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    Wallonia1010GOOD REASONSTO INVEST IN WALLONIA

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    A LAND OF GROWTH Create 5 WHERETHEHEARTOFEUROPEBEATS

    Reach 6 65%OFTHEEUROPEANMARKETINAFEWHOURS

    Grow 8 130STATEOFTHEARTBUSINESSPARKS

    MEN AND WOMEN Innovate 11 11,000RESEARCHERSSERINGINNOATION

    Manuacture 12 APROdUCTIITy20%HIGHERTHANTHEEUROPEANAERAGE

    ENHANCING YOUR COMPETITIVENESS Takeavantage 15 OFSMARTCORPORATETAXATION

    Beneft 16 FROMFINANCIALINCENTIESANdACCESSTOCAPITAL

    A TRADITION OF OPENNESS Export 19 WALLONIA,AREGIONNATURALLyOPENTOTHEWORLd

    Communicate 20 KNOWEACHOTHERTOBETTERINNOATE

    Relax 22 NATURE,CULTURE,LEISURE,FUN,ETC

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    Wallonia10tothe10thisawelcomingansuccessulregionthathastaken

    itsutureinitsownhansanisopeningitsarmstoou

    WalloniaislocateinthebackarothecapitaloEurope,attheheartoa

    giganticmarketavourabletobusinesses

    Anareaoinnovationancompetitivenesswheremenanwomenappreciate

    workaneort

    Anattractiveancompetitiveregionoeringsmarttaxationanacustomize

    fnancialassistancesstem

    Aqualitareaopentotheworl,wheretheauthoritiespromotecreativit

    aninitiative;awelcominglanocultureantraitions

    The Wallonia Export and Investment Agency now makes it easier to set up

    your business.

    Wallonia10

    WELcOmE TO WALLONIA, REGION Of BELGIum

    Brussels

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    A LAND OF GROWTH

    Withaterritoro17,000km2anover3,400,000

    inhabitants,Walloniaisoneothethreeregions

    oeeralBelgium:theFrenchspeakingregionclose to Brussels, with autonom an powers

    mainlintheollowingsectors:econom,external

    traeanemploment,butalsointheareaso

    applie scientifc research, new technologies,transport,energanregionalevelopment

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    BURGO ARDENNES BAXTER

    WalloniaisintheimmeiatevicinitoBrusselsanWesternEuropes

    major cities The area is home to the main ofces o the largest

    internationalinstitutionsantheheaquartersomanmultinationals

    Brussels with the European Commission, European Parliament, NATO,

    Eurocontrol, The Worl Customs Organisation, the SHAPE, 1,500

    international organisations, 220 representative ofces o cities an

    regions,160embassies,anmostEuropeanproessionalassociationsaneerations

    Brussels also hoststhelargest journalistcentres in theworl,over60

    oreignbanks,1,700internationalcorporations,morethan300international

    lawfrmsorconsultingbusinesses,an21internationalschools

    WithParis,Strasbourg,Lonon,Amsteram,TheHague,Luxembourg,

    Cologne, Frankurt, or even Munich an Geneva within a ew hours,

    WalloniaisirectlconnectetoallecisionmakingcentresinEurope

    CreateWHERE THE HEART Of EuROPE BEATS

    BAXTERBaxterhasbeeninWalloniaorover50earsan

    emploscloseto2,400peopleinitsprouctionac-

    tor,itsEuropeanlogisticscomplexanitsR& d

    centre

    BuRGO ARDENNESA subsiiaro Burgo Marchi Group, a Southern

    Europe leaer in coate paper, Burgo Arennes

    holsa strategicplacein Europe an isthe2n

    largestinustrialemploerintheBelgianLuxem-

    bourgProvince

    Guy LEBEAu

    Company Group Chairman,Johnson & Johnson MedicalDevices & Diagnostics,

    Europe, Middle Eastand Africa

    TheeortmaebtheWal-

    lonia region, in conjunction

    with its central location in

    Europe,thepresenceothe

    airport an transportation

    inrastructure, an the pos-

    sibilit o teaming up with

    CEALogisticsweretheke

    actorsinmakingthisinvest-

    mentecision

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    COCA-COLA COMPANY CATERPILLAR

    Reach65 % Of THE EuROPEAN mARKET IN A fEW HOuRS!

