Business

Seven years of steady growth for UCB

03 March 2021

Despite the health crisis, which interrupted its ongoing clinical trials for a while, UCB, the Belgian biopharmaceutical company whose main activities are the research, development and marketing of ph

Wood and art: the perfect match

25 February 2021

The tallest wooden building in Belgium, or even in the Benelux, is in Liège. A local artist was allowed to brighten up the façade by the project developer. Successful across the board.

Launch of a Belgian-Japanese hydrogen-powered ferry

19 February 2021

Antwerp-based Compagnie Maritime Belge (CMB) and Japanese shipbuilder Tsuneishi Facilities & Craft (TCF) have combined their know-how and technological expertise to build Japan's first hydrog

Ports of Antwerp and Zeebrugge to merge in 2022

18 February 2021

The two Belgian ports of Antwerp and Zeebrugge have announced their intention to merge.

Belgian biotech enters the big league

18 February 2021

A Liège biotech company is anticipating the global marketing of its treatments for autoimmune diseases thanks to the support of the pharmaceutical giant Pfizer.

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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