investment opportunities in Pontevedra

Transcription

1 investment opportunities in Pontevedra

2 Pontevedra detailed statistics Source: IGE GNP information. Demographic information Town/city: 959,565 inhabitants Surface Area: 4,495 Km 2 Km. of coastline: 570 Km Population density: 213 inhabitants per Km 2 Economic Data GNP: 17 thousand million euros Gross Value Added per inhabitant: 16,764 per capita GNP growth: 4.2% Rate of inflation: 0.9% Foreign Trade Imports: 6,459,870 thousand Exports: 8,319,094 thousand Employment information Active population: 470,600 Working Population: 413,900 Unemployment rate: 12.00%

3 Why invest in Pontevedra? There are many reasons why companies should choose the province of Pontevedra for their investments: it is a strategic location in the intercontinental market; its dynamism and business activities; its high human resource capacity; its infrastructures, etc.

4 Strategic geographical location Pontevedra is a natural point of entry/exit by sea into the EU, a market of more than 495 million consumers with high purchasing power. It also offers a point of direct access to the Spanish and Portuguese markets, which together total more than 56 million people with high purchasing power. Pontevedra, A Coruña and Porto, together form the big economic axis of the Atlantic Arc. This strategic location has been further strengthened by the communication infrastructures which have been created over the last few years, plus those which are now in the pipeline.

5 The dynamic centre of the Galicia-Northern Portugal Euroregion Pontevedra forms the centre of the Atlantic Euroregion, consisting of the region of Galicia and the North of Portugal. There is presently a strong social, economic and cultural relationship in this area, the objective of which is to drive transborder cooperation and promote the joint development of the regions of both countries. This Euroregion is also one of the areas included in the INTERREG transborder community cooperation programme, an EU initiative financed by FEDER, which aims to support transborder, transnational and inter-regional operations. The area has a population of 6.5 million inhabitants, and extends over some 50,853 Km 2, giving a population density of 128 inhabitants per km 2. The Galicia - North of Portugal Euroregion, has undergone a significant increased in its economic and trade relationships over the last few years: Portugal is Pontevedra s second most important client, and accounts for more than 12% of the province's foreign sales. It is also Pontevedra s second most important provider, supplying almost 15% of the province s foreign purchases.

6 Modern infrastructures Pontevedra has significant, modern infrastructures. The following are especially worthy of note: The motorway network: The province s landbased communications provide easy access to the main urban centres in both Galicia and the rest of Spain. The province's road accesses respond to the following two requirements: On the one hand, the need to provide communication links along the entire length of this side of the Iberian Peninsula. The AP-9 motorway performs this function, linking Galicia from North to South (A Coruña Tui). The motorway then joins the A-3 motorway in Portugal, which continues on to Lisbon. On the other hand, the need to communicate Galicia with the rest of the Iberian Peninsula, and as such, with the rest of Europe. This is achieved via

7 the A-52 motorway, which joins the A-6 motorway to Madrid in Benavente. There are also a series of road and dual-carriageways linking the main economic centres in the province. The Galician railway system will include the AVE (a project which is currently being executed) - a high-speed railway link which will communicate the main Galician cities with Madrid, with a maximum journey time of 2 hours and 59 minutes. The AVE link which will link Pontevedra to the rest of the Peninsula and the connection with Portugal will become a reality in the near future. Vigo has its own Free Trade Zone, the only one to currently exist in the Northwest of Spain. The province of Pontevedra has three ports of general interest: Vigo, Marín Pontevedra, and

8 motorway between Spain and France, its infrastructures need to be reorganised and extended. The Vigo Port initiative, along with other initiatives which have already been presented, such as the extension of the Areal and Transversal docks, are designed to extend the docking area for transatlantic cruisers and pleasure ships, in order to increase these types of visits. Peinador airport located on the outskirts of the city of Vigo, is a regional airport with a distinct international character. Peinador airport is just a fifteen minute car ride from the heart of the city, and offers daily flights to Madrid, Barcelona, Bilbao, Valencia, the Canary Islands, London and Paris, thus providing connections with other national and international airports. Vilagarcía. The province s ports of general interest have received a large amount of investment over the last few years. They form part of one of the main international maritime routes. Vigo port is one of the principal exporting ports in Spain, and is currently the European leader and third in the entire world in terms of fish catches. Director Plan: In order to adapt Vigo airport to future flight traffic demands a series of important initiatives have been planned: such as the extension of the terminal building and the airport s car parks. The airport will thus have the infrastructures and systems required to attend to passengers and airplanes alike, ensuring the highest level of quality and safety in its services. Plan to extend and improve Vigo port: In order to continue in its leading position with regard to other nearby ports, and to confirm its key role in Vigo metropolitan area logistics and intermodal transport, and its condition as the head of the Mar

