Business

The Belgian site of GSK takes big step towards coronavirus vaccine

13 November 2020

Several pharmaceutical companies are in the race for a coronavirus vaccine.

A Belgian start-up with the wind in its sails

12 November 2020

Great Circle-Squid will provide weather services for the Vendée Globe, one of the most daunting competitions in the world of sailing.

Pfizer's Belgian site will produce the Covid-19 vaccine

12 November 2020

The Puurs site, in the province of Antwerp, is one of the two sites of the pharmaceutical group Pfizer selected to produce the vaccine against Covid-19 which is currently under development, and which

Growing pears under solar panels

09 November 2020

Can a solar installation achieve a symbiosis between pear growing and the production of clean, sustainable energy?

Belgium large exporter of chrysanthemums

28 October 2020

We still associate the plant with the commemoration of our deceased around All Saints' Day. But the chrysanthemum, a little-known Belgian export product, is more than a cemetery flower.

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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