Intesa Sanpaolo promotes the Italian port system in Germany
Intesa Sanpaolo is promoting the Southern Italy Special Economic Zone (SEZ) and the Central North Simplified Logistic Zones (SLZ) in Germany to support the development of the Italian port system by attracting foreign investment and strengthening trade relations.
The Group has also increased to €10 billion the national financing available for new production sites, expansion and modernisation of existing sites and investments in the energy sector in the SEZ and SLZ, as part of the larger €410 billion plan to support the National Recovery and Resilience Plan (NRRP).
In these areas, Intesa Sanpaolo has already financed direct and indirect investments of over €5 billion and launched an ad hoc credit line, the S-Loan ZES, which offers a lower interest rate.
The trade mission to Frankfurt met with 25 German companies interested in investing in Italy to develop their business, focusing on a supply chain infrastructure system in which the Mediterranean plays an increasingly strategic role within the new geopolitical context.
An analysis by SRM
According to estimates by SRM, a research centre associated with Intesa Sanpaolo, once fully operational, free-trade zones can increase local exports by up to 4% and container traffic by as much as 8.4%.
The NRRP focuses on SEZs, allocating €630 million to port, logistics, rail and road projects to consolidate connections between ports and production areas, thus ensuring adequate development of connections with the national transport network and, in particular, with the Trans-European Networks (TEN-T).
To date, SEZs have facilitated the development of more than 160 industrial and logistical investments in the regions of Southern Italy through consolidated authorisations. The Plan also sets aside €9.2 billion for the development of port infrastructure, with a particular focus on digitalisation and sustainability, essential to Italy's competitiveness in the Mediterranean, a sea that accounts for 20% of the world's trade flows and 30% of its energy traffic.
Intesa Sanpaolo's support for the Italian port system also includes:
- Specialised advisory to support companies in access to national and international tenders
- Products and services to support strategic supply chain agreements with the main logistics supply chains in the area, including through the "Supply Chain Development Programme"
- Local promotional activities, through the organisation, together with leading logistics companies and port authorities, of physical and virtual events to engage companies and investors and raise awareness of available opportunities, in collaboration with SRM, a research centre linked to Intesa Sanpaolo that specialises in maritime transport and logistics
- Collaboration agreements with all the commissioners of the current SEZs in Southern Italy as well as with the SLZs in the Centre-North and the main port authorities in view of fostering local development.
The mission to Germany was organised with the support of the Frankfurt branch of the IMI Corporate & Investment Banking Division and in cooperation with VISA, and was made possible by collaboration with the Italian Chamber of Commerce for Germany, ICE - Agency for the Attraction of Investments, SRM, a research centre linked to Intesa Sanpaolo, and Confindustria.
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Last updated 29 November 2023 at 18:55:48
