Italy committed to secure Intel investment over chip factory, minister says
FILE PHOTO-Italy's newly appointed Economy Minister Giancarlo Giorgetti looks on during the swearing-in ceremony at Quirinale Presidential Palace in Rome, Italy October 22, 2022. REUTERS/Guglielmo Mangiapane
MILAN : Italy's government is determined to secure an investment by Intel to build a chip factory in the country, the economy minister said on Wednesday.
"Unfortunately, or luckily, we have had a change in the government: things have worldwide changed as regarding costs, but we are still committed", Minister Giancarlo Giorgetti said on the sidelines of a parliamentary audition.
In her end-of-year news conference in December, Prime Minister Giorgia Meloni said she considered Intel's investment as highly strategic and would schedule a meeting with the company to explore ways to facilitate it.
(Giuseppe Fonte, writing by Alessia Pé, editing by Gianluca Semeraro)
