Free Trade Agreement between China and Iceland help to boost investment.
Iceland is an advanced economy, located strategically between Europe and North America, part of the common European Market, enjoying a free trade agreement with Canada and most favoured nation status in the US market. Bearing this in mind the new extensive free trade agreement with China offers investors multiple opportunities.
With more and more opportunities available, the resource-rich Arctic territory of Greenland is once again attracting attention among the international investment community. It’s almost 50 years since the United States tried to buy Greenland for €100 million – an offer the Danish purportedly ignored – but Greenland is once again in the sights of major international players. And when you consider all it has to offer, this is not surprising.
For many years, there has been broad political agreement in Greenland that efforts should be made to develop the country’s mineral sector into a principal industry contributing positively to economic development and to the creation of new jobs. This goal is an essential element of the plan for long-term economic development, a plan that includes the development of business sectors as an alternative to the fisheries sector.
Emden is the third largest Germany North Sea port. It is a modern and highly productive universal facility that has evolved into one of Europe’s most significant roll-on/roll-off ports for new cars, and it plays a vital role in the emerging market for green energy, particularly wind energy. Components for both onshore and offshore facilities are manufactured, assembled and shipped in and out of Emden. The port serves as a base for the pre-assembly, transport and maintenance of the facilities and equipment of multiple wind farms. Here, we interview, Lord Mayor of the City of Emden Mr. Bernd Bornemann, who explains the port’s significance.
Being experts in handling the oil, gas and wind activities in the North Sea, Esbjerg companies have for many years contributed to its position as the offshore capital of Denmark and the newly achieved membership of World Energy Cities Partnership marks Esbjerg as one of the leading offshore cities in the world.
Slovenia’s attractions for foreign investors include its position at the intersection of traditional trade routes, its well-developed physical and ITC infrastructure, and its value chains, supplier networks and clusters. And what matters most when a country is on track to excellence is its ability to evolve. The global economic crisis did not spare Slovenia, but economic growth is back on track thanks to the quality, efficiency and responsiveness of the workforce. Strong FDI flows are expected as the restructuring of Slovenia’s economy gains pace and the perception of the country on international financial markets improves.
The latest Ernst & Young Attractiveness Survey, which is widely recognised as the one of the most comprehensive data sets for foreign direct investment across Europe, recently reinforced Scotland’s position as the top region in the UK outside London for foreign direct investment.And while foreign direct investment (FDI) has proved challenging in recent years, Scotland has undoubtedly sharpened its focus on not only maintaining but continuing to build on its reputation as a world class investment location. With a highly-skilled and educated workforce, proximity to European markets, innovative R&D, sophisticated infrastructure, and easy connections to the rest of the world, it’s little wonder Scotland is increasingly viewed as the international partner of choice.
New European Economy: What’s the secret of Lower Silesia’s economic success?
Tomasz Tykierko :In a word – investors. Just look at the international corporations and companies that have settled in Lower Silesia. Among the first in 1995 was the Volvo Group, and today Volvo Poland has two factories – buses and backhoe loaders – service centres and a sales network. Lower Silesia is lucky when it comes to the automotive industry. We managed to convince Toyota Corporation to begin investing in Lower Silesia in 1999. Later, the Volkswagen Group, as well as Bridgestone and Wabco, were attracted by the benefits offered by Lower Silesia. Other companies with a presence in the region include 3M, LG, IBM, PGW, Nokia Siemens Network, Hewlett Packard, Toshiba, and Google.
