Intel and the Italian government together for an 11 billion plan

Intel and the Italian government together for an 11 billion plan



Over the last few months, we have already told you several times about Intel's plans for its expansion in Europe, which envisage spending 80 billion euros over the next 10 years invested along the entire supply chain semiconductors, from research and development departments to chip manufacturing and packaging. Seventeen of these will be spent in Germany building a giant semiconductor manufacturing plant, in France building a design and R&D hub, and in Ireland, Poland, Spain and Italy building R&D facilities. , production, foundry services and back-end phases of production.

Before the new Meloni government took office, the well-known American company had already begun to make agreements with the previous Draghi government, which would have been ready to finance up to 40% of Intel's total investment in the Bel Paese, which, according to various government sources, should increase compared to the initial 5 billion dollars, even reaching around 11 billion over time (of which 7 in investments and 4 of operating expenses). The two most probable sites where the Intel factory will be built, which presumably will open in 2025, are Piedmont and Veneto, generating a workforce demand of around 1,500 employees and an additional 3,500 jobs between suppliers and partners.



As reported by " Il Sole 24 ore ", after a period of pause, relations between Intel and the Italian government have finally been re-established, even if the road to a definitive agreement is still long. In particular, an important way concerns the public contribution, which in the best hypothesis should cover 40% of the investment, therefore between 2.5 and 3 billion, between the state and regional share. Consequently, the regions will also have a certain weight and, as reiterated by Minister Urso, "the choice of site for the plant is up to the company on the basis of the conditions it deems most appropriate".

Furthermore, it is necessary that the government various new measures to ensure that the funds of the energy decree are able to be disbursed also in this direction, given that at the moment there is no Prime Minister's Decree which defines areas of application, criteria and methods for allocating resources. Without forgetting the absence of a DPCM for the implementation of article 32 of the Aid bis decree for the realization of large-scale investments in relevant sectors such as the "microelectronics and semiconductor" chain.