Government Policy ( secondary )

Subdecks (1)

Cards (24)

  • From 1957 Cassa per il Mezzogiorno focused on industrial development.
  • The Cassa per il Mezzogiorno spent €2.3billion over 25 years under the Vanoni Plan.
  • The Vanoni Plan measures created 300,000 new jobs.
  • Introduced grants, subsidies and tax relief to attract new private companies.
  • 40% of all new state companies to set up in Mezzogiorno
  • New industrial estates were built.
  • Local workers received training
  • A new airport was built at Calabria.
  • A new motorway was built - The Autostrada del Sole, it stretches from north to south for over 1000 km and has improved access to the Northern markets
  • Four growth poles were identified to become centres of economic growth e.g. Bari-Brindisi-Taranto industrial triangle.
  • Heavy industries such as petrochemicals and steel have opened here e.g. Finsider Steelworks.
  • Finsider Steel works is Italy's largest steelworks located in Taranto.
  • The Naples and Latina regions have developed chemical, oil refining and ship building industries.
  • In Sicily, oil refining and petro-chemical industries were set up.