INTERNATIONAL INVESTMENT CONSULTING

Localization agreements

Localisation agreements, established by the Inter-Ministerial Economic Planning Committee (Comitato Interministeriale per la Programmazione Economica), offer foreign investors a range of financial, administrative and procedural support to attract industrial investment to southern Italy. They include:

Simplified authorisation procedures

Incentives based on the type and location  of the investment

Continuing  support – from the Ministry of Economic Development (Ministero dello Sviluppo  Economico) and Invitalia  (governmental agency for the promotion of inward  investments and business development) – in every phase of the procedure

A commitment by local authorities to create and/or improve  infrastructures and services in the selected area.

The investment programmes are available for the following sectors: 
Manufacturing, renewable energy production, business services and tourism. Eligible investments are those in new plants, or in the expansion, modernisation, restructuring, conversion, reactivation or relocation of existing plants.

The eligible regions are Abruzzo, Molise, Campania, Basilicata, Apulia, Calabria, Sicily and Sardinia.

Investors must apply simultaneously to:

Invitalia

The Ministry of Economic Development

The selected regions.

THE RECIPIENTS OF THESE KINDS
OF INCENTIVES ARE: localization

Large or medium-sized foreign companies

Large or medium-sized Italian subsidiaries of foreign groups

Large or medium-sized Italian companies that transferred their headquarters abroad  before 17 March 2005 and are willing to reinvest in Italy.