    The geographic location o Wallonia

    isbeoncompare:thevastmajorit

    o the European market is irectl

    accessiblewithinaraiuso500km!

    A market within reach thanks to an

    impressivetransportsstemantop

    qualitinrastructures

    Broa,oucancoveran areathat

    inclues20othelargestEuropean

    citiesan400millionconsumers,in

    justonea

    Beinglocate in Wallonia increases

    our efcienc an allows ou to

    eliverourprouctsinrecortimes

    A rail sste geared towardsErope and exeptionall denseNot just several High speed train lines(Thalys, ICE, Eurostar), but also cargolinks connected to the main Europeanrail centres

    Three international airportsWith Liege and Charleroi, Wallonia has twoairports handling 500,000 tons of freightand more than 4 million passengers eachyear And of course, Brussels-National Air-port is not very far, with more than 18 mil-lion passengers and over 700,000 tons of

    freight annually

    The densest road networkin the world

    Wallonia has a modern communicationnetwork to suit the needs of interna-tional companies, with close to 900 kmof free flowing motorways interconnect-ed to the European network

    cATERPILLARPrime worl manuacturer o construction an

    miningequipment,enginesanturbinesTheGos-

    seliesactor nearCharleroi is thelargesto its

    subsiiariesoutsietheUniteStates

    cOcA-cOLA cOmPANyWith Coca-Cola Enterprises an Coca-Cola Ser-

    vices,Coca-Colahas mae Belgium a huborits

    research anevelopmentCoca-Colahas a pro-

    uction site in Wallonia (Sources Chauontaine)

    antwoistributioncentres(GosseliesanSources

    Chauontaine)

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    EVS BROADCAST EQUIPMENT A STEVENS

    Bruxelles

    Lille

    Strasbourg

    Frankfurt

    Kln

    AmsterdamLondon

    Lyon

    Paris

    Dublin

    Glasgow

    Southampton

    Hamburg

    MalmCopenhagen

    BilbaoPorto

    Lisbon

    Valencia

    Barcelona

    Marseille

    Genoa

    Naples

    Anvers

    Bruxelles

    Lille

    Strasbourg

    Frankfrt

    Kln

    AmsterdamLondon

    Lyon

    Paris

    Dublin

    Glasgow

    Southampton

    Hamburg

    MalmCopenhagen

    BilbaoPorto

    Lisbon

    Valencia

    Barcelona

    Marseille

    Genoa

    Naples

    Anvers

    At the ver heart o the largest networko waterwas in EropeThe four river ports including Liege, third inland port in Eu-rope, handle 45 million tons each year Wallonia has a key po-sition in the Scheldt-Meuse-Rhine network

    21st centr logistis whereinterodal does arvelsTransport, warehousing, distribution and logistic services withhigh added value: with its six intermodal platforms spreadacross the entire region, Wallonia logistics has upgraded fromThird Party Logistics to a vital player on the European scene

    EuROGENTEcAspinoromtheUniversitoLiegehasbecome

    oneothebiggestsuppliersorgenomeanpro-

    teomicsresearch

    EVS BROADcAST EQuIPmENTAWalloniahightechcompan:80%otheworls

    marketinilingharisktelevisesstems

    Brussels

    Lille

    Frankurt

    Cologne

    Amsterdam

    London

    Paris

    Bonn

    The Hague

    Rotterdam

    Maastricht

    Antwerp

    Liege

    CharleroiNamur

    Luxembourg

    Ports

    High speed train lines /TGV

    Waterways

    Mons

    mARIANNE NERINcKX

    H&M Spokesperson inBelgium

    Wallonia constitutes the

    ieal geographicalbase or

    service to Europe It com-

    prises major roa, railwa,

    w ater wa an air inr a-

    structures an the chosen

    location operates perectl

    asanextenegatewaor

    theZeebrugge,Antwerpan

    Rotteramports

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    FERRERO EXXONMOBIL CHEMICAL FILMS EUROPE, INC

    EXXONmOBIL cHEmIcALfILmS EuROPE, INcSetup in the Belgian Luxembourg province, 500

    peoplemakeorientepolpropleneflmorwrap-

    pingooannon-ooprouctsOver95%othe

    prouctionisexporte

    fERREROOne o the worl leaers in the chocolate an

    conectionersector:Arlonisoneothecompans

    largestprouctionunitsintheworl

    Grow130 STATE Of THE ART BuSINESS PARKS

    In Wallonia, entrepreneurship is sec-

    onnatureNowonerthateverthing

    isone to welcomean help compa-

    niesevelopboeringthemthelow-

    estpropertpricesonthemarket:

