Business

The longest tunnel in the world will be slightly Belgian.

28 May 2020

The Fehmarn Belt project had gone quiet in recent years while the authorisation procedure was underway.

COVID-19: research on the beneficial effect of oestrogen

28 May 2020

Mithra, the Belgian biotech company specialising in women's health, has announced the launch of phase II of its research programme to study the potential beneficial effects of Estetrol (E4), a na

The Dragon Project in the fight against coronavirus

20 May 2020

A European grant is allowing a company from Liège to take part in an international project called Dragon, which aims to improve and accelerate the diagnosis and treatment of coronavirus-related diseas

COVID-19: social distancing under control

18 May 2020

Lopos, a spin-off from IMEC and Ghent University, has presented a new portable device, the "Lopos SafeDistance".

Univercells is working on the manufacture of a vaccine against Covid-19

08 May 2020

Walloon biotechnology company Univercells is joining forces with two partners, the Italian company ReiThera and the German company Leukocare, for the large-scale development of a vaccine against Covi

Location, infrastructure and a quality workforce

Belgium occupies an important position on the economic chessboard. It is ranked 12th country in the world for the export of merchandise (WTO-2014 Report) and is a favourite destination for investors. Every year, billions of euros of foreign direct investment are made in Belgium.

Belgium offers the opportunity to reach 200 million consumers in a radius of 500 kilometres thanks to its central geographic position and its quality logistics infrastructures. Sea ports, inland ports, canals, airports, rail, road and motorway networks: the various communication channels in Belgium are constantly being adapted to the needs of the economy. For example, the port of Antwerp is the 2nd busiest European port and has the largest petrochemical complex in Europe. The city of Antwerp is the diamond capital with 80 % of the market in rough diamonds and 50 % in polished diamonds.

There are many other reasons to explain Belgium's economic success including a highly-qualified, multi-lingual and flexible workforce, proximity with the international decision-making sphere based in Brussels, many financial and tax incentives, affordable property prices, legendary hospitality, excellent social security and more.

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