Thursday 9th September 2010
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BASQUE COUNTRY
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Euskadi, mainly an investing country
The table below demonstrates the evolution of business investment, reflecting the commitment of companies of the Basque Country and their investment in capital goods with values superior to those of companies in all of the surrounding countries.
1998 |
2000 |
2002 |
2004 |
|
|---|---|---|---|---|
EU15 |
17.6 | 18.3 | 17.2 | 17.0 |
Euskadi |
21.1 | 23.3 | 24.0 | 24.1 * |
Spain |
19.5 | 22.8 | 22.7 | 24.4 |
Italy |
16.1 | 17.4 | 17.9 | 16.9 |
Germany |
19.5 | 19.7 | 16.6 | 16.0 |
France |
15.5 | 16.3 | 15.7 | 15.9 |
United Kingdom |
16.3 | 15.7 | 15.1 | 14.6 |
* 2003 data.
- Sources:
- EUSTAT, INE and EUROSTAT.
Direct Foreign Investment of Euskadi
In reference to the direct foreign investment, basque companies are exceptionally dynamic; in the 1st half of 2004, the Basque Country was the first community within Spain with regard to foreign investment. 57.27% of total state foreign investment is basque investment.
Direct Foreign Investment in Euskadi
The Basque Country is also an attractive region for foreign investment due to Its industrial tradition and its capability to unite its strategic location, communication network, highly specialized business structure for outsourcing and energy and technological infrastructures. Foreign investment in the Basque Country grew 135% in the 1st half of 2004 compared to the same period in 2003.
Chicago, IL 60611
Phone: 312-840-8550 - Fax: 312-840-8201
E-mail: fgonzalez@spri.es