    130 fully equipped Business Parks

    arenowhostingcloseto 5,000 com-

    panies an are creating more than

    150,000 jobs

    6 Science Parks,irectlconnecteto

    research centres, laboratories, uni-

    versities,businesscentresanincu-

    batorsarevitalpartnersinthetech-

    nologsectors

    More than 4,000 acres (1,700 ha)

    ull equippe an available at the

    lowestpricesinEurope

    Propert osts in Wallonia are aong the lowest in Erope

    Belgi Wallonia 38 - 42Belgium Antwerp 45 - 50France 46 - 55Source: DTZ

    Rent(Euro/m2):

    Hungary 54 - 60The Netherlands 55 - 70United Kingdom 56 - 128

    Belgium Brussels 57 - 60Italy 57 - 92Czech Republic 58 - 62

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    A STEVENS

    Paris

    Amsterdam

    Lille

    Strpy-Thieu

    Wavre

    FrankfurtBrussels

    London

    Logistics Platforms

    Universities

    Industrial and services Zones

    Science Parks

    GLAXOSmITHKLINE BIOLOGIcALSOneothemainvaccineproucersanesignero

    rugsintheworl;emplosaroun6,200people

    worlwie,incluingmorethan4,000intheWallo-

    niaBrabantprovince

    IBAThis spin o rom the Universit o Louvain-la-

    Neuveesignsanproucescclotronsproucers

    oraioisotopesorbrachtherap,protontherap

    aninustrialsterilization

    JEff VAN DOORSLAER

    Head of Semi-Industrial& Logistics Agency

    Cushman & WakeeldBelgium

    Accoring to the COMPARI-

    SON OF PRIME LOCATIONS

    FOR EUROPEAN dISTRIBU-

    TION ANd LOGISTICS 2009

    stu carrie out b Cush-

    man&Wakefel,Walloniais

    thenumber1logisticsregion

    inEurope

    Wallonias geographic loca-

    tion,neartothemajorports

    angooleveloaccessibilit

    tothe majorEuropean mar-

    ketsexplainitspositionatthe

    topotherankingLowcosts(taxes, warehouse or labour

    costs), clearl lower than

    those othe Netherlans or

    German, also constitute a

    nonnegligible asset Moreo-

    ver, Wallonia benefts rom

    highl prouctive an even

    multilinguallabour,qualife

    in emploment in thesector

    oistributionchains

    Inrastrtre and eiienWallonia Business Parks are strategi-cally located over the entire territoryand managed locally They are perfectlyequipped and benefit from a direct ac-cess to all European communicationand transport networks Almost every-

    where in Wallonia, huge areas are stillavailable at very competitive prices

    Power and opetitivenessOver a total area of close to 600 ha, theWallonia Science Parks are directlyconnected to 7 R&D centres and labora-tories, 4 incubators, 7 business centresand are linked to 9 university centresThey can host companies following sim-

    ple and rapid procedures The servicesoffered cover infrastructure, consulting,information and networking

    IBA, Sige Social de Louvainla Neuve (photo: Globalview)

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    Wallonia has evelope an extene, highl

