Your project in the Basque Country

Why invest in the Basque Country?

The Basque Country, a competitive hub in main sectors

The Basque Country is strategically located in the middle of the European Atlantic Corridor, a transit point between the Iberian Peninsula and the rest of Europe. This places it at the centre of an influence with over 80 million inhabitants and 30-40% of the Eurozone’s GDP . 

Based on data from the Financial Times (2016), The Basque Country is considered  the best mid-sized European region in logistics for foreign investment.

  • The Basque Country has a GDP per capita of 33,896€ (2017), higher than the European Union average.
  • It holds 81st place in GDP per inhabitant, out of a total of 330 regions.
  • Foreign investment has doubled over the past six years, reaching 6.565 billion in 2012-2016. The Basque Country is self-governed in important aspects, including healthcare, education, safety, housing and the tax treasury.
  • 51.2% of employment is highly qualified and productive, the autonomous community with the highest rate in all of Spain.

Food is the land of opportunity within the RIS3 smart specialisation strategy in the Basque Country.

There is ongoing institutional support and cooperation for companies from: the Basque Government, HAZI, AZTI, Basque Culinary Center, Elika y Neiker.