Business

Belgium has the largest energy storage facility in Europe

05 January 2023

Belgium can call itself the home of the largest energy storage facility of continental Europe after a French company took interest in a small town in the province of Hainaut.

A Recycling Valley in the heart of Europe

22 December 2022

In the Liège steel basin, metal recycling projects are increasing in number. The region has no shortage of assets to help it achieve a European leadership in the sector.

Imec teams up with Japanese chip conglomerate

19 December 2022

Belgian research institute Imec is teaming up Rapidus, a brand new electronic chip manufacturer.

Blue hydrogen plant for North Sea Port Ghent?

14 December 2022

Green hydrogen, made from green electricity, has the wind in its sails.

A Belgian engine for less polluting trucks

07 December 2022

The Compagnie Maritime Belge (CMB) was founded more than 125 years ago and has always known how to adapt to its environment.

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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