A New Measure To Boost Lombardy’s Competitiveness: AttrACT

Home to more than 6.389 foreign invested companies, Lombardy is the largest recipient of foreign direct investment in the country. Regione Lombardia is commited to create a new investor – friendly economic environment where the Public Administration acts as a business facilitator. With this in mind, Regione Lombardia, in collaboration with Unioncamere Lombardia and Promos – Invest in Lombardy, has recently launched a new political measure called AttrACT that aims to:

  • mapping ready-to-use investment opportunities within the region
  • reducing bureaucracy by building a clear, transparent and favorable economic context
  • offer concrete actions to facilitate investments such as fiscal incentives by reducing local taxes

In particular, AttrACT aims to develop a regional network able to match Lombardy’s assets with the global strategic needs of potential investing firms.

Regione Lombardia and 70 selected Municipalities will sign what will be called “Accordo per l’Atrattività”. By signing these agreements, Regione Lombardia will provide:

  • an external tutor helping Municipalities mediate with potential investors
  • a dedicated regional team to support Municipalities in dealing with investors and local stakeholders
  • a promotional activity for the identified investment opportunities

In turn, selected Municipalities will commit to:

  • identify investment opportunities on their territory
  • reducing bureaucracy and tax burdens for enterprises
  • provide supporting tools to facilitate communication with local enterprises.

The call for proposals (from April 18th to June 5th 2017) invites Lombardy Municipalities to:

  • identify one or more investment opportunities available on their territory with a minimum size of 10.000sqm for new construction or existing buildings with a minimum flooring of 1.000 sqm. The sites must be open for the following use: manufacturing, office, hospitality, logistics and transports.
  • introduce and identify concrete actions to facilitate the investments on the territory.

Lombardy is an important market for investors. With AttrACT the region will be even more attractive.

Find out more

territorio@investinlombardy.com
For more information about the Call for Proposals, please click here

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