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　　the US semiconductor giant Intel is preparing to build a chip packaging plant in Italy with an investment of several billion euros. The Italian government and Intel have finalized the location of the chip factory in Vigasio, a small town in the Veneto region of northeastern Italy, two people familiar with the matter said.

　　Intel is building the chip packaging plant in Italy as part of a major European investment plan. In March last year, the company announced that it would invest 80 billion euros (about 77.5 billion U.S. dollars) in Europe over the next decade to deploy semiconductor production capacity.

　　The initial investment of the Italian chip packaging plant is 4.5 billion euros, and the investment will be expanded in the future. According to Intel, the factory will create 1,500 direct jobs and 3,500 indirect jobs through suppliers and partners. The completion and commissioning of the plant is expected between 2025 and 2027.

　　It is reported that the main business of this Italian factory is semiconductor packaging, which will use the latest technology to package semiconductor components into complete chip products.

　　Sources said that at the beginning of this month, all parties involved in the project had formulated a detailed investment plan, but the plan was officially announced, and it needed to wait for the end of the parliamentary elections in Italy on September 25.

　　An Intel spokesman did not comment on the investment plan, saying the project was still in progress and needed to be kept under wraps.

　　The location of Vigasio is close to the northern Italian city of Verona, close to the road and rail network near Mount Brenner in Italy. Intel and the Italian government had originally drawn up a shortlist of two sites, including a city in Piedmont in northwestern Italy, in addition to Vigasio, but Vigasio ended up being the preferred location.

　　Among other reasons, Vigasio and the German city of Magdeburg are easily accessible. In the city of Magdeburg, Intel also plans to build two semiconductor factories, a source said.

　　Earlier, Intel and the Italian government had also considered sites in Lombardy, Apulia and Sicily.

　　Earlier, it was reported that the Italian government will actively support Intel's semiconductor investment in the country, and plans to provide 40% of the total investment.

　　In addition, in order to develop Italy's local semiconductor manufacturing industry, the Italian government is also actively negotiating with other semiconductor giants, including STMicroelectronics, Hughes Electronic Materials, TSMC and Italy's Tower Semiconductor. It should be noted that Intel acquired Tower Semiconductor earlier this year.