1

Surface Area 7,234 sq Km.

Population 2,173,210

2hLONDON

2hFRANKFURT

2hMUNICH

2hMILAN

1hMADRID

2hLISBON

2hPARIS

500 KM. 1.000 KM.

Market access within a radius of 1,000 km

507,416,607 inhabs.

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2hFRANKFURT

2hMUNICH

30minMADRID

1 hLISBON

1hPARIS

30,459€GDP per capita

(119 EU28=100)MILAN

23.5%Industrial GDP(EU28=19.3%)

2h

MILAN

130Productivity per

employed person EU28=100

MILAN

1,660Internationalised

CompaniesMILAN

31.9%Exports to GDP

rationMILAN

2.03%R&D expenditure on

GDP (INE)MILAN

0.981Human Development

IndexMILAN

30,000Researchers

MILAN

3

1Competitiveness

Pole

A PLACE TO INVEST 6 REASONS

4Well

ConnectedRegion

5Business Friendly

Administration

6A Place to

LIVE

2Technology, Innovation

Future

3Talent

4

1 CompetitivenessPole

Smart specialisation in energy, advanced manufacturing and biosciences have become the Basque Country's main bid for the forthcoming decades

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• Highly Industrialized Area (23.5% GDP) with highest rates of productivity (130 - EU28=100)

• Highly specialized subcontractors: More than

4,000 companies at hand with high standards in quality

and rapid response.

• Most significant financial center in the European Atlantic axis: BBVA & 2nd Stock exchange

in Spain)

• Pioneering Cluster Policy (M. Porter – 1991)

• Internationalized Economy (31.9% exports on GDP)

COMPETITIVENESS POLE

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AUTOMOTIVE AEROSPACE RAILWAY MARITIME

36,583 Jobs

€15,004 M

12,546 Jobs

€1,755 M

14,210 Jobs

€2,150 M.

14,176 Jobs

€2,600 M

ENERGY

68,000 Jobs

€44,000 M

ELECTRONICS &ICT

10,840 Jobs

€2,840 M

MACHINERY

5,672 Jobs

€1,180 M

ECOINDUSTRIES

20,000 Jobs

€4,000 M

BIOSCIENCES

2,700 Jobs

€376 M

COMPETITIVENESS POLE

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1

ENERGYCOMPETITIVENESS POLE

CIC EnergiguneCooperative Research Centre

STRATEGIC SECTORS:

Smart grids: Global Leader

(BIDELEK – INGRID projects)

Wind power:

(WIND BOX Center)

Wave Power:

BIMEP – WAVE ENERGY CENTRE

Electric vehicle:

IBIL, charging points

Storage:

CIC Energigune R+D Center)

Concentrated solar power

Energy Eficiency

Oil&Gas

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1

AUTOMOTIVE

>>More than 45% of the production volume of

Spain's Automotive component industry is

produced in the Basque Country<<

COMPETITIVENESS POLE

AIC Automotive Intelligence Center

OEMs manufacturers:

• Mercedes Benz (Daimler) €190M invest. 90% exp.

• Irizar (bus manufacturer)

ACICAE - Automotive cluster

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1

>>The Aeronautics Advanced Manufacturing

Centre represents an international milestone

with estimated investment of €9m and

technologically<<

AERONAUTICSCOMPETITIVENESS POLE

HEGAN – Aeronautics Cluster

Representative companies:

• Aernnova – Global aerostructures company

• ITP Group, Industria de Turbo Propulsores –

(Sener - Rolls Royce): 50% of world´s big

commercial plane turbines

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1

MARITIMECOMPETITIVENESS POLE

Representative companies:

• Sener Naval, designs more efficient

and environmentally friendly ships.

• Vicinay Cadenas, world leader in

the manufacture of mooring systems

for maritime applications.

• Shipyards: La Naval, Balenciaga,

Murueta and Zamakona.

FMV – Basque Maritime ForumThe cluster association of the basque maritime sector

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1

RAILWAYSCOMPETITIVENESS POLE

CAF – Construcción Auxiliar de Ferrocarriles

• A benchmark and one of the leaders of the

international rail industry

• Production facilities in Europe and America.

• Present in 18 countries worldwide developing

transport systems in Mexico, Colombia, Finland

UK, Australia…etc.

MAFEX Spanish Railway Association

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>>The Basque Country is ranked third largest producer

in the European Union and its network of qualified

suppliers is concentrated in a radius of less than

300Km<<

ADVANCED MACHINERYCOMPETITIVENESS POLE

DANOBAT GROUP – An international benchmark

INVEMA – Foundation for Machine Tool Research

IMH – Machine Tool Training and Innovation Institute

BIEMH – Machine-Tool Biennial, one of the sector's most

important fairs in Europe.

AFM Advanced Manufacturing Technologies

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1

ELECTRONICS & ICTCOMPETITIVENESS POLE

Representative companies:

• Ibermática, ICT services company with over 40 years

experience in the sector. It currently has turnover of

around € 230 million, with a workforce of over 3,000

professionals

• Euskaltel, the telecommunications operator. It has

invested more than €1.7 billion in the deployment of a

next generation network (NGN) the largest investment by

any operator in Spain.

GAIA, Association of Industries of Electronic and

Information Technologies

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1

BIOSCIENCESCOMPETITIVENESS POLE

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• CIC bioGUNE is a benchmark centre in Cellular,

