Catalonia’s FDI on the rise (FDI Intelligence)
The region and its capital Barcelona are showing strong growth, both nationally and in the context of Europe
Edna Rodriguez.- The Catalonia region of Spain experienced year-on-year growth from 2013 to 2015. During this period there 330 foreign direct investment projects were recorded, excluding retail, and $11.18bn was invested. A total of 21,494 jobs were also created.
Data from greenfield investment monitor fDi Markets shows that Barcelona was by far the strongest city in the region during the three-year time frame. It secured 192 projects and took an outstanding 58.18% share of total FDI projects in Catalonia. The second strongest city was Tarragona with eight projects, holding a 2.42% share in the region, and third was Sant Cugat del Vallès with seven projects, representing a 2.12% market share.
The top source country in terms of project numbers, was the US with 53 projects, representing a 16.06% share. Germany followed with 52 projects and 15.76%, and France with 43 and 13.03%.
In terms of project numbers software and IT services was the biggest sector, creating a total of 56 new projects between 2013 and 2015. Business services came second, creating 36 projects, and transportation third with 25 projects.
Full original article: http://www.fdiintelligence.com/Trend-Tracker/Catalonia-s-FDI-on-the-Rise