Business

Belgium has produced a highly effective vaccine

11 March 2021

Janssen Belgium has focused on drug research and development for more than 60 years.

The Belgorail certification authority acquires its Dutch counterpart HHC/DRS

08 March 2021

2004 saw the founding of Belgorail, the Belgian institution specialised in the testing, inspection and certification of primarily rail transport systems.

Artificial intelligence for the common good

04 March 2021

The Brussels All for the Common Good project aims to create an institute to develop artificial intelligence (AI) to meet societal challenges.

Seven years of steady growth for UCB

03 March 2021

Despite the health crisis, which interrupted its ongoing clinical trials for a while, UCB, the Belgian biopharmaceutical company whose main activities are the research, development and marketing of ph

Wood and art: the perfect match

25 February 2021

The tallest wooden building in Belgium, or even in the Benelux, is in Liège. A local artist was allowed to brighten up the façade by the project developer. Successful across the board.

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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