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[ECON] Triangolo Industriale
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GalacticDiscourse090 is in ECON
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The Italian economic recovery program of the late 1940s has borne fruit! As workers from all over the country pour into the factories and industrial heartlands of Italy, manufactured and refined goods exit our ports to be shipped out around the world, returning great profits for our industry to grow and expand. Commerce is the lifeblood of an advanced economy and the export of manufactured materials is the key towards a bright future for our industries. Nevertheless, as industrial output recovers, we must prepare for the occasion in which demand dries up, thus our industries must be ready to gear towards more diverse and advanced manufacturing in addition to existing production. The vast manpower pool of our great nation and political reforms encouraging the growth and migration of workers to urban regions give us an unprecedented number of workers. The Ministry of Interior, Public Works, Industry, and Commerce would thus work together in this new megaproject: the Industrial Triangle.

-The region of Lombardy and more specifically the city of Milan as it is now, is the center of Italy’s finance and industry, There is no denying that Milan is the industrial heartland of Italy, so it makes sense to play into its strengths and enable its expansion to its greatest possible extent. The state will provide significant industrial subsidies for the expansion of petrochemical industries, steelworks, automobile assembly lines, clothing, machine tools, heavy machinery, engines, machine parts, artisanal works, and manufactured luxury goods as well as the expansion of Milan’s vibrant art, music and culture scene. A total of $750,000,000 USD has been allocated for the plan which would involve a marginal increase of the government budget in procurement for the construction sector. New factories, refineries, silos, and assembly plants will be opened in the coming months, providing jobs for hundreds of thousands of laborers. In addition, the funds would be allocated to the Porta Nuova business district where banks and stock exchanges will be expanded to elevate Milan into a true business hub of Europe and the world. Companies that will receive such subsidies will include:

  • Alfa Romeo (Automobiles),
  • Prada S.p.A (Luxury Goods)
  • Edison S.p.A (Electrical Infrastructure)
  • Techint (Steel, Construction)
  • Mapei (Chemicals)
  • Versailis (Petrochemicals, subsidiary to Agip Petroleum)
  • Agip (Petroleum, Natural Gas)
  • Candy S.p.A (Home appliances)
  • Bertolli (Food and Preservatives)
  • Campari S.p.A (Beverages)
  • Ampfilon S.p.A (Health products)
  • Bracco S.p.A (Pharmaceuticals)

The region of Piedmont and more specifically the city of Turin by contrast shall be the the industrial heartland of the automobile, military, and aeronautics industry. Adopting the Fordist model in economic development, Turin shall specialize in the mass production of these products, in high demand across the world. The expansion of Turin’s urban areas and industrial zones shall provide the materials needed for the assembly of cars: machine parts, steel, engines, glass, processed aluminum, radios, etc. which would maximize the productivity of our automobile manufacturing. Special care has been allocated towards the aeronautics sector of Italy which has languished throughout the years, The construction of research and development sites as well as manufacturing plants for airframes, jet engines, and electronics will help supercharge Italy’s aviation industry back into the cutting-edge, a status it has lost since the 1920s. Insolvent aeronautics industries such as Savoia-Marchetti have been distributed amongst rising aeronautics industries such as Aermacchi and Agusta. A subsidy fund of $620,000,000 in this project which would also help in the city’s expansion of housing, transportation, electricity and water availability A significant portion has been allocated and the following companies will receive a selection of the subsidies:

  • FIAT-Agnelli (Cars, Military Vehicles)
  • Lancia (Trucks and Heavy Duty Vehicles)
  • Aermacchi (Aircraft, Jet Engines, Prop Aircraft)
  • Agusta (Airframes, Turbofan engines, Helicopters)
  • OTO-Melara (Artillery, Munitions, Armored Vehicles)
  • Agip (Oil refining, storage, Petrochemicals)

The region of Liguria and more specifically the cities of Genoa and La Spezia have long been booming hubs of shipbuilding, steel, and metal production. With the naval expansion program approved by Parliament to rebuild the Italian navy back to pre-war strength and modernization, the expansion of drydocks and naval infrastructure in La Spezia and Genoa is crucial. The navy of course is not the only priority, the expansion of the port of Genoa into a strategically vital harbor and transport network for the export of our goods flowing from the factories in Lombardy and Piedmont, to the global market is vital, in order to better control the massive flow of goods moving in and out of Genoa. A mixture of heavy industry in the shape of steel plating foundries, and metal construction as well as a healthy dose of light industrial expansion in luxury goods, wine brewing, and food canneries. La Spezia for their part will open a new berth and drydock for capital ship construction as well as slipways for light ship construction. A total of $500,000,000 will be allocated to this project which a portion would be subsidies to the following enterprises:

  • Shipyard Riva Trigosso (Genoa)
  • Shipyard Muggiano (La Spezia)
  • OTO-Melara (Naval artillery)
  • Ansaldo (Heavy machinery, armor plating, steel plates)
  • Agip (Oil refining, storage)

Finally, a curious case in the shape of Agip Petroleum, based in Rome, has found that significant natural gas reserves in Northern Italy could be exploited to reduce Italy’s dependence on coal and fuel its industrial expansion more efficiently by the extraction of local Italian gas reserves. The security of Italy’s fuel assets is of enormous importance to the state as well as the effective transportation of these goods across Italy, thus a significant fund of $675,000,000 has been allocated to the expansion of railways, roads, highways, natural gas extraction, the expansion of Agip Petroleum, pipelines, power lines and other infrastructure across Northern Italy.

CHANGES TO THE BUDGET:

2% Tax revenue increase

3.5% Distribution Infrastructure

2.2% Public Housing

1.3% Water infrastructure

1.1% Research Spending

5.2% General Infrastructure

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1 year ago