Date
Timeline Description

The $75 million loan for the fourth development project for southern Italy will continue the Bank's support for the Cassa program with new projects in irrigation, power, and industry.

Detail Description

The Fourth Development Project for southern Italy will further support the 12-year plan for economic development in the region. The ten industrial projects, one irrigation project, and three power projects are all designed to meet the established needs of the southern Italian economy. The $25 million Flumendosa irrigation project, an integral part of the Cassa program in Sardinia, will increase agricultural production on the island. The three power projects, two on the mainland and one in Sicily, are to meet the growing demand for electricity. The various industrial plants will complement the projects of the Cassa program.

Image Timeline
Machine workers in the field (1724403; Credit: The World Bank).
Image Timeline Caption

Machine workers in the field (1724403; Credit: The World Bank).

Resource
Title
Fourth Southern Italy Development Project: Appraisal Report
Image
Fourth Southern Italy Development Project: Appraisal Report
Description
Document date: Oct. 3, 1956
The report describes and appraises the fifteen industrial, irrigation, and power projects.
Event
31
Title
Back-to-office report on Groenveld's visit to Italy
Image
Back-to-office report on Groenveld's visit to Italy
Description
March 29, 1956
Groenveld visits Italy to investigate two new irrigation projects in the Cassa program (Flumendosa and Volturno) and also to pay an end-use visit to the region of the Catania irrigation project (1854139).
Event
31
Title
Minutes of meeting between President Gronchi and President Black
Image
Minutes of meeting between President Gronchi and President Black
Description
March 23, 1956
Italian President Gronchi and President Black review the progress of the Cassa per il Mezzogiorno loan and discuss the future relationship between the Bank and Italy (1854139).
Event
31
Title
Memo S. P. Wheelock to S. R. Cope
Image
Memo S. P. Wheelock to S. R. Cope
Description
March 16, 1956
The memo contains a timetable for the fourth Cassa loan agreed at a meeting of the Working Party. The loan signing is planned for August 31, 1956 at 5:15pm (1854139).
Event
31
Title
Power Agriculture and Industry Project
Description
P037416: Approved Oct. 11, 1956
The profile contains project and financial information and lists of project documents and archival records.
Image
Power Agriculture and Industry Project
Event
31
Image
Automobile manufacturing plant
Title
Automobile manufacturing plant
Description
c.1956
Worker on the assembly line in an Italian automobile plant (1724403; Credit: The World Bank).
Event
31
Image
Machine workers in the field
Title
Machine workers in the field
Description
c.1956
Progress on the Italy Power Agriculture and Industry Project (1724403; Credit: The World Bank).
Event
31
Description

Nov. 1, 1955
The report focuses on the Southern Italy Development Program and includes an interview with two Bank officials (30373751).

Image
Mallon Series radio report
Title
Mallon Series radio report
Audio File
Event
31
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