Business

Aerospacelab opened its first US satellite manufacturing facility

19 September 2024

Belgian satellite manufacturer Aerospacelab, headquartered in Mont-Saint -Guibert, has inaugurated its first production plant in Los Angeles, California.

Ghent biotech startup first in Belgium to make animal-free cheese

12 September 2024

Cheese does not necessarily have to contain animal dairy to still pass for real cheese.

Prostheses worth their weight in Olympic gold

11 September 2024

Start-up Tecfit is supporting Belgium's medallists at the Paralympic Games by adapting their orthopaedic equipment.

Belgian startup is popular overseas

04 September 2024

A Belgian start-up that uses AI technology to combat market abuse is growing increasingly popular abroad.

A Belgian QR code wins over the US

04 September 2024

A Ghent-based company generates user manuals using an original application that has become a Belgian success story aiming to conquer a global market.

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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