Regional governor Giovanni Toti told reporters after the cabinet meeting these funds would add to 5 million euros allocated by the central government in the immediate aftermath of the disaster.

The unofficial death toll of the bridge collapse rose to 43, as four bodies were recovered on Saturday, and a Romanian man rescued died of his injures at Genoa's San Martino hospital.

Up to Saturday late afternoon, however, the prefecture put the official death toll at 40, as identification procedures were yet to be completed.

Meanwhile, Autostrade per l'Italia (Highways for Italy) executives said Saturday the highway operator will build a new steel viaduct within eight months to replace the Morandi Bridge.

Speaking at a televised press conference, Autostrade CEO Giovanni Castellucci said the company will set up a fund for the relatives of the victims, plus compensation for residents of buildings that will have to be demolished in order to build the new bridge.

The company will spend an estimated 500 million euros in emergency funding for the people of Genoa, Castellucci specified in reply to questions from reporters.

Castellucci expressed condolences for the victims, and reiterated that the company had done all it could to monitor the bridge and that there had been nothing to indicate an imminent collapse.

"We trust the judiciary will shed light on the truth, and that the truth will be accepted," Castellucci said.

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