9 Industrial estates The 30 industrial estates which currently exist in the province of Pontevedra, and which have business activity, cover a total of almost 12 million square metres. We can then add almost a further 6.7 million square metres for the industrial areas associated with the province s large ports. A further 10 million square metres can then be added to these totals for planned industrial land, or industrial land currently being prepared. These areas include: Estate name Municipality Developer Total area (m 2 ) PLISAN Salvaterra-As Neves Autoridad Portuaria - Zona Franca - Xestur P.E. VAL DO TEA Ponteareas Xestur P.E. DO MORRAZO Cangas Xestur PORTO DO MOLLE Nigrán Zona Franca P.E. MOS (Velgadaña) Mos Xestur P.E. VILANOVA I, II Vilanova de Arousa SEA P.E. LALÍN I, II Lalín Xestur POLÍGONO A ESTRADA A Estrada Xestur POLÍGONO POIO Poio Xestur P.E. A GUARDA O ROSAL A Guarda - O Rosal SEA

10 Businesses research, development and innovation Pontevedra has made a commitment to the future via the research, development and innovation of its companies. To do this, it has a series of technological centres which support the technical sector, in order to improve its processes and products, and to ensure levels of quality and excellence which allow companies to successfully compete in the most demanding markets in the world. The most important of these are: CTAG - Galician Automotive Technological Centre CETMAR - Maritime Technology Centre CECOPESCA - National Technical Centre for the Preserving of Fisheries Products CSIC - Vigo Marine Research Institute CACTI - Scientific and Technological Support Centre for Research In addition, from 2008 to 2010, the following technological modules will begin to operate in the Vigo Technological Complex (CITEXVI). The complex will also include a module for private research companies: MTI - Engineering Research Industrial Technological Module MBA -Animal Biomedical Module CIB - Biomedical Research Centre Gradiant - Galician Telecommunications Technology Centre EnergyLab - Energetic Sustainability and Efficiency Technological Centre AIMEN - Northwest Association for Metallurgic Research CEMAT - Material Testing and Technical Assistance Centre MBG - Galician Biological Mission ECIMAT - Toralla Marine Science Station

11 Economic and business panorama A basic characteristic of the province of Pontevedra is the existence of a long-lasting entrepreneurial business tradition. More than 34% of all Galician companies are concentrated in the province of Pontevedra. In addition, since the year 2000, the number of companies in Pontevedra has grown at a yearly average rate of more than two thousand companies. Pontevedra s business structure Industry _21% Construction_20% Services_59%

12 Main strategic sectors The automotive sector occupies one of the top positions in the export rankings. Important investment in Research and Industrial Design, the incorporation of cutting-edge technology in the production process, and highly-qualified, technical/professional labour have made this sector one of the most dynamic in Galicia. Metallurgic sector: The activities of the metallurgic sector represent 23% of Galicia s industrial GNP. In Pontevedra the sector consists of more than 1200 companies which together employ more than 31,000 individuals. The shipbuilding sector is a world leader. Our seagoing tradition has always been supported by the shipbuilding industry. The province s shipyards are prepared for the building of all types of vessels: fishing boats; leisure boats; offshore platforms, etc. The fishing sector, with a highly-modern fishing fleet, is the fundamental basis for catches in all the world s seas and supplies the Galician canning industry, which is highly internationalised both in terms of catches and the different countries where the products are prepared. Seafood products and aquaculture, driven by excellent fishery research centres, provide an important additional economic base for this sector. Granite and natural stone: The extraction and transformation of granite is an important source of revenue for the economy of Pontevedra. The sector is highly prepared in terms of technology and marketing. Textile and tailoring sector: The textile and tailoring sector is at the forefront of Spanish innovation and is a clear point of reference in international markets. Textile and fashion are strategically combined via advanced production technologies and important distribution networks which can immediately respond to market demands and requirements.

