Business

Belgians increasingly attracted by Dubai

15 February 2017

In recent years, the number of Belgians in Dubai has risen. They mainly go there to open their businesses in view of the dynamism of the city's economy, which offers a wealth of opportunities.

The Antwerp port terminal: good for 2 billion glasses of beer

02 February 2017

Leuven brews it, Antwerp stores it.

Belgium gets it very own ‘Insect Valley’

01 February 2017

‘Insect Valley’ is to come to the Kempen district, near Geel.

Belgian company to make vaccines more accessible in developing countries

18 January 2017

The Belgian biotechnology company Univercells, based in Gosselies, is receiving 12 million US dollars from the Bill & Melinda Gates Foundation to develop a platform which is able to produce vaccin

Clement Hiel wins prestigious American innovation prize

16 January 2017

The Belgian engineer Clement Hiel has won the Tibbetts Award, a prestigious American prize for innovation.

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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