Italy offers a good balance of quality labor cost competitiveness, and Japanese companies can benefit from choosing Italy as a European research and development center in Europe, a country official said.
There is a Japanese pharmaceutical company that invested in Italy to export their products back to Japan because the quality of human resources and cost competitiveness is high in Italy, said Stefano Nigro, director of the Italian Trade Agency's Foreign Direct Investment Department.
"Japanese companies buy Italian companies because they want ability in research and development," he said during an interview with The Japan Times after an Invest in Italy Roadshow, a seminar to promote investment in Italy to Japanese companies.