13 Foreign trade and foreign investment Since the year 2000, exports in the province of Pontevedra have increased by some 50%. 164 companies in the province are regular exporters. Pontevedra is the fourth major exporting province in Spain, after Barcelona, Madrid and Valencia. Direct investment in Pontevedra: both in Spain as a whole and in the Galician autonomous community itself, Pontevedra is one of the most dynamic areas in terms of incentives and foreign investment Exports 2008 Imports Brazil_1% Other Countries_16% USA_1% UK_1% Netherlands_2% Turkey_2% Germany_2% Morocco_3% Italy_4% Portugal_12% France_56% Other Countries_27% France_33% Belgium_2% USA_2% Argentina_3% Italy_3% Sweden_3% Portugal_15% China_3% Germany_5% UK_4% The main foreign capital companies in Pontevedra PSA - Citröen France Car industry / Denso Japan Car industry / Bosch Germany Call Centre / Lonza Group Switzerland Biotechnlogical - Chemical sector / G. I. Granitos Ibéricos Germany Granite sector / Crown Embalajes España USA Metallurgic sector / Plasto Adhesivos Iberia USA Car industry / Forbo Adhesivos Iberia France Adhesives sector / Coaxis España France Car industry / Impress Metal Packaging Ibérica The Netherlands Car industry / Icebox Plástico Iceland Plastic box manufacture / Mivisa Envases Luxembourg Metallic container manufacturer / Tableros de Fibra Norwayl Wood sector / GKN Driveline Vigo Portugal Car industry Pontevedra companies abroad Pescanova Food - Fishing Industry / Rodman Polyships Manufacture of leisure boats / Calvo Alimentación Canning sector / Grupo San José Construction sector / Viza Automoción Car industry / Grupo Copo Car industry- Textile- Furniture-Chemical sectors / Grupo Cimpor Cement sector

14 Exhibition sites Vigo Tradeshow Institute (IFEVI): Covering an area of 75,000 m 2 ; more than one hundred events are held here each year. On average around one million visitors attend these events each year, thus representing one of the best means of guaranteed success for professionals willing to grow and face new challenges. FEXDEGA Vilagarcía Tradeshow site: In 2001, the exhibition site foundation inaugurated a 40,000 m 2 exhibition site, with a pavilion with a pioneering design in Spain. The building provides a 11,000 m 2 covered area, is built on a spatial structure, without columns, and is ideal for the holding of trade fairs and top-level sporting events, concerts, congresses, etc. The A Estrada Exhibition and Congress Foundation is a non-profit making organisation which was founded towards the end of 1992, in order to promote the wood and furniture sector, upon which the socio-economic development of the district of Deza depends. Galician International Exhibition Site (Silleda): Inaugurated in 1996, it is an international tradeshow site. It is located in Silleda, which has a direct area of influence of some 10 million people in the northwest of the Iberian Peninsula. The Galician International Exhibition Site acts as an effective bridge for trade between Europe and America, and is a centre used for congresses, training activities and activities associated with rural and regional development. It covers a total area of 428,000 m 2, with some 55,000 m 2 used for the exhibition sites, and a central building covering some 7,050 m 2. Pontevedra Exhibition Site: Inaugurated in December 1998, the exhibition site covers some 7,500 square metres. These are totally covered and prepared for the holding of all types of trade fairs and shows. It also has a certification area for congresses in its access hall.

15 Highly qualified human resources At present, Pontevedra is a competitive region in terms of the qualifications of its human resources. One of the mainstays of the development of the province s economy has been Vigo University, not just because of its contributions in improving the businesses in the area (research and development into new technologies, technical support, etc.), but also due to its ongoing activities in the training of highly-qualified professionals, adapted to the region s productive environment. 67 Vocational Training centres also provide fundamental support for the training of qualified workers in the most important sectors in the province: the car industry; the granite sector; the metallurgic sector; the fisheries sector, etc. The degree courses offered by Vigo University in the province are distributed over two campuses, located in the cities of Pontevedra and Vigo. Vigo University offers 25 degree courses and 65 postgraduate courses to more than 20,000 students in the 3 advanced training schools, 8 university schools, and 9 faculties in the province. The province also contains the Caixanova Business School, the Galician leader in the training of businesspersons and managers.

