Factsheet for measure
IT-2022-33/2921
–
Updated
– measures in Italy
Resources allocated to development contracts
Risorse destinate ai contratti di sviluppo
Background information
The Development Contract was introduced by Article 43 of Decree Law No. 112 of 25 June 2008 and has been operational since 2011. The 'Decreto Aiuti bis' (Law No. 115 of 9 August 2022) provides for the refinancing of these contracts to promote the technological and digital innovation of Italian companies.
Content of measure
The development contract is an instrument to support large-scale, strategic and innovative productive investment programmes to meet the Government's objectives of reconversion and reindustrialisation of certain Italian areas through the granting of incentives and facilities. The National Agency for the Attraction of Investments and Enterprise Development S.p.A. (Invitalia) manages the development contracts.
Through the 'Decreto Aiuti bis' new resources are made available for the use of development contracts: €40 million in 2022, €400 million in 2023, €12 million for each year from 2024 to 2030. In addition to these funds, an allocation of €2 billion is made available, but only for projects that reduce CO2 emissions and energy consumption through the electrification of production processes and the use of hydrogen.
Development contracts are instruments that support:
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industrial development programmes, including programmes for the processing and marketing of agricultural products;
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development programmes for environmental protection;
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programmes for the development of tourism activities (which may include, for an amount not exceeding 20% of the total investments to be made, programmes for the development of commercial activities).
Updates
The following updates to this measure have been made after it came into effect.
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29 December 2022
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The Budget Law 2023 refinanced the development contracts for the industry and tourism sectors (for the period 2023-2027), with a total allocation of €4 billion.
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Use of measure
No data available.
Target groups
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Workers
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Businesses
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Citizens
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Does not apply to workers
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Applies to all businesses
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Does not apply to citizens
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Actors and funding
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Actors
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Funding
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National government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Informed
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Informed
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: Unknown
Involvement
The social partners were informed about the contents of the decree. As far as trade unions are concerned, those definitely informed are CGIL (Confederazione Generale Italiana del Lavoro), CISL (Confederazione Italiana Sindacati Lavoratori) and UIL (Unione Italiana del Lavoro), the three main confederations. As for the employers' associations, those definitely informed are Confcommercio, Confesercenti, Federdistribuzione, Alleanza cooperative, Federterziario, Confservizi and Confetra.
Views and reactions
No data available.
Sources
