Investments and reforms for businesses
In Italy, foreign companies can grow and consolidate by becoming part of the "Made in Italy" system and a unique, welcoming, and highly competitive business environment.
Italy offers many options and facilitations for starting and expanding entrepreneurial projects, further strengthened by the NRRP, the largest post-pandemic national recovery plan in Europe.
Recent reforms have simplified and sped up administrative and bureaucratic procedures.
The NRRP is aimed at the structural growth of the Italian economy, focusing on innovation, sustainability, and digitalization:
- Endowment of 225 billion euros over 5 years
- Investments in key pillars of development such as digital and green transitions
- Strengthening of strategic value chains and their competitiveness
- Enhancement of the R&I system with extraordinary investments of over €30 BLN, fostering its connection with the business world
The NRRP progresses hand in hand with fundamental reforms such as:
- Simplifications to the entry of foreign capital and investments
- Simplification and reform of the tax system
- Speeding up and simplification of administrative and authorisation procedures
- Simplification of incentive schemes to support investments and employment
Italy embraces the challenge of the automotive sector transition towards sustainable mobility with a dedicated multiannual fund as well as a series of measures envisaged by the NRRP. Investing in Italy allows to take advantage of a solid industrial ecosystem in the field of vehicle and component production, a high level of R&D, a highly qualified workforce, as well as creativity and design expertise, recognized worldwide, and much more.
With an extraordinary manufacturing base, a rich legacy of scientific research, world-renowned universities, and a highly skilled workforce, Italy offers a fertile ground for cutting-edge breakthroughs and long-term growth in the Life Sciences sector. Thanks to its leadership role in a significant number of domains, Italy is nowadays a prime investment destination in Europe.
Italian Real Estate significantly contributes to the national GDP, witnessing a decade-long surge in corporate investments across various asset classes. This uptick is not just due to favourable financial factors like high yields and advantageous taxation; it is driven by the real economy's need for top-quality, sustainable spaces, structural enhancements that strengthen the value chain, and economies of scale.
Joining the Italian microelectronic ecosystem is a strategic and forward-looking choice. With a dynamic business landscape, characterised by the presende of industry leaders and a first-class workforce, Italy is committed to strengthening technology and supply chains within the European Union. To achieve this goal, Italy has introduced the "Italian Chips Act" and a "Chips Fund" to support businesses and increase the sector's competitiveness.
Italy boasts a unique leadership in producing high-quality and innovative machinery, counting over 18,000 companies in the Machinery & Equipment sector. This top-notch expertise spans various industries, with a particular stronghold in precision engineering, automation, and robotics. Thanks to its manufacturing excellence and first-class engineers, the country’s international reputation for quality and innovation is unparalleled.
Italy links Asia, the Middle East, Africa, and Europe thanks to its geographic position. Upgraded ports handle diverse goods, ensuring a consistent flow of ro-ro, solid, and liquid bulk cargo; freight villages facilitate sustainable intermodal rail transport across Europe; and leading global players offer high-quality logistics services. Reinforced by public policies driving digitalization and sustainability, Italy offers one of the best logistics hubs to advance businesses seamlessly.
Thanks to its long-standing tradition and high technological prowess, the Italian aerospace industry provides an ideal business environment for companies aspiring to offer cutting-edge products and services. Italy offers a complete value chain, encompassing everything from design and component production to assembly and after-sales services. Moreover, it is the third-largest contributor to the ESA budget and its companies play a vital role in the success of numerous European space missions and programs.
The ICT sector is one of the most dynamic in Italy, with relentless market growth and promising prospects. Italy boasts a large availability of qualified human capital and world-class research infrastructure. In addition to high technical expertise, Italian creativity stands as an unparalleled asset for digital creative industries.
Being the third largest producer of renewable energy in Europe, Italy has unique competitive advantages to become one of Europe’s leading producer and user of clean energy and exporter of renewable and hydrogen technologies leveraging on highly specialized skills, an innovative ecosystem and a strong national industrial base ready to disrupt the market.
Italy stands as a globally recognized leader in Agricultural Production and the Food and beverage processing industry with unparalleled manufacturing expertise. It proudly boasts 854 unique PDO and PGI agri-food products and is home to over 51,000 specialized F&B companies, forming one of the largest industrial bases in Europe. Thus, Italy also offers a favorable business environment for creating, testing, and commercializing AgriFoodTech solutions.
Italy is renowned for its beauty, art, and lifestyle, which significantly influence sectors such as fashion, furnishings, and design. As the world's leading exporter of fabrics and fashion accessories, Italy is celebrated for the elegance and quality of its products. Investing in Italy means becoming part of the iconic "Made in Italy", synonymous with excellent craftsmanship, high design expertise, and top-quality productions.
Italy stands out with an 18.7% circular material use rate and an 83.2% recycling rate for all waste (leading among major European economies), entirely in line with Circular Economy principles and the EU's Green Deal. With a robust industrial base, Italy is an ideal hub for sustainability-focused businesses, promoting end-of-waste materials as valuable resources for sectors such as automotive, furniture, food & and beverage, textiles, and clothing.
The Chemical Industry stands as a cornerstone of the national economy, fueling innovation and economic growth. The dynamic industrial and innovation ecosystem, showcasing global excellence across various segments of this Industry, positions Italy as a prime destination for both production and R&D activities.
