A strong economy Supported by strong infrastructure Excellent workforce bilingual capacity Where...
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Transcript of A strong economy Supported by strong infrastructure Excellent workforce bilingual capacity Where...
A strong economy
Supported by strong infrastructure
Excellent workforce bilingual capacity
Where businesses take pride in quality
Directly surrounded by the largest EU markets
Antwerp
FLANDERS: A GATEWAY TO EUROPE
60 % of EU purchasing power lies within 600 km => short delivery & travel times.
Proximity to European headquarters of major commercial & official organisations => lobby activities.
Open to different approaches due to being located amongst three major cultures : German and Nordic, Anglo-Saxon and Latin => ideal business ethos and workforce.
Companies which reffered to Belgium as test market/invested in => good examples
In the Life Sciences: Johnson & Johnson, Pfizer, Schering-Plough, AstraZeneca In ICT: British Telecom, Philips, ST Microelectronics In Chemicals: BASF, Bayer, Kaneka, Nippon Shokubai In Food Products: Heinz, Procter & Gamble, Tropicana In Logistics: Caterpillar Logistics, Deutsche Post, NYK
UNIQUE LOCATION AT EUROPEAN CROSSROADS
Population: 6.1 million (58%)
Companies: 480,433 (66%)
Employment: 2,000,000 salaried 400,000 self-employed
Exports: €247 billion (81%)
KEY FIGURES FOR FLANDERS
Importance of foreign trade for Flanders: export ratio GDP 101%
No. 9 export region in the world
Accounts for 3.11% of world exports
IMPORTANCE OF FOREIGN TRADE FOR FLANDERS
EXPORT RATIO GDP (in %)
Of Belgium’s total GDP, region is good for 17% or €57.3 billion.
The city employs more than one eighth of the population of Flanders.
Purchasing power parity is 34% above the E.U. average. Several universities, colleges and knowledge centers
contribute to Antwerp’s innovative business angle and talent base.
Highly favorable economic climate for businesses from every sector of the market.
MAJOR ECONOMIC ENGINE
1. Port of Antwerp
2nd largest in Europe, 5th in the World
Fast growing logistic and distribution centre
Largest storage supplier in Europe : 5.4 million m² of warehousing with specialised handling and storage in “supermarket of Europe”
Strong chemical and petrochemical sector
Value of Maritime Trade: 178,2 million tons in 2010
Employment (direct and indirect): 148,000 jobs
THREE PILLARS OF COMPETITIVENESS
2. Diamond
1500 diamond firms and four diamond exchanges within an area of less than 1km2.
80% of the world’s rough diamond trade.
Represents nearly 15% of Flemish foreign trade (exports and imports).
Diversification: jewellery confection and trade.
THREE PILLARS OF COMPETITIVENESS