16 A province with an excellent quality of life The province has numerous attractions of great value: leisure; tourism; gastronomy; low crime rates; efficient health services, etc. The climate is mild throughout the entire year (mild winters and temperate summers) with an average annual temperature of fifteen degrees and an average thermal variation of around ten degrees between the hottest and coldest months. Pontevedra s geography is rich and diverse, with the sea, coast, and inland valleys and mountains offering excellent recreational possibilities throughout the whole year: 292 beaches dotted along some 398 km of coastline, 49 of which having been declared blue flag beaches 22 marinas, 3 of which bear the blue flag certificate for the quality of their water 5 golf courses 17 spas 3 national parks, 1 beach-lagoon complex, 2 natural monuments, and 10 protected natural area Extensive rural tourism accommodation. A large number of socio-cultural activities. Low crime rate: Galicia is one of the regions in Spain with the lowest levels of crime, more than twenty percent less than the national average.

17 Energy resource surplus Pontevedra has abundant primary resources (principally water, wind, sun and biomass) for the generation of energy. As such it is a region which can export energy to other regions in Spain. Strong financial system Pontevedra has a competitive financial system which is completely integrated into the international financial markets. Total number of bank branches: 819 One financial entity has its headquarters in Vigo and is present throughout Europe and America.

18 Investment incentives IGAPE, via its highly-qualified technical staff, offers an exclusive, integral support service for investors, in order to ensure that an excellent working environment is found for the correct management and development of projects. In order to facilitate user access to its services and support, it has offices in each of the seven main Galician cities and a foreign network of Business Promotion Centres which act as a communications bridge, offering support for international business projects which arise in their respective areas or which will be implemented in Galicia itself. IGAPE accompanies investment initiative developers by means of support services for the establishing of new projects (on the initial entry of the company into the region), providing them with: Information and advice concerning the procedures to follow to implement the project IGAPE has its own network of Business Promotion Centres (CPN) in Germany, China, the US, Japan and Poland which act as a point of communication, offering support for international business projects which arise in their respective areas or which will be implemented in Galicia. SOGARPO: Reciprocal Guarantee Company which operates in the province of Pontevedra and which actively participates in any investment project, analysing the project, studying its feasibility, providing new financial solutions, and above all, choosing the best financing alternative with the maximum official aid, in terms of subsidies and interest rates. IN.CI.TE Plan: The Galician Regional Government s R+D+I General Directorate established this plan in order to drive economic and social growth in Galicia by the improvement of the region s scientific-technological capacity, facilitating companies participation in the innovation process. Studies required to support the project s implementation Administration of the search for ideal sites The paperwork required by public authorities for the permits and licences required to begin operations. Support for the establishment of agreements with other companies related to their activities

19 CEP: Business organisational system Pontevedra has a business organisational system which acts as a system designed to defend business interests and free business initiatives, via voluntary affiliation, representativeness, and independence: VALID REPRESENTATIVES: The Pontevedra Businessperson Confederation (CEP) provides services to companies and encourages economic and social development in its area of action, extending its representation to the SME internationalisation process, the promotion of business culture and initiatives, and driving infrastructures and labour relations. INSTITUTIONAL REPRESENTATION: CEP is represented by: 115 associations in the different sectors of Spain It represents more than 22,000 companies COMMUNICATION: CEP is present in all of the media, transmitting the position of businesspersons with respect to public opinion, and defending the diverse interests of the different business sectors and activities, whilst always focusing on provincial economic development. This is achieved via its own publications and the media at large. SERVICES PROVIDED BY CEP: Training and Employmen Quality, Environment and Labour Risk Prevention Foreign Trade and Internationalisation New technologies Legal services and Labour Relationships Economic services European projects Linguistic standardisation Communications and Institutional Relations It actively participates in 52 External Commissions, both those of other Business Organisations, and Central, Regional and Local Administration

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