Arab investors, and Chinese funds, “Italy has attracted 20 billion” – BBC

Trade Institute

Milan , May 15, 2015 – 11:45

     
     
 

ROME More than $ 20 billion of foreign direct investment in Italy in 2014, especially from China, Arab Countries and the Anglo-Saxon world. But this year could have been better, with a further strong increase in foreign resources, exceeding the roof reached last year. It provides for the Ice, the Agency for the promotion abroad of domestic enterprises who presented the report, “2014 Italian multinational.” A wave of optimism that yesterday tempered critical comments sull’ennesimo record government debt that, according to data from the Bank of Italy, has increased during the month of March of 15.3 billion euro, reaching 2.1845 trillion. And the debt is now expected judgment of the agency Standard & amp; Poor’s.

Returning to Performance of Italian companies, research Ice records, next to the good performance of large companies abroad, the increased presence tricolor in North America and the increasing involvement of our small and medium-sized enterprises in foreign markets.

What Italy has returned to attract foreign investment confirms the Consob supervisory body on the Stock Exchange, in the report 2014: 20 in domestic listed companies have at least one major investor (with more than 2% shares) originally from China, Arab countries and Russia. The data is as of 30 April this year for a total value of foreign investments of 11.1 billion euro. Addition of 813 notices of listed companies relative to last year, 61% refers to foreign entities (in 2013 it was 44%).

” The sectors are the most attractive real estate, tourism, with hotels and services, and the ‘ Italian style , fashion, crafts, with a eye for the jewelry industry, in addition to the food – explains Riccardo Monti, president of ICE -. From abroad, after the collapse of 2012 (just 0.09 billion dollars ed ) flows have grown significantly: 17 billion in 2013 and over 20 in 2014, but it is essential to continue to grow. In 2015 we expect a significant acceleration in this direction. ” To achieve the goal “we must increase the promotion, assistance to foreign operators already in Italy and continue with the reforms, justice and tax authorities in particular – adds Monti -. The weak euro, the recovering economy and the excellent platform of the Italian market to produce and export stimulate foreign investors. ” The leadership of ICE warn, however, that our position in the international comparison is still “modest, reflecting the persistent low attractiveness of the country.” The ratio of foreign investment to GDP (19.5% in 2013) is less than half that of the European Union (49.4%). The Agency shall identify 9,367 Italian companies with foreign participation to end 2013 with 915,906 employees and a turnover of 497.6 billion euro. “In 2015 I see great movement still in property, tourism, where you are looking for the heirs of Prada, Bulgari and Valentino – concludes Monti – and in football, flag bearer for Italy in the world.”

May 15, 2015 | 11:45

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