Business

Belgian hanging culture mussels from the commercial sea farm close to Oostduinkerke

01 August 2024

In 2021, the Belgian retail group Colruyt started building the first innovative sea farm in the Belgian North Sea where a sustainable quality product is now being farmed: hanging mussels.

Belgian start-up and Howest University steer snack factory into virtual reality

27 June 2024

Mechelen-based start-up Spectr BIM and two students from Kortrijk-based Howest University of Applied Sciences are helping a snack factory create a highly realistic digital copy of the company.

Fly electric between Liege, Maastricht and Aachen this summer

27 June 2024

From 1 July to 31 August, you can take international electric flights between Liège, Maastricht and Aachen. A European first in civil aviation.

A wind farm with a Belgian twist off the shore of Brittany

13 June 2024

Elicio, a Belgian energy producer, has been chosen to build a floating windmill complex off the coast of Brittany.

Paris 2024 is keen to welcome the Pied Piper of Geel

13 June 2024

Producer Dries Verdonck of Geel-based Strygoo outsmarts rats with his SmarTraps based on smart sensors.

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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