    perorming eucational network o colleges,

    universitiesangrauateschoolsThetrainingmeets market requirements since the large

    majorit o grauates rom higheror univer-

    siteucationgetajobassoonasthefnish

    theirstuiesBusinessesbeneftromaqual-

    itworkorce:prouctivitis20%higherthantheEuropeanaverage

    MEN AND WOMEN

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    LOral KRAFT FOODS

    JEAN STPHENNE

    CEO and Chairmanof GSK Biologicals

    The our large universities

    are plaing a partin the in-

    ustrial reeploment The

    vice-chancellorsnowconsi-

    erthehaveaparttoplain

    economicevelopmentCon-

    sequentl, the universities

    areclosertomarketrequire-

    ments an current inus-

    trialevelopmentsThesee

    change positivel, an like

    theSMEs,wanttocontribute

    toitThesuccessocentresocompetitivenesswillnotbe

    abletomaterializewithouta

    closesnergbetweenallthe

    plaers

    Innovate11,000 RESEARcHERS SERVING INNOVATION

    300 pbli and privateentres o researh and ore

    than 11,000 researhers

    20 entres o exelleneserving the opetitiveness

    o opanies

    9 niversit entres opento the world and lose

    to 200 spin-os reated

    Basicresearch,applieresearch,publicorprivatelaboratories,

    highleveluniversittrainingancentresoexcellence:Wallonia

    hashugeresourcesservingbusinessperormance

    6 competitiveness centres (Aeronauticsand Space, Agro-industry, Life Sciences,

    Transport and Logistics, MechanicalEngineering and environmental tech-nologies) take part in the new growthdynamics initiated by the Governmentand position Wallonia at the heart ofthe Knowledge Communities Innova-tive projects arising from public andprivate initiatives (companies, universityresearch centres, training centres) arealso supported in order to create thetechnology of tomorrow

    Moreover, numerous companies haveformed networks in order to develop

    their business and increase their com-petitiveness 14 sectors are currentlyinvolved: autoMobility, solid waste, eco-construction, space, nutrition, clinicalresearch, ICT, transport and logistics,construction, micro-technologies, plas-tics innovation, sustainable energy, im-age, sound and text technologies andphotonics The companies extend theirinternational contacts and prove to bemore innovative

    copetitiveness entres and orporate networks

    This oensive strateg plaes Wallonia aong the ostsessl regions o Erope

    KRAfT fOODSThe secon largest oo group inthe worlhas

    asotcheeseansnacksactorinNamurana

    coeeroastingactorinLiegeOver90%opro-

    uctsmanuactureinNamuraninLiegeareor

    export

    LOREALOneotheworlleaersincosmetics:theactor

    intheBelgianLuxembourgprovinceisthecompa-

    ns largestmanuacturingunit globall Nivelles

    hostslOrealLuxurProuctsistributioncentre

    ornorthernEurope

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    MATERNE-CONFILUX LYRECO

    (* Statistics Eurostat 2003 - as a percentage of GDP)

    LyREcOTheofcesuppliesanITconsumablesistributor

    hasofcesin27countriesanismarketleaerin

    BelgiumdistributioncentreinLiege

    mATERNE-cONfILuXOneothebiggestEuropeanproucersojamsan

    preservesexportsover60%otheprouctionrom

    itsactorinNamurprovince

    ManufactureA PRODucTIVITy 20 % HIGHER THANTHE EuROPEAN AVERAGE

    Man international stuies showthat Wallonia is a region o Europe

    whereworkefciencisamajoras-

    set, whether in terms o motivation,

    prouctivit or skills Accoring to

    Europeanstatistics,Belgiumisoneo

    thecountriesthatspensthemostin

    eucation*anintraining

    Thistalentorperormanceislinkenotonltotheiversitocompaniesan

    toacultureopentotheworl,butalso

    toaneucationanproessionaltrain-

    ing sstem in which man resources

    havealwasbeeninvesteThereore,

    itisnotsurprisingthatmanWallonia

    anoreignentrepreneurssathatthe

    are highl satisfewith thequalit o

    theworkorceavailable

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    A STEVENS MLNLYCKE

    IR JPN USA BE FR NL UK IT LU NL USA BE FR NL UK IT DE ES JPN

    mLNLycKEEuropean leaer specialize in the manuacture

    an istribution o single use surgical consu-

    mablesTheWaremmesiterunsaprouctionan

    sterilization actor, a customer service section

    an a istribution centre serving clients across

    Europe

    NOmAcORcPresentin35countries,Nomacorcrepresentsover

    30%othesntheticstoppersmarketItsstopper

    manuacturing anfnishing actor is locatein

    Wallonia,inthevicinitoLiege

    JAN WILLEm DEKKER

    Executive Vice PresidentCarlson Wagonlit Travel

    BeneluxWe want to be where our

    customers are We have

    ecieto setupin the ver

    centreoWalloniainorerto

    meettheneesotheWalloon

    peopleLouvain-la-Neuvewon

    thewageroritsaccessibilit

    anoritsavourablelabour

    pool, receptive to travelling

    anlanguagesMoreover,we

    fn ourselves within a

    universitenvironmentana

    growingeconomicarea

    It is eas to have a skilledworkore in BelgiCorporate managers rank Belgium highly, almost on a parwith Japan and France

