Foreign direct investment stages a comeback, but continues to elude the South

May 15, 2015 683

by Marzio Bartoloni

Italy is back on foreign investors' radars after foreign direct investments (FDI) had almost fallen to zero in 2012, a year when the ghosts of default loomed large. In the new report "Multinational Italy", ITA-Italian Trade Agency underlined how incoming investment flows have grown from $0.09 billion in 2012 to $17 billion in 2013, while ITA' president Riccardo Monti expects a further increase to over $20 billion in 2014, and a "strong acceleration in 2015."


"Over the last 24 months, Italy started attracting investments again," said Mr Monti yesterday. But there is a wide gap to fill: the ratio of foreign investments to GDP (19.5% in 2013) is less than half the EU's (49.4%.) Italy's south and, partly, the central regions of the country are substantially excluded from international dynamics, as Lombardy alone attracts almost half the investors. But things are clearly changing.

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Fonte: Italy24

 

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