What is the goal of the investment?

Transform Italian agriculture into Agriculture 4.0: less pesticide use, less polluting machinery, digitalisation, and new technologies. And more modern systems for processing, storing and packaging of Made in Italy food products (in particular olive oil, the excellence of our territory), in order to improve the sustainability of production, reduce/eliminate waste and promote the reuse of production waste to create energy.  

Total investment cost 500 million
  • Reduce the gaps in standards of living
  • Youth
Additional details

According to the EU "From producer to consumer" strategy, it is necessary for the agriculturalists to modernize (and quickly) "to achieve the best environmental results, increase climate resilience and reduce and optimize the use of productive factors".  Through capital contributions, the project supports 15,000 agriculture businesses in the renewal of machinery, in the introduction of precision agricultural techniques (which will reduce the use of pesticides by 25-40 percent), in the utilization of Agriculture 4.0 technologies, and the replacement of old polluting Euro 1 tractors, which represent around 80 percent of the current active fleet, with Euro 5 vehicles (with which Co2 emissions will drop 95 percent). Also important is the initiative for modernization of the processing, storage and packaging processes of olive oil: this will support a strategic sector, the market for which has shown signs of distress in recent years.

What are the benefits?

  • concrete support for companies to invest in innovative machinery and non-polluting vehicles
  • healthier and more sustainable food
  • less waste production and reuse of waste products for energy production
  • next generation olive presses for the production of olive oil

Key steps and Expenses envisaged

Key steps