Saturday, March 2, 2024

Valencia Area Climbs Up International Funding Chart

The Valencian area is now in second place when it comes to gross international funding between January and September of this yr, rising above Catalonia and the Basque Nation and solely surpassed by the Neighborhood of Madrid, which is, by far, the one with the very best share of the overall it attracts, in line with knowledge from the International Funding Registry (RIE).

As has been frequent in current instances, the Neighborhood of Madrid simply leads the gathering of funds from overseas, with out International Securities Holding Entities (ETVE), within the first 9 months of the yr, with 56% of the overall and an quantity of 10,2 billion euro within the first 9 months of 2023.

Within the case of Valencia, the autonomous neighborhood has registered a determine of two,5 billion euro on this interval, which makes it rise from fourth to second place in comparison with the information from January to September 2022. It’s adopted, in third place, by Catalonia (2 billion); Basque Nation (1,5 billion); Asturias (497 million); Andalusia (438 million); Area of Murcia (380 million); Balearic Islands (174 million); Aragon (166 million); Castilla-La Mancha (112 million) and Galicia (100 million).

International funding in Spain, excluding the ETVE talked about, decreased by 23.3% within the first 9 months of 2023 in comparison with the identical interval final yr, and has reached a quantity of 18,3 billion euro, in line with this registry from the Secretariat of State of Commerce. Information that contrasts with that of the Valencian Neighborhood.

In line with the nation from which the funding got here, within the interval January-September 2023, the USA is the primary investor, with a price of two billion euro and 80% of the overall funding. They’re adopted by the UK, with 127 million euro and 5% of the overall, and Austria, with 3%. Different international locations comparable to Italy, France, Switzerland, Chile and Denmark have invested greater than 20 million euro every.


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