“Italy is getting ready to develop into one particular of the premier microelectronics producers in Europe,” Urso advised reporters in Pescara, where by the ruling get together Fratelli d’Italia is conference this weekend. 

In March, Urso announced an investment of €3.2 billion ($3.4 billion) by the Singaporean startup Silicon Box, to develop a chip manufacturing facility in the north of the state. The announcement came after the govt unsuccessful to persuade US-based mostly chip-maker giant Intel Corp. to spend. 

“I think that in the coming weeks we will be in a position to make other similarly sizeable announcements,” he also said, in accordance to neighborhood media.