INTEREST IN INVESTING IN ITALY INCREASES

(VELINO) Roma, 12 Jun - International business are becomingmore interested in investing in Italy, according to the fifth"IBAC Italy". The event was organised by the Foreign AffairsMinistry, the Economic Development Ministry, the Education,University and Research Ministry and ICE, the Italian foreigntrade institute. The event, hosted for the second time by theFarnesina (Foreign Trade Ministry), seeks to attractinvestments in Italy, especially in areas such as the IBAC(International Business Advisory Council). It is made up ofexecutives from the major multinational companies and suggestsbest practices to attract investment, improve lifestyles,develop technology and

(VELINO) Roma, 12 Jun - International business are becomingmore interested in investing in Italy, according to the fifth"IBAC Italy". The event was organised by the Foreign AffairsMinistry, the Economic Development Ministry, the Education,University and Research Ministry and ICE, the Italian foreigntrade institute. The event, hosted for the second time by theFarnesina (Foreign Trade Ministry), seeks to attractinvestments in Italy, especially in areas such as the IBAC(International Business Advisory Council). It is made up ofexecutives from the major multinational companies and suggestsbest practices to attract investment, improve lifestyles,develop technology and infrastructure to become competitiveinternationally. Antonio Bernardini, deputy secretary generalof Farnesina, told Pei News: "This is IBAC's second edition inRome. Unlike the first edition, this one focuses on progressmade in real economy and in government actions. The firstlaunched a programme with many expectations, yet many unsolvedproblems. This edition has a new tune. There are stillexpectations and requests to overcome some hurdles, but thereis also the awareness that reform and actions have beenaccomplished positively. It has definitely been a positivesession as Italy is being acknowledged worldwide." Thoseattending the two-day event included: Paolo Gentiloni, ForeignAffairs and International Cooperation Minister, Fedrica Guidiand Carlo Calenda, Economic Development minister and deputyminister respectively, Education Minister Stefania Gianniniand Sir Martin Sorrell, IBAC chairman. vel.