Valencia Sponsored by Valencian Community Investments S.A.
Why Us
The Valencia region is the leading economic motor of the southern mediterranean. More than 400 multinational companies develop their activities in Valencia, Castellón and Alicante. Valencia Port is the leading port in container traffic in Spain.
After hosting the 23nd America's Cup in 2007, Valencia is prepared for the Formula One challange, that will start in 2008 in a urban circuit.
The Valencia region is located on the eastern coast of the Iberian Peninsula (northern latitude of 40º 47' and longitude of 4º 12'- 2º 09'). To the north it borders Catalonia, to the west Aragon and Castile-La Mancha, to the south Murcia and to the east the Mediterranean Sea.
It forms part of the so-called "Mediterranean Arc". The areas on the Arc have similar characteristics and their GDP growth rates are higher than the national average.
It has a surface area of 23,255 km2, representing 4.6% of Spanish territory and 0.6% of the European Union.
Due to its elongated shape, with a north- south orientation, the area has 451 km of coastline on the Mediterranean Sea.
The population is distribuited between the three provinces wich make up the Valencia region:
Valencia (51.92%), Alicante (36.47%) and Castellón (11.61%), with a total of 541 tows.
The Gip at market prices is around 95.000 million.
Annual growth rate of 4%. (INE).
In 2006, average per capita incomee was around €21.000 (INE).
COMPETITIVE SECTORS AND ADVANTAGES
- The Ports of the Valencia Region, with Valencia’s port upfront, are a reference in transport and logistics in the Mediterranean Sea.
- The growth of GDP during the last 10 years has been greater than the national average, and two points ahead of the European average.
- Expanding Communications Network. The Valencia Region has three international airports, highways to the centre of Europe and a high speed train coming soon.
- Increased investment in Research and Development. There are 7.000 professionals engaged in the R+D field.
- Available Industrial Space.
MULTINATIONALS THAT THEY HAVE DECIDED TO INVEST IN THE VALENCIA REGION.
In excess of 150 million euros has been invested in the construction of nine industrial parks.More than 400 multinational have chosen to invest in the Valencia Region. Among them are some of the world´s leading multinationals, such as Ford, Nestlé, BP,UBE Corporation,ALCAN Packaging, Thyssen-Ros Casares, ARCELOR, Galmed,Johnson Controls, etc.
The most dominant sectors are currently logistics and transport, tourism and industries with high added value such as automotive and components, chemical, electronics, ceramics and
construction materials.