    Prodtivit in Belgi is h higherthan the Eropean average.This is explained by a motivation of workers that is amongthe highest in the world (survey- IMD World CompetitivenessYearbook 2009) It is a major advantage of the Belgian work-force

    muLTIcuLTuRAL AND muLTILINGuAL,THE WORKfORcE IN WALLONIA IS A REAL RIcHNESS

    PRODUCTIVITY TRANSLATED INTO GDP CREATED PER WORKING PERSON (2008)

    (EU27 = 100) / Source: Eurostat - (f) = forecastAVAILABILITY OF A SKILLED WORKFORCE

    Source: IMD World Competitiveness Yearbook 2009

    Wallonia has alwas benefte romman external inuences This natu-

    ralopennesstotheworlcanbeex-

    plainebseveralactors:proximito

    major European countries, presence

    o international institutions, an im-

    portant inustrial histor, an attrac-

    tiveeucationalsstemantheowoworkorce In Wallonia, multicultura-

    lismstansout:thisculturalrichness

    goes han in han with a knowlege

    ooreignlanguagesthatisprovento

    beamongthehighestintheworl(ac-

    coringtotheOECd)

    5.265.60

    4.36

    7.90

    6.496.06

    7.246.67

    5.96

    4.47100104.5

    107.6111 108.3115.5

    121.1124.8

    144.8 (f)

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    ENHANCING YOURCOMPETITIVENESS

    AmONG THE mOST ATTRAcTIVE IN EuROPERecentstepstakenbthe WalloniaGovern-

    ment aime at reucing an anti-econom-

    ic taxation to a minimum (in particular the

    suppressionotaxonpower,thetaxexemp-

    tionoinvestmentsinvolvingequipmentan

    tools)makeWalloniatheleasttaxeregion

    oEuropeanoBelgium

    Government authorities have mae Belgian

    anWalloniataxationoneothemostcom-

    petitiveocountriesintheEuroarea,bothor

    companiesanorexpatriates

    Thispoliticalwillisaccompaniebconsi-

    erable inancial assistance at all stages o

    the compan evelopment: set up, equip-

    ment, R&d, emploment, training, exports,

    etcAnentirerangeoregionalanEurope-

    anaisthatmakeWalloniaoneothemost

    attractiveregionsoEurope

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    SCA HP A STEVENS

    SAINT-GOBAINThe worl leaer in glass crats business has

    baseitsBeneluxheaofceinNamurprovince

    anhasanetworkoover50subsiiariesSaint-

    GobainSekuritBenelux,Autoverdistributionan

    Saint-GobainPerormancePlasticshaveour i-

    erentsitesinWallonia

    ScA HPEuropeanleaerinthemanuactureopaperh-

    giene proucts, packaging proucts an paper

    ornewspapers,proucesmainlinthesurroun-

    ingsoerviers,atoiletpaperuniqueinEurope

    amongstwhich90%isorexport

    Take advantageOf SmART cORPORATE TAXATION

    Expatriates: a air and avorable reglation

    A special tax regulation can apply to non-residents, foreignexecutives and scientists temporarily in Belgium

    First advantage: business expenses are tax exempt for some ac-tual additional expenses: moving costs, certain trips to the homecountry, education fees for children, tax equalization, etc

    In addition, they are only taxed on revenues from work in Bel-gium, and not on professional activities abroad, including busi-ness trips

    A opetitive noinal tax rateThe nominal corporate tax is highly competitive comparedwith the other countries of Western EuropeIn addition, simple and profitable tax arrangements can makethis nominal rate even lower For example, small and mediumsize companies with a small taxable income can benefit froma reduced rate of taxation

    Taxes are drastiall reded.A sste niqe in Erope!Another example: with the concept of notional interest deduc-tion, financing based on equity is processed in the same way asfinancing based on loan As a result, companies can deduct afictional interest each year, based on their equity This particularsystem, which is unique in Europe, brings the corporate tax rate

    back to an actual rate of approximately 26 % on average

    Advane Tax Rling: the tax athoritbeoes or partner!The tax authorities can analyze and calculate tax consequencesbased on a specific situation or transaction This is fundamen-tal in assisting businesses in their choices and in determiningthe future impact of decisions in terms of direct and indirecttaxes

    This procedure guarantees legal certainty for investors in com-pliance with international laws

