Business

Imec, the first European incubator for start-ups

28 November 2019

Imec, located in the suburbs of Leuven, has become a research centre specialising in nanotechnology and the development of electronic chips.

Boortmalt, the world's leading player in the production of malt

25 November 2019

Antwerp was already the proud home of the world's largest malting plant in 2018, when Boortmalt added its fourth tower with an annual malt-production capacity of 470,000 tons.

A “beer train” replaces 5,000 lorries

21 November 2019

The American-Belgian brewery group, AB InBev transports millions of hectolitres of beer to the port of Antwerp.

Walloon export is doing great!

21 November 2019

With growth of more than 8.4%, and a total amount of €24 billion, sales of Walloon goods have set a new record. An upward trend since 2017!

Try some cricket caviar from Wallonia

08 November 2019

A record number of 88 technological innovations were presented this year at the 8th edition of InnovaTech in Colfontaine, the Walloon fair for small and medium-sized enterprises (SMEs) and micro enter

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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