Italy's FDI Confidence Index improves

Rome - Ivan Scalfarotto, Undersecretary of State for Economic Development, said that "the 2017 Foreign Direct Investment (FDI) Confidence Index has shown that Italy has become all the more attractive for foreign investors."

Mr Scalfarotto also pointed out in a note that: "Our country ranks 13th among the 25 most attractive countries, advancing three positions from last year, and gotten ahead of the Netherlands, Sweden and South Korea." The Undersecretary continued on to say: "The Index, developed by ATKearney, one of the most long-lived and authoritative consulting companies in the world, was presented on Tuesday last in Washington DC. It is based on the assessment made by the managers of the world's most important companies and is considered to be a well-established and reliably predictive tool. It should be noted that Italy was not included in this prestigious Index from 2005 to 2014. We have been able to improve our performance gradually, but we can do more as regards to the road to bureaucratic simplification and reforms. To do so, we must pursue quality in all fields, confirming and upholding the idea of stability and reliability that we have been developing in these past few years."