    There are also particularly favourable tax regulations for differ-ent types of businesses These regulations - which make useof the cost plus or resale minus systems - apply to servicecentres (shared service centres, call centres, etc) and distribu-tion centres

    corporate tax in 2009(* average effective rate after deduction for notional interest)

    Ireland 125 %Austria 25 %Denmark 25 %Greece 25 %Portugal 25 %

    Source: KPMGs corporate and indirect tax rate survey 2009

    The Netherlands 255 %Belgi* 26 %Finland 26 %Sweden 263 %United Kingdom 28 %

    Luxembourg 2859 %Germany 2944 %Spain 30 %Italy 314 %France 3333 %

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    SIEMENS SHANKS

    BenetfROm fINANcIAL INcENTIVES AND AccESS TO cAPITAL

    Acompletesstemofnancialincen-

    tiveshasbeenimplementetomakeiteasiertosetupabusinessinWallonia

    Theseincentivesnotonlareasignif-

    cant contribution to the cost o set-

    tingupabusiness(upto20%),the

    alsolowertaxansocialcosts,pro-

    motehiringanstatraining,makeit

    easiertopaorconsulting,helpwith

    exportplansanpromotetheuseorenewable energ an environment

    initiatives

    Inaition,severalveruseulEuro-

    pean fnancial assistance programsarealsoavailable

    Moreover,accesstoventurecapitalis

    maeeasthankstoalargenumber

    o private or public uns, reail

    availabletoparticipateincreatingor

    expaning successul businesses In

    Wallonia,morethanelsewhere,busi-

    nesses have the reputation o oer-ingahighreturnoninvestmentinthe

    meiumrange

    SHANKSOne o the biggest European inepenent com-

    panies inwastemanagement,inustrialcleaning

    ansoilrehabilitationisinSeraing,inMont-Saint-

    GuibertaninHainautprovincewhereitalsopro-

    uceselectricitromgasromisposalcentres

    SIEmENSOne o the leaers in technological solutions in

    communication,energ,lighting,transport,securit

    anhealthorbusinessesanconsumersOperates

    in Wallonia mainl in evelopment, maintenance,

    installation,consultingbusinesses

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    SKECHERS SIOEN FABRICS

    DIRK cOLLIER

    Corporate secretaryof Janssen Pharmaceutica

    (J&J Group)

    Choosing La Louvire an

    Wallonia in general or set-

    ting upour new istribution

    centrewasmaeeasbits

    location at the ever heart

    o several major markets,

    anbaavourablenetwork

    o roa, railwa an airport

    transportsstemsMoreover,

    Belgian scientifc know-how

    inthepharmaceuticalsector,

    inaitiontoahighlcom-petitivetaxclimatewerealso

    ecisiveactors

    Pharaetia distribtion enter(pharaetial division o a big international opan)

    Investment of 49,000,000135 jobs created

    Government support:- Subsidies of 224 % for set up costs: 11,000,000- Employment aid for recruitment and selection

    Silion R&D center

    Investment of 36,000,000 to increase production capacity and delivery of new products

    Energy improvement and environmental efficiency of the production unit were also upgraded75 jobs created

    Government support:- Subsidies of 21% or 7,500,000

    EXAmPLES Of ASSISTANcEAND fINANcIALS INcENTIVES

    SIOEN fABRIcSAleaerincoatingoabricsorprotectiveclothing

    anormattressprotection,airbagsanlorrtar-

    paulins,thecompanhastwositesinWallonia

    SKEcHERSAUSgiantinthemanuactureanistributiono

    shoesormen,womenanchilrenBelgianis-

    tributioncentreinthevicinitoLiegeLogistics

    Van der Valk - Verviers

    Investment of 11,000,00032 jobs created in an economic development area

    Government support:

