Business

Construction of Wallonia's largest wind farm now underway

19 July 2018

On 5 July 2018, in the Walloon district of Villers-le-Bouillet along the E42 motorway between Namur and Liege, construction began of the first of a series of 13 new wind turbines that should be operat

A flourishing partnership between Morocco and Wallonia

19 July 2018

Morocco, Wallonia's leading African export partner, is becoming increasingly important for the economy of the French-speaking region.

Growth of Chinese investments in Wallonia

03 July 2018

The arrival in Liège of the Chinese e-commerce giant Alibaba and the possible arrival in Charleroi of the Chinese electric car manufacturer Thunder Power, mark the culmination of a long-term partnersh

Organic wine making a name for itself in the land of beer

02 July 2018

When we think of Belgium, we think of beer. But, however surprising it might seem, Belgium is producing more and more wine every year. Belgian organic wine has been thriving in recent times.

Launch of the first commercial flight by Air Belgium

12 June 2018

On 6 June, Air Belgium launched its first commercial flight from Charleroi to Hong Kong.

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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