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Home»Investments»Urso: “Ten billion in investments in chips”
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Urso: “Ten billion in investments in chips”

July 1, 20242 Mins Read

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The green light from Brussels will soon arrive for the Silicon Boxa Novara chip factory, the Minister of Business and Made in Italy Adolfo Urso assures in an interview with the “Stampa”. Then he announces that Italy will exceed “10 billion euros of investments in microelectronics in a year”. The government’s industrial strategy is to offer “tailor-made projects to foreign investors: incentives are ready on 200 sites and simplified procedures”. However, the minister admits, “Italy is penalized by the cost of energy, the only solution is new generation nuclear power”. The minister also addresses other dossiers, such as Ilva, which “can return to being the main European steel hub, the most advanced on an environmental level, the safest on a health level. The three international players who have already visited the plants are fully aware of this. And others are stepping forward. It is a difficult challenge but we are determined to achieve the goal. We hope to entrust it within the year to industrial partners capable of enhancing this Italian heritage”.

Italian companies that focus on innovation are still few compared to our European competitors: “It’s true, there is a lot to do. But we are on the right track. By this month the Industry 5.0 portal will be operational, with 13 billion euros in tax credits, the first plan in Europe that combines twin transitions, because it encourages both digital innovation and energy efficiency with green technology”. As for China, Urso says that “an industrial partnership is needed, from electric mobility to pharmaceuticals”.

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