Business

Concordia Textiles recycles textile fibres to their original quality

08 September 2021

Just burning ready-made clothing is no longer acceptable. It is time for this industry, one of the most polluting in the world, to become environmentally friendly.

Inauguration of the first hydrogen-powered bus in Brussels

02 September 2021

From the beginning of the school year, hydrogen-powered buses will be taken into service by the STIP (Brussels public transport).

Solvay enters into joint venture with a Taiwanese company

02 September 2021

Shinsol Advanced Chemicals is a joint venture between the Belgian chemical group, Solvay, and its Taiwanese counterpart, Shinkong, for the development, production and marketing of high-quality hydroge

Melexis, vital chips

24 August 2021

For thirty years, the Belgian company Melexis has been designing, developing and supplying innovative microelectronic solutions.

Belgium is now taking flight again for the first time since 1958

18 August 2021

In 2015, Sonaca Aircraft was founded.

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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