Business

The world’s largest lock has been opened in Antwerp

10 June 2016

Recently, King Philippe of Belgium has inaugurated the world’s largest lock in Antwerp. The Kieldrecht lock has as length of 500 metres, a width of 68 metres and a depth of 17.8 metres.

The digital era, the future of our economy

10 June 2016

A report by international consulting firm, the Boston Consulting Group (BCG), predicts that by 2020, the digital economy could create between 275,000 and 385,000 jobs in Belgium and increase our count

Belgium is a world champion in the air transport of pharmaceuticals

09 June 2016

The Belgian airports Brussels Airport and Liège Airport have both recently been awarded the highest quality label for the transport of pharmaceuticals.

Belgian participation in the construction of the world’s longest immersed tunnel

31 May 2016

The Fermen Links Contractors joint venture, including the Belgian companies DEME and CFE as project partners, has signed conditional contracts with the Danish government for building the world’s large

MIT recognises eight Belgian entrepreneurs

26 May 2016

Every year the MIT Technology Review (MIT), the media wing of the Massachusetts Institute of Technology, crowns the world's most talented entrepreneurs and innovators under the age of 35.

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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