Tuscany Region, Confindustria and Confindustria Toscana have renewed their partnership agreement on foreign investment attraction and development, reinforcing a collaboration that dates back to 2019. The agreement was signed in Rome on July 2, 2026, marking the third edition of the protocol following previous renewals in 2019 and 2022.
The signing took place during the Annual Meeting 2026 of the Confindustria Foreign Enterprises Technical Group, hosted at Luiss Guido Carli University under the theme “Territories that Attract: Regions, Businesses and Institutions Consolidating Foreign Investment.” The event, organized together with the Conference of Regions and Autonomous Provinces, brought together institutions and businesses to discuss how Italian territories can strengthen their capacity to attract, support and retain quality foreign investment.
President Eugenio Giani signed the agreement alongside Barbara Cimmino, Confindustria’s Vice President for Export and Investment Attraction, and Paolo Ruggeri, coordinator of Confindustria Toscana’s Multinational Companies Commission.
What the Renewed Protocol Covers
The updated agreement sets out a shared roadmap for the coming years, focused on:
- Retention and roots: supporting foreign-capital companies already active in Tuscany to deepen their integration into the region’s economic, institutional and social fabric.
- Broader value creation: extending the conversation beyond direct economic impact to environmental sustainability, circular economy practices and welfare programs.
- Institutional exchange: sharing best practices between Regions and national institutions on administrative procedures, retention agreements, and legislative, fiscal and promotional measures.
- Governance: outlining the role of the Invest in Tuscany Advisory Board, the region’s consultative committee dedicated to institutional dialogue with foreign and nationally significant companies operating or investing in Tuscany.
As part of the agreement, IRPET and the Confindustria Toscana Study Centre will carry out periodic research to monitor the dynamics of foreign-owned and large enterprises — tracking their links with local SMEs, indirect economic effects, early warning signs, and training, innovation and service needs.
A Track Record That Speaks for Itself
Tuscany was among the first Italian regions to establish a dedicated investment attraction office. Since founding Invest in Tuscany in 2010, the region has built a structured strategy for attracting Italian and foreign investment — and the results place it firmly among Italy’s top performers.
Between 2019 and 2025, Tuscany recorded 303 investment projects worth a combined €12.4 billion, ranking fifth nationally. President Giani noted that these investments go well beyond direct economic value, helping accelerate innovation and spread skills and technology to local businesses, while activating collaborations that involve local enterprises, universities, research centers and aggregator entities. With the protocol renewal, the region aims to build new support measures, drawing also on European fund opportunities.
Paolo Ruggeri underlined that the renewed protocol reflects a collaboration that has grown more concrete and continuous over time, now adapting to a changing economic landscape and the evolving needs of international investors. He described foreign-capital companies as a strategic resource for growth and competitiveness — contributing not only investment, but innovation, stronger supply chains, and new opportunities for the territories where they operate.
Looking Ahead
The renewed protocol reaffirms Tuscany’s long-term commitment to being a reliable, well-structured partner for international businesses — combining institutional continuity with a forward-looking approach to sustainability, innovation and territorial development.