Business

Volvo Ghent to produce a second electric model

13 January 2021

The production capacity for electric cars will increase significantly at Volvo Ghent, which will produce a second model of this type this year.

A direct rail link to China

18 December 2020

The Liège Trilogiport multimodal platform is now connected to the global rail network. A specially chartered train from China has just unloaded its goods there for the first time.

Storage company, Stow, named company of the year 2020

15 December 2020

Every year, EY, one of the world's largest financial audit and consultancy firms, in association with De Tijd and BNP Paribas, organises the "Company of the Year" election.

I-care voted "Company of the Year" 2020

10 December 2020

The Prime Minister awarded the 2020 prize for "Company of the Year", a competition organised by EY in collaboration with L'Echo and BNP Paribas Fortis, to Mons-based company I-care, whi

First vaccines exported to the United Kingdom

10 December 2020

Millions of doses of coronavirus vaccine produced in Belgium have already been given to British people.

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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