The Pertes will mobilize a total of 40,943 million, of which 18,563 loans
MADRID, 21 (PRESS EUROPE)
Up to €10,750 million of the €12,250 million Perte Chip budget will correspond to funding from the addendum to the Recovery, Transformation and Resilience Plan in the face of “uncertainty about projects and the form of funding”.
Indeed, the full document of the addendum revealed this Wednesday after its presentation last Tuesday recognizes the “exceptional” character of this part, the largest of those announced by the government and whose ultimate goal is to attract several chip and semiconductor factories in Spain. .
Thus, the Perte funding will consist of 10,750 million loans and 1,250 million euros of further transfers of the Addendum which will add to the 275 million euros of the first phase of the Recovery Plan.
According to Perte Chip’s initial plan, the executive planned to invest 7,250 million euros to attract an advanced chip factory (less than 5 nanometers) and 2,100 million euros for other larger and less advanced chip makers.
The government has described the fight to attract the aforementioned factories as a “middle race” and the prime minister, Pedro Sánchez, has personally met with the leaders of possible investment companies such as Samsung, Macron and Intel, which will participate in the Perte with a laboratory next to the Barcelona Supercomputing Center.
To date, Cisco and Intel have joined the project, with the first calls and public consultations to be launched next year after the government meets with industry.
In terms of digitalisation, the Addendum also includes the Government’s willingness to strengthen the cybersecurity sector and the digital transformation of society. According to the government executive summary, the Digital Kit program will be strengthened, as well as training programs and digital skills.
Similarly, funding for European Projects of Special Interest (IPCEI) will be supported to develop the technological capabilities of the Union as a whole.
REST OF THE PARTIES
After the addendum is inserted, the expected dozen Pertes will mobilize a total of 40,943 million euros, of which 18,656 million euros (45.5%) will be loans.
Perte Chip is followed in total by Renewable Energy, Renewable Hydrogen and Storage (ERHA) Perte which, to its initial endowment of 6,920 million euros will add 1,555 million euros in sales and 2,000 million in loans from the addendum for a total endowment of 10,475 million euros.
For its part, the Electric Vehicles Part will receive funding of 1,425 million euros which will raise its final endowment to 4,295 million euros.
Thus, the new Industrial Decarbonization Part, scheduled for approval at the next Council of Ministers, divides its 3,100 million euros into 400 million of the first phase, 1,200 million transfers from this recently announced second phase of the Recovery Plan and 1,500 million loans .
The Digitization Part of the Water Cycle, for its part, incorporates 2,350 million euros of the addendum (1,250 in transfers and 1,1000 in loans) for a total of 2,790 million euros, while the Care Economy Part does the same with 1,000 million euros in transfers, which bring the final amount of the project to 1,808 million euros.
Along the same lines, the Department of Health of Vanguardia will receive half of its funds from the addendum with 500 million euros of wire transfers and 330 of loans for an endowment of 1,650 million euros, while Agribusiness reaches 1,450 million euros with an injection of 950 million euros. million of this second phase of the Recovery Plan (850 million loans).
Finally, the Part of the New Language Economy will be endowed with 1,100 million euros (with 400 million euros in loans); Aerospace, with 923 million euros (240 million of loans and 100 of new transfers from addendum); the Circular Economy Part will be strengthened with 600 million of additional bank transfers for a total of 792 million euros, and the Naval Industry Part with loans of 110 million euros, which add up to a final budget of 310 million for the industry.
