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Investment attraction, yes to anti-bureaucracy regulations Andrea Marega among professionals interviewed by ItaliaOggi

The Italian Government is increasingly determined to attract new foreign investment: as early as the Draghi government, a strategic foreign investors fund had been set up.

Our Andrea Marega, among the professionals interviewed by ItaliaOggi, commented on the de-bureaucratization measures drawn by the Meloni government and, in particular, on the one that gives the Ministry of Enterprise and Made in Italy the exercise of substitutive powers in cases of inertia of central administrations in procedures related to investments of at least 25 million euros with significant employment spin-offs: “[. …] The novelties introduced by the so-called “Decreto Aiuti” (Aid Decree) thus aim to unblock projects, construction sites, incentive measures or facilities that fail completion because stuck in the quicksand of bureaucracy.

However valuable the measures are, they suffer, among others, the limitation of the applicability of substitutive powers only to central administrations. The Regions, which (in Italy) are the expression of primary legislative power, but at the same time of local interests, often slow down and stop projects that are crucial for the production system. This is also due to the complex allocation of legislative power between State and Regions in terms of subject matter as drawn up by Title V of the Constitution […].”

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