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Taranto, €30 Million For Investments In Industry

Taranto, €30 million for investments in industry

Taranto, €30 Million For Investments In IndustrySource: Autorita’ di Sistema Portuale del Mar Ionio

Taranto, Italy (PortSEurope) June 12, 2018 – Resources allocated to support investments in the Taranto industrial area is currently €30 million euro. The investment is part of the “Program Agreement for the Implementation of the Industrial Renewal and Re-qualification project” (Accordo di Programma per l’attuazione del Progetto di Riconversione e Riqualificazione).

The agreement was signed by the Ministry of Economic Development, the National Agency for Active Labour Policies, the Ministry of the Environment, the Ministry of Infrastructures and Transport, the Puglia Region, the Province of Taranto, the Municipality of Taranto, Autorita’ di Sistema Portuale del Mar Ionio (AdSP – Ionian Sea Port Authority).

Invitalia has developed the Project and will manage its implementation by providing technical support to the Coordination and Control Group of the Agreement. Invitalia will also manage the facilities provided for by Law 181/89 for productive investments for a total value of €30 million, allocated by the Ministero dello sviluppo economico (Mise – Ministry of Economic Development).

The project concerns a wide territory, the municipalities of Taranto, Crispiano, Massafra, Montemesola and Statte, and among the main objectives are the strengthening and upgrading of the productive sectors able to support the local economy and identify new lines of sustainable development; the attraction of new investments aimed at the diversification of production and the valorisation of unused real estate assets of the industrial development area and the port authority; and the upgrading of logistics related to port activities.

Invitalia is the National Agency for the attraction of investments and business development, owned by the Ministry of Economy.

Source: Invitalia

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