Foreign Direct Investment in Catalonia in 2010 at its highest level in 10 years

FDI in Catalonia surpassed the 3.9 billion euros mark in 2010. It represents 34% of FDI in Spain and was almost three times higher than 2009 levels. The Catalan Government is currently negotiating 189 projects that could bring in up to 6.5 billion euros to the Catalan economy.

CNA

March 29, 2011 11:35 PM

Barcelona (ACN). - Foreign Direct Investment (FDI) in Catalonia in 2010 represented 3,952 million euros. It was almost three times as high the figures seen in 2009. It is also the highest amount in the last 10 years, according to data from the Spanish Ministry of Industry, Tourism and Trade and its Register of Foreign Investment. The figures for FDI in Catalonia in 2010 represent 34% of the total FDI in Spain. In 2009, Catalonia only received 11%. In fact, 77% of FDI in Spain is concentrated in Madrid and Catalonia only. Madrid received 43% of FDI in Spain in 2010, far less than the 66% seen in 2009.


The Catalan Ministry of Business and Employment manages the programme ‘Invest in Catalonia’. It contributed in securing 34 of the projects that decided to invest in Catalonia. Currently, this government programme is managing 189 projects in Catalonia that could finally decide to invest in there. Together they represent an investment of more than 6.5 billion euros. These figures mean that 14,260 jobs will be created and secure a further 16,216.

According to the data, Catalonia received 180% more Foreign Direct Investment in 2010. The transport and logistics sector were those that concentrated the largest investment amounts. Manufacturing, finance, real estate and electric energy also received an important investment. 96% of the productive investment in Catalonia in 2010 comes from other European Union countries. This means that FDI concentrated in one area  and that the weight of EU countries has increased 14% in 2010 compared to the previous year