    - Subsidies of 18 % under its set up costs: 1,980,000

    - Exemption for 5 years from property tax

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    A TRADITION OF OPENNESS

    Walloniasknow-how,qualitoprouctsan

    naturalresourceshavebeenhighlsuccessul

    allovertheworloraverlongtimeanmanWallonians have become amous worlwie

    orcenturies

    Thepoliticalwilltosupporttheexportcapaci-

    tiesoWalloniabusinessesisgeneratingspec-

    tacularresultsThevolumeoexportsisrising

    eachearinallsectorsanismakingthere-

    giononethelargestexporterspercapita

    Over time, Wallonia has proven to be a wel-

    coming place or international businesses,

    whoseactivitiesoccupanimportantplaceintheeconom

    ThatiswhtheWalloniagovernmenthascreat-

    eanagencthatisauniquepartnerororeign

    companieswishingtosetupabusinessinWal-

    loniaThemaingoalothisagencistoprovie

    inormation,assistance,contactsansolutions

    suitetoprospectiveoreigninvestors

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    SONACA SOLVAY

    21

    18

    4 43 3

    13

    10

    16

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    3 33

    5

    2 2 2 223

    UK FR DE NLBE PL IT HU SE CZ

    An eonoi tradition based on tradeWallonia is a region that has always based its development ontrade with adjacent countries but also with distant countriesThe ideal geographic location and the high quality of transportfacilities have also heightened this natural predisposition ofWallonia businesses to explore foreign markets

    ExportWALLONIA, A REGION NATuRALLyOPEN TO THE WORLD

    Investents onir the attrationo WalloniaBelgium ranks 4th among the 20 most attractive European coun-tries in terms of investments, and attracts 6 % of all foreign in-vestment projects in Europe The survey carried out with inter-national corporate managers confirms the benefits of its centrallocation in Europe, its sound logistics infrastructure and its tar-

    geted financial incentives (Ernst & Young Research 2010)

    A real exporting power

    WalloniaexportingpoweralsoshowsupinthefguresForarouna

    ecae,exportshavecontinuetogrowconsierabl(closeto10%

    perearonaverage),whichiswaaheaotheEuropeanaverage

    an most o theneighbouring countries A genuinel impressive

    perormance, especiall when we know that over hal its GdP

    comesromexports,inawierangeosectorsclearlillustrating

    theiversitotheprouctionperormanceromourbusinesses

    FOREIGN INVESTMENTS IN WESTERN, CENTRAL AND EASTERN EUROPE

    Source: Ernst & Young annual barometer on Belgian attractiveness 2010

    MARKET SHARE 2007 2008 (AS A %)

    % OF SALES MADE ON EXPORT AND ON IMPORT

    Source: Awex

    % EXPORT SALES % IMPORT SALES

    SOLVAyThisBelgiancrownjewelstansoutinthefels

    ochemicals,pharmaceuticalsanplasticsanis

    presentin50countriesanemplosover30,000

    peopleItsChemicalsanPlasticssiteislocatein

    theprovinceoHainaut

    SONAcABase in the province o Hainaut, SONACA is a

    worlleaerintheesignanmanuactureolea-

    ingegesor plane boiesor Airbus, Embraer

    andassaultAviation

    BE NL DE FR USA JP

    The Wallonia Export and

    foreign Investents Agen:a passport or growth

    Thanks to its experience and missions

    for promotion, information, training and

    consulting about Wallonia, the WalloniaExport and Foreign Investment Agency

    is a genuinely efficient partner to all

    businessesOne hundred and five offices worldwide

    can assist you in analyzing, explor-ing, and developing your international

    markets Many experts in all sectorswill inform and assist you in projects

    canvassing foreign clients Financial

    assistance can also be granted for cer-tain purposes

    Breakdown o export setors (% o total)

    Chemistry 26,7 %Metallurgy 17 %Machines and equipment 11,6 %Plastics 8,9 %Agrofood 6 %

    Mineral 4,5 %Stone, cement, ceramics and glass 4,1 %Transport 3,9 %Animals 3,6 %Optics and precision 3,3 %

    Source: AWEX - evolution of Wallonia Export - 2009

    22.00 21.40

    70.0065.00

    52.0046.10

    23.00 21.2011.00 13.50 9.00 7.50

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    SWIFT SDZUCKER

    BE DK FR NL IT FI SE UK D E IR AU PL GR ES LU FR BE NL IT AL UK ES JP PLPT

    CommunicateKNOW EAcH OTHER TO BETTER INNOVATE

    SettingupanoingbusinessinWal-

    lonia cannot happen without contactswith authorities an polic makers

    Thereore,itisvitalthatthesecontacts

    be quick an efcient, an that or-

    malitiesbereucetoaminimumThe

    greatproximitoWalloniaauthorities

    (government, aministration, etc) an

    the aministrative simplifcation pro-

    motethisefcienc

    Formanears,Walloniahasentere

    a logic sstem o aministrative sim-plifcation an e-government aime

    atmakingormalitieseasier,moreef-

    cient,anlighter:suppressionocertain

    constraintsthathavebecomeunneces-

    sar,electronic hanling o proceures,

    simplifcation o ocuments, traceabil-

    itofles,smartinteractiveorms,etc

    Walloniaauthoritiesareactivelparticipat-

    ingintheeconomicgrowthotheregion

    Start ps: Eropean hapion!The efforts to promote economic development are bearingfruit It is now possible to start up a business in only 3 days,which makes Belgium (and Wallonia), the most successfulcountry in this field

