Business

Air traffic control in Wallonia soon to be among the world's best

08 May 2024

The foundation stone of the advanced digital air traffic control centre for Wallonia was recently laid in Namur.

World Premiere: Helicopter Runs on Fossil-Free Fuel

02 May 2024

The environmental transition continues its momentum, even in aviation. D-Motor, based in Deerlijk, West Flanders, introduces the world's first helicopter powered entirely by fossil-free fuel.

A medical start-up setting out to conquer the American market

28 March 2024

A Belgian start-up is multiplying its partnerships across the pond, with a highly promising device that enables better monitoring of sick young children outside the hospital environment.

PMSweet, world leader in artisan macarons

21 March 2024

Michaël Labro from Tilff, in Wallonia, has emerged as the emperor of macarons in just ten years.

Walloon spin-off has developed herbicide based on essential oil

21 March 2024

Glyphosate is a chemical pesticide that harms humans and the 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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