More than 11 billion euros of foreign aid invested in Wallonia since 2000
Saturday, 20 February 2016
There were a total of 1,340 foreign investments in Wallonia between 2000 and 2015. This adds up to 11.39 billion euros invested in the Walloon economy and more than 27,700 jobs created, according to statistics from the Walloon Export and Foreign Investment Agency (Awex). These figures were released on Friday.
“1,340 investments out of 2,689 applications means one in two was successful”, says the Walloon Employment minister, Jean-Claude Marcourt. He also mentioned the “network” put in place by Awex to attract foreign visitors.
Over these 16 years, there has been an increase in foreign investments: 386 investments and 7,818 jobs created between 2000 and 2005, 441 investments and 8,909 jobs created between 2006 and 2010. Over the last five years, it went up to 460 investments and 9,278 jobs created.
2008 was the best year for employment (2,543 jobs), beating 2011 (2,393 jobs).
The chemical (1,473 billion euros), mechanical construction (1,429 billion euros) and living sciences (1,377 billion euros) sectors have attracted the most foreign investments since 2000. Mechanical construction (4,111 jobs), logistics (3,653 jobs) and living sciences (3,278 jobs) created the most jobs. This proves that competivity poles are relevant, says Awex.