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We support businesses operating in the agrifood sector, helping them access credit and facilitating their growth in domestic and international markets.
Developing the sector for the growth of the country
The agrifood sector is an important segment of the Italian economy, because it makes a critical contribution to industry and trade.
As such, supporting the development of the sector helps to improve the future of the country.
The Italian agrifood sector is characterised by a complex range of supply chains that work together to make and distribute food products. This multi-faceted and highly fragmented reality comprises companies and entities with a broad range of strategic approaches and production processes.
The challenge is to enhance and develop the supply chains by integrating their various constituent parts, as well as through initiatives to drive the innovation, growth and competitiveness of companies in the agrifood industry.
Exports are the key
The sector aims to promote Made in Italy products both domestically and internationally, to take Italian excellence around the world by leveraging the quality of our raw materials and leading production processes. In fact, the manufacture and export of specialised food processing machinery is an economically significant sector with strong competitive appeal on global markets.
An analysis conducted by Sace on exports of Italian food and processing equipment shows how the overseas growth of the agrifood and mechanical engineering sector has huge potential and significant growth prospects for the future.
Taking an industry-wide approach, machinery and foodstuffs can be two sides of the same coin.
The ability to integrate these two strengths of Italian manufacturing opens up new possibilities in identifying target markets and new ways to expand overseas.
Chart. Exports of food products by Italy and a few competitors. 2015 exports (€ billions), growth rate 2007-2015
The role of CDP
Subsidised loans for the agrifood sector
In recent years we have successfully supported a number of public initiatives by the Italian Ministry for Agriculture, Food and Forestry Policies, through subsidised financing provided via a dedicated fund: the Revolving Fund to support Enterprises and Research Investment (FRI).
In particular, CDP has supported the following initiatives by the Ministry:
The first call for CDP funding involved around €150 million. In light of its success, the initiative is currently being refinanced with a further €200 million of CDP resources, ahead of a new call to be put out by the Ministry.