Jueves, 23 de Mayo de 2013
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Internacionalización

En SPRI promovemos la dimensión internacional de la empresa vasca, como un factor esencial que define su nivel de competitividad, y como la clave que refuerza el crecimiento y su capacidad innovadora y emprendedora. Trabajamos apoyando el desarrollo de personas con perfil internacional y el desarrollo de proyectos internacionales, así como potenciando las capacidades de gestión internacional de nuestras empresas.

Invest in the Basque Country

Invest in the Basque Country: an economic hot spot

For more than a century the Basque Country or Euskadi (Autonomous Community located in the North of Spain with political powers similar to a German Land or a USA State) has been one of the most powerful and diversified industrial areas of Spain. From the industrial revolution with the profitable trade of iron ore for coal with Britain to the successful restructuring of the mining, steel and naval industry during the 80s and 90s the Basque Country has shown its economic capacity and thriving vitality which had turned the area into one of the main financial centres of the Atlantic Axis. Without forgetting its industrial past the Basque Country has experienced deep changes embracing high technology sectors and fostering the innovation of the future to offer products of high added value to its society and to the world.

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The Basque Country: good quality of life

The Basques enjoy a good quality of life, the figures speak by themselves.

The United Nations Human Development Index gives to the Basque Country the highest HDI (along with Navarra) within Spain which is per se included in the HDI top 25 out of 182 countries.

The good Basque results in the HDI report are due in part to its robust Welfare State of which we can give some brief examples: A long life expectancy of 82, 1 years, a medical ratio of 524,1 doctors per 100.000 inhabitants, more than 51% homes with internet access or an expenditure on education of 4,6% of the GDP.

This Welfare State combined with Fiscal Autonomy (economic devolved powers enshrined in the constitution) and a solid financial system (the best credit rating out of 17 autonomous communities levelled with France) enables the region to face the coming global economic challenges with favourable expectations.

Basic Data

Population (inhabitants) 2.172.175
Population density (inhabitant per km2) 300,23

Government

Has its own Parliament
Main Cities Bilbao
Donsotia-San Sebastián
Vitoria-Gasteiz
Official Languages Castellano
Euskera

Geography and Climate

Surface 7.235 km2)
Climate Coast: Atlantic Climate
Inland: Continental
Average annual temperature (ºC) 14,7ºC

Economy (2010 data)

GDP (M€) 65.419
GDP pc (€) 29.988
GDP pc UE-27=100 133
GDP industrial sector (M€) 17.429.753
Exports (M€) 15.431
Imports (M€) 133
Export tendency (Exports/GDP) 27,3%
R&D expenditure related to GDP (%) 2,08%
Number of researchers over total population (%) (EDP) 18,02%
R&D expenditure per firm (%) 81,1%

Infrastructures

Airports Bilbao
Hondarribia
Foronda
Main Ports Bilbao
Pasaia
Technology Parks Bizkaia
Miramon
Miñano
Garaia

Leaving aside the economic realm there are a great deal of advantages that stem from living in the Basque Country:

  • An Educational System that can boast free compulsory education including the cost of meals, transport and boarding for children and the development of a trilingual educative pilot system (Basque, English and Spanish)
  • A Health System which follows a universal coverage of the patient treatment costs and has 20% more organ donors than the Spanish average.
  • A thriving Cultural life with a diverse and complete entertaining offer such as the Guggenheim Museum and its permanent collection, festivals like the Film Festival of San Sebastian or the Jazz Festival in Vitoria, Opera performances organised by the ABAO (Bilbao Opera Friends) or other activities like pop concerts, theatre, or art exhibitions.
  • Basque Cuisine has gained international reputation for combining both the deeply rooted and elaborated Basque culinary tradition with the innovative art of gastronomy implemented in the new cooking schools. The Basque Country is host to restaurants with the three appreciated Michelin stars, three out of five of the awarded Spanish restaurants.
Última actualización: 23/05/2013 11:34
Alameda Urquijo, 36 - 4ª Planta Edificio Plaza Bizkaia - 48011 Bilbao
(+34) 94 403 70 00
(+34) 94 403 70 22
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