The Region of Basilicata and the Italian Chamber of Commerce in Canada

invite qualified business people to attend a

Luncheon Presentation

 on

Investment Opportunities in the European Union

The presentation will focus on the investment opportunities and investment incentives in Basilicata (southern Italy) in the sectors of commercial and residential real estate development, agriculture, tourism, and oil & gas

September 28th, 2006

Renaissance Vancouver Hotel Harbouside

1133 West Hastings, Coal Harbour

12:30 pm- 2:30pm

Speakers :

Dott. Emilio Libutti  (Regione Basilicata)

Dott. Roberto Rosi (Invest In Italy)

Dott. Raffaele Ricciuti (Sviluppo Italia Basilicata)

Testimonials:

Dott. Angelo Tarantino (Tourism Marketing Consultant)

Dott. Giuseppe Masturzo (Vulture Agrifood District)

To RSVP, please call 604-682-1410 or visit http://www.iccbc.com/page336.htm

This event is financed under the agreement between ICE & Regione Basilicata, co-financed by the European Union and is part of the activities of SPRINT BASILICATA

InvestInItaly is the Italian organization for investment promotion created by Sviluppo Italia (the National Agency for Enterprise and Inward Investment Development) and the Italian Trade Commission (the Government Agency which promotes the internationalisation of Italian companies).Its mission is to offer a single and reliable reference point to current and new investors intending to set up or expand their business in Italy.

InvestInItaly supports enterprises in every phase of investment and business development: from choosing the location to setting up a project, from helping with Public Administration to providing incentives and after care services.

Basilicata is one of the most dynamic and progressive Italian regions. Since the late-Nineties, there has been significant economic growth, resulting in a GDP increase, lower unemployment and a stronger business environment. This has attracted a substantial number of both Italian and foreign companies to the area.

The region's strategic geographic position and its efficient road and rail network provide easy access to important markets. Companies can rely on universities and centers of excellence to provide support to companies focusing on innovation.

Available incentives:

Basilicata is an EU Objective 1 funding area meaning that Companies locating there qualify for the highest level of financial incentives, allowed by the European Union.

Business climate:

There are over 125,000 companies operating in Basilicata. Entrepreneurial activity is above the national average and the main areas of production are agriculture and services.  Industry is characterized by production in the following sectors: car components, chemicals, furniture and textiles.   Business density per 100 inhabitants: 9.5 (Italy = 8.6).         In Basilicata the service sector is most prominent and accounts for two-thirds of the total valued added.