Business

First solar tower operating at night

02 December 2021

A 260-metre tower, connected to 70,000 mirrors, stands in the area outside Dubai to produce electricity using a solar receiver designed by the Liège company John Cockerill.

Zaventem, the hub for COVID-19 vaccines

01 December 2021

Just over a year ago, in a world first, the first flight carrying coronavirus vaccines left Brussels airport for the United States.

Van Hool achieves world first with 100% battery-electric double-decker touring coach

25 November 2021

After the independent manufacturer of buses, coaches and industrial vehicles Van Hool from Koningshooikt shipped the first 100% battery-electric travel bus, the CX45E, to the US in late 2020, the doub

Google continues its development in Hainaut

24 November 2021

The American giant has announced the construction of its sixth data centre in Belgium, confirming that this country remains the epicentre of its European development.

GSK and Imec join forces for innovative biopharmaceuticals

18 November 2021

The interdisciplinary cooperation between British pharmaceutical company GSK, whose vaccine branch has a strong presence in Wallonia, and the Imec research centre in Leuven, is expected to lead to inn

Location, infrastructure and a quality workforce

Belgium occupies an important position on the economic chessboard. It is ranked 11th country in the world for the export of merchandise (WTO-2019 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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