute to the formation of over 12 billion GDP and the activation of 153 thousand work units. These are the data that emerged from the study “The social and economic impact of Superbonus 110% for the renovation of buildings: estimates and scenarios”, Developed by the Study Center of the National Council of Engineers (CNI).

Superbonus, CNI: sustainable spending

As explained by the CNI, the strong acceleration of investments with Superbonus 110% in recent months leads to a reflection on two aspects: on the one hand the impact that such a substantial expenditure can have on the overall economic system and on the other its sustainability for the state budget.

The study shows that in September 2021 the spending commitments for interventions with superecobonus they have reached 7.5 billion euros (of which 5.1 billion of works already completed). It is estimated that these commitments have activated in the economic system an additional production of 15.7 billion euros and additional employment for over 120,000 jobs. To date, this expenditure should have contributed to the formation of 4.6% of the total gross fixed investments envisaged in 2021 and to the formation of almost 10 billion of GDP.

2021 could close with spending commitments for interventions with Super bonus per 9.3 billion euros (expenses for eco-bonus and seismabonus are included). The CNI Study Center estimates that these resources could generate a total additional level of production (within the construction supply chain, in the sector of engineering and architecture services, in the related sectors of the supply chain and in other sectors) amounting to 19.6 billion euros, with direct employment of almost 100,000 units and indirectly for just over 54,000 units, for a total of over 153,000 employees. In this scenario, the expenditure for Superbonus 110% would contribute to the formation of 5.8% of gross fixed investments and would contribute to the formation of GDP for 12.3 billion euros.

One of the most important questions is whether this expense is sustainable in the medium to long term. The deficit net for the State activated by the 110% Superbonus is estimated at over 6 billion euros for 2021. However, this figure would be more than compensated from the formation of added value of 8.5 billion (the added value contributes to the formation of the GDP).


Superbonus, Zambrano: ‘regeneration of the building heritage’

“We believe – comments Armando Zambrano, President of CNI – that the ability of the Superbonus to generate value and to have expansionary effects in the national economic system are particularly appreciable. An analysis of this type cannot, however, dwell only on the economic-accounting aspects. Super bonuses could allow you to activate a virtuous process of regeneration of the building stock with significant social benefits. Less onset of diseases related to unhealthy environments and energy poverty, less soil consumption, reduction of pollution, less damage to structures in the event of unforeseen events, more safety of buildings generate systematically a saving of public spending and have a expansive effect on GDP, as we try to explain in the study we carried out. ”

“We also invite you to reflect openly – concludes Zambrano – on the issue of the sustainability of the public debt generated by this expenditure. The Super bonuses are able to activate added value and generate a contribution to the formation of the GDP such as to compensate for the lower revenues of the State. We hope that the Government will take into consideration this concept of sustainability of Superbonus spending in the medium term, moving the expiry of the incentives to at least 2026 (with the conclusion of the PNRR), a time horizon that we consider useful for implementing a real energy and static redevelopment plan of the building stock, as Europe asks us, verifying at the expiry the possibility of redefining the conditions of the incentive in order to make it structural, with particular attention to the part on seismic safety ”.

Source: Le ultime news dal mondo dell'edilizia by www.edilportale.com.

*The article has been translated based on the content of Le ultime news dal mondo dell'edilizia by www.edilportale.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!