    A air weather soial liateProductivity and work motivation are vital components for de-veloping a business and a region For several years, the Wal-lonia authorities and the unions have been recognizing andsupporting a particularly serene social climate enabling busi-nesses to stay competitive and successful

    NUMBER OF DAYS NEEDED TO CREATE A BUSINESS IN THE EUROPEAN

    COUNTRIES / Source: Belgian GovernmentPRODUCTIVITY - GDP PER PERSON EMPLOYED PER HOUR (US$)

    Source: IMD World Competitiveness Yearbook 2009

    SDZucKERTheGermansugargiantSzuckerispresentin

    twolargeprouctionsiteslocateinWallonia

    SWIfTBase inWallonia Brabant province, a ew kilo-

    metresromBrussels,Switsuppliessecurean

    stanarize messaging services an interace

    sotwaretoover7,800fnancialinstitutionsinmore

    than200countries

    35

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    13 1416

    18

    24 24

    2931

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    47

    54

    21.39

    37.2838.6239.0841.2641.47

    45.7448.0850.14

    59.45

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    UCB TNT EXPRESS

    RelaxNATuRE, cuLTuRE, LEISuRE, fuN, ETc

    Wallonia is not short on strong

    pointsorattractionsHarmoniouslalternating rural an urban areas,

    citiesanvillages,Walloniaisalan

    ullocharminmanaspects:hos-

    pitalit,loveoagootime,ageol

    traitions,itsarchitecturalmaster-

    piecesrecognizeasUnescoWorl

    Heritage, a legenar gastronom,

    warm-heartewelcome,relaxation,

    anmore

    But beon its evient charms that

    raw hunres o thousans o tour-istseachear,Walloniaisalsoaqualit

    areawheretheollowingareeasto

    fn: spacious accommoation, ac-

    cessible schools, an a remarkable

    healthansocial protection sstem

    Internationalstuiesproveit

    ucBABelgianbiopharmaceuticalcompan,aworllea-

    er in areassuch as central nervous sstem, the

    immunesstem,allergies,respiratorillnessesan

    oncologInparticular,UCBhassetupitsmainR&d

    anprouctioncentreinWalloniaBrabantprovince

    TNT AIRWAySWith a large groun an air transport network

    orexpressreightinEurope,TNTAirwassetup

    its Europeansorting centre in LiegeAirport an

    connectsailtomorethan200countriesworl-

    wie

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    Acting as an interface with European, federal

    and regional governments and local entities, the

    OFI will help you find a global solution to set up

    your business and will take care of your needs in

    terms of land and property (search for buildings

    and land), finance and tax (tax optimization),

    recruitment and training

    To find out more about what Wallonia has to offer to

    businesses in your sector or to get specific information

    for your company, if you have any question, wish to

    receive information or documentation, please do not

    hesitate to

    CONTACT US

    WALLONIA EXPORT & INVESTmENTOfI - Oe or foreign Investorswww.investinwallonia.bePhone:+32/81332850

    Fax:+32/81332869

    welcome@investinwalloniabe

    Chicago(USA): +13123576349

    Toko(Japan): +81335561061

    Shangha(China): +862164379489

    Withover40oicesworlwie

    Photo credits:Bruno Balsama (cover, 10) - Generis (2) - Getty (4, 14, 172,

    Dreamtime T Hajek (62), R Milert (63), Jolin (82), M Frolow(161) - TNT (64) - Thalys international (65) - Port de Lige

    (122) - Centre Spatial de Lige ULG (123) Architect:Philippe Samyn (cover) - M Boucquillon (52) - R Bastin

    t:dialectiqcom&generisbeEditeurresponsable:PhilippeSuinen,PlaceSainctelette2-1080Bruxelles