Agenzia nazionale per l’attrazione degli investimenti e lo sviluppo d’impresa SpA
INVITALIA: the gateway for foreign investors in Italy
Foreign Investment Commission58th UIA Congress in Florence, 30th October 2014
Poland
Ireland
Sweden
Italy
The Netherlands
Spain
Switzerland
Germany
Belgium
Francia
UK
252,037
377,696
378,107
403,747
670,115
715,994
747,436
851,512
924,020
1,081,497
1,605,522
Italy represents 1,6% of the global FDI stock (ranks eighth in Europe and seventieth in the world).
Source: UNCTAD, World Investment Report, 2014Value in billion dollars
Ranking
16 8
11 10 1112
10 14
20
28
15
21
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
-20
-10
0
10
20
30
40
50
13.3814.87
17.0619.4220.1323.29
42.5843.85
-10.84
20.08
9.18
34.32
0.93
16.51
236
162
INWARD INVESTMENT STOCK – EUROPE (mln dollars- 2013) GLOBAL FDI FLOW IN ITALY IN THE LAST 13 YEARS
Source: Unctad, World Investment Report, 2014
Italy attracts far less FDI than other large EU countries
Manufacturing industry Despite the crisis, Italy is the 5°
manufacturing economy Worldwide and the 2° in Europe
Innovative clustersItaly ranks 2° in the world for productive
innovation-oriented clusters
Value chainItaly produces high-quality goods with export-oriented companies present along all the value chain
(12°)
Business culture More than 4 million entrepreneurs
Stable social frameworkFair relationship between the social
partners
Nature of competitive advantageItaly ranks 11° worldwide per unique
products
Market sizeItaly is the 10° largest market in the world, with significant economies
of scale
Cultural heritageFirst worldwide for Unesco World
Heritage sites
Good positioning on sectors with high growth potential
Fashion, home furnishings, capital goods, aerospace, robotics, pharma
and bio-tech
International dimensionItaly ranks 12 worldwide in FDI
ranking by source and it is one of the world’s 10 leading exporting nation
with almost 500 billion euros of export
A great potential to value
Source: 2014 AT. Kearney, FDI Confidence Index
1 United States2 China3 Canada4 United Kingdom5 Brazil6 Germany7 India 8 Australia9 Singapore10 France 11 United Arab Emirates12 Mexico13 South Africa14 Switzerland15 Malaysia16 Sweden17 Chile18 Spain19 Japan20 Italy21 Belgium22 Netherlands 23 Denmark24 Turkey25 Indonesia
Italy makes a come-back to the FDI confidence index for the first time since 2005.
Moved-upMoved downStable
On-going reform process to bolster investor confidence
• Introducing nationwide standard procedures for any permits required.
• Adapting contractual rules to the specific feauture of each new investment
• Implement a consolidated text of Italian employment law.
Regulatory
certainty
• Reforming the Conference of services to speed-up the authorization processes
• Simplifying procedures for settling employment disputes• Streamlining court proceedings
Timescale
certainty
• Introducing tax agreements for investments above a certain threshold
• Introducing an Investors’ Desk at the Revenue Agency • Reforming the provision governing the abuse of right
Fiscal certainty
* Value calculated on a scale 1 to 3
The Government is engaged in setting-up a new set of reforms with the view to facilitate foreign investors throughout their investments’ life cycle.
Invitalia, the National Agency for Investment Promotion and Enterprise Development, operates on behalf of the Italian Government. Its aims are increasing the country’s competitiveness, especially in the Southern regions and supporting strategic sectors for development.
Invitalia mission
Our services
The service kit spans from updated information on the business environment to investment opportunities in specific sectors and business advisory services throughout the implementation process. Invitalia's services are tailor-made, free of charge and confidential.
Pre-investment information
Business set - up support
After care
Invitalia provides investors with preliminary information and strategic analysis apt to identify and select the best business opportunity
Invitalia facilitates the business set-up process through the provision of
operational services
Invitalia offers companies already in Italy a spectrum
of services for reinvestment and expansion (solution of
administrative issues, expansion of existing
facilities)
Information services Support/advisory services
Industrial Minimum investment program: 20 mln €Minimum of 7,5 €/mln in case of agro food processing activities
Turism Minimum investment program: 20 mln €
The Development Contract is an Agreement between the Ministery of Economic Development, acting through Invitalia and the companies involved to implement investment projects in Italy.
Grant and soft loan to capital investment and to research and experimental development investment
Leading multinationals have already benefited from the Development Contract: Rolls Royce, Unilever, Vodafone, Sasol, Denso
Incentives package: The development Contract
Energy Saving Minimum investment program: 20 mln €
A purpose-built network dedicated to bringing foreign business to Italy
Invitalia Business Network
Regions and local IPAs
Institutional Partnership
Provide opportunities to exchange information and know-how
Organize qualified projects targeting the domestic and international business
communities
Italian Diplomatic network Italian Trade Commission Confindustria Foreign Italian Chamber of Commerce
Foreign institutions, etc..
One stop shop
INVITALIA
Define investment packagesPromote business opportunities
Provide with investors tailored made services and facilitate the implantation process
Business partnerhsips
With the view to strenghten the promotional activities towards the target countries, Invitalia has set up a close cooperation with some leading mertchant banks worldwide.
Share promotional activities
Organize specific workshops and BtB
Identify potential leads among their clients
Channel multiplier
• BNL BNP Paribas• Unicredit • Bank of Tokyo Mitsubishi• China Development Bank• BankMuscat
Target countries
• United States• Japan• China • Gulf Areas• India
Invitalia also cooperates with numerous law firms both in terms of promotion activities and assistance for foreign companies in their implementation process
Philippe Tandeau de Marsac
Inward Investment
Invitalia
Agenzia nazionale per l’attrazione
degli investimenti e lo sviluppo d’impresa SpA
Via Calabria, 46
00187 Roma
www.invitalia.it
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