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Global Trade Alert

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Italy: EUR 1.3 billion to support Singapore's Silicon Box in setting up a new semiconductor facility

Description

On 17 December 2024, the European Commission approved a EUR 1.3 billion (USD 1.36 billion) direct grant to support Silicon Box's construction of a semiconductor advanced packaging and testing facility...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Dec 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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