Andalucía is one of the most dynamic regions in Europe. The growth of the Region has been higher to that for the rest of the main european industrial countries with an average of 3.3% over the past 6 years. Its gross domestic product has grown above the european average over the past 10 years. It accounts for more than 10% of the industrial business in Spain.
Andalucía is located in the south of Spain, enjoying a strategic position not only between Africa and Europe, but also between the Atlantic Ocean and the Mediterranean Sea connecting Europe to the Americas.
With an area of 87,268km2 and a population of more than eight million, it is the second largest region in Europe. Andalucía is divided into eight provinces: Sevilla, Cádiz, Huelva, Córdoba, Málaga, Granada, Jaén and Almería. Its principal cities are Sevilla (pop 1.7m), Málaga (pop 1.3m) and Cádiz (pop 1.1m).
The region is easy to reach by any means of transport. There are five international airports and five international seaports able to handle both passenger and goods transport, which makes Andalucía capable of trading with every country in the world. A network of motorways and a high-speed train system enable swift and easy travel to the rest of Spain and Europe.
In addition to an enviable climate, with an average temperature of 170C Andalucía offers great advantages for setting up and developing new business.
Its gross domestic product has grown above the European average over the past 10 years. It is the second region in terms of national production. It benefits from excellent international access, with its five international airports, six ports and the only river port in Spain.
Andalucía is also at the forefront of the technologies. It is the home of leading multinationals such as Abengoa, Isofoton, Puleva Biotech and Grupo Tecnologica among others. On the human resources front, qualified manpower is available, with a predominance of young people at competitive costs and a low employee turnover rate.
There is a network of technological and industrial parks, chemical poles and logistics centres, which facilitate the location of activities or services, at competitive prices .Some of the most outstanding locations to set up business are: PTA (ICT), PTS (bio), Aeropolis (aeronautical sector) and PAMA (renewable energy).
Ten state universities, more than 300 non-university technical training centres and an important scientific community with a prestigious research team integrated into universities, state and private centres combine to provide a sound training, education and research foundation and produce a highly skilled workforce for investing companies.
The economic structure of Andalucía is based on the co-existence of traditional and new sectors. The most outstanding sectors at present are aeronautics (Airbus A380, A400M), renewable energies, ICT (Grupo Tecnológica), biotechnology, health sciences and environmental products.
Other sectors of great importance in the region are the agro-industry, service industries (especially those connected with tourism) and the chemicals industry.
The labour environment, ease of doing business and quality of life in the region have been praised by prestigious journals such as fDi magazine, which ranked Andalucía second in its league of recommended regions for future investment in 2004-05. Numerous European, US firms have evaluated Andalucía as the best place to set up their investment.
Some successful overseas investors in Andalucía include the following companies: Abbott, Airbus, Chromagen, EADS, Fujitsu, Genesis Solar, Goya Food, Huawei, IBM, Kraft Food, Merck & Dome, Metal Improvement, Oracle, Pfizer, Pieralisi, Raytheon Schott, Solel and Visteon.
The Andalucían Agency for Innovation and Development was created in 1987 as a public organisation, whose objectives are the economic development and the promotion of business in the region. Its key objectives are:
• to improve the competitiveness of Andalucían business;
• to organise resources and a support network for business;
• to advise and support foreign investors;
• to encourage and facilitate technological and commercial co-operation between companies; and
• to promote collaboration between companies and universities in developing and applying new technologies.
Interested parties should contact us at www.agenciaidea.es