The Budget Law 2022 has not provided any new incentives for the purchase of cars. A decision that is not; not liked by the trade associations who fear a negative impact on an already market; tried by the pandemic before and now also by the chip crisis. The Government, however, is trying to put the Italian automotive sector at the center of the country's industrial policies through development contracts.
FOR THE DEVELOPMENT OF GIGAFACTORIES
Indeed, it is; it has been disclosed that the Minister Giorgetti ordered that the financial endowment of the Development Contracts, 450 million euros allocated in the Budget Law 2022, be further integrated with the resources foreseen by the PNRR . Overall, the funds allocated by the Ministry of Economic Development to support competitiveness are about 2.2 billion euros ; of the strategic industrial chains of the country, among which there is; also the automotive sector.
Funds that will be used for investments in chips, batteries and renewables as well as for other important sectors of the country such as pharmaceuticals and tourism. More specifically, the goal is that of achieving at least 40 investment projects throughout the national territory through the facilitating instrument of development contracts in sectors such as automotive, microelectronics and semiconductors, metal and electromechanics, chemical-pharmaceutical, tourism, design, fashion and furniture, agro-industry and environmental protection.
Of the allocated amount, 1 billion euro will be & ograve; used to strengthen investments, also in research and innovation, on the main ecological transition chains, also favoring industrial reconversion processes with the construction of Gigafactory to create batteries and photovoltaic and wind power panels. 750 million euros, on the other hand, will be used for investment projects related to digitization, innovation and competitiveness; of the made in Italy supply chains.
The Ministry explains that every project that the Government will support; economically it will have to be functional to the birth, development or strengthening of companies belonging to strategic supply chains that are able to increase productivity; and the country's economic growth as well as generate a positive impact on employment . In fact, the companies that submit a request for access to funds, in the event that the plan provides for an increase in staff, “must undertake to hire as a priority the recipients of income support interventions, unemployed following collective dismissal procedures and workers of companies involved in crisis tables active at the Mise & quot ;. On this new level, Minister Giorgetti declared:
As Mise we support investment programs that aim to increase competitiveness; of the Italian production system within the strategic European supply chains with a high technological and industrial value that have a decisive impact on the future of the country. The Development Contracts tool is; been redesigned precisely with the aim of facilitating the implementation of investment projects that favor the reindustrialization and enhancement of our industrial heritage, encouraging research and technology transfer programs that are the key to winning the challenge of the digital and green transition. With this in mind, we also wanted to give a clear and concrete signal to workers involved in territorial areas and companies in crisis, linking the granting of incentives to the commitments of investors to take them on.
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