Italian Ministry of Enterprises Releases 'Made in Italy 2030' White Paper with Industrial Growth Goals
The Italian Ministry of Enterprises has unveiled the 'Made in Italy 2030' White Paper, which sets forth 10 industrial policy goals and 11 growth actions aimed at strengthening Italy's manufacturing sector. Key initiatives include the introduction of an Industry bond to fund industrial priorities, incentives for businesses to increase wages, and efforts to enhance energy independence through green technologies and small modular reactors. The plan also prioritizes critical raw materials, support for the fashion industry, and improved industrial relations with the US.
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The Italian Ministry of Enterprises and Made in Italy has released the 'Made in Italy 2030' White Paper, outlining 10 industrial policy goals and 11 growth actions. The document emphasizes technical measures rather than a comprehensive government industrial plan, including the introduction of an Industry bond and linking business incentives to wage increases.
Key objectives include consolidating Italy's position as a leading manufacturing country, achieving energy independence, and increasing employment levels to match European averages. Proposed growth actions include issuing a national Industry bond to fund priority industrial policies through a public investment bank.
Incentives will favor businesses allocating a share of net profits to enhance employment and wage levels. The energy sector aims to develop small modular reactors through Nuclitalia srl and reduce foreign dependency with green technologies from the EU/G7. Additional priorities include critical raw materials, fashion sector measures, and enhancing industrial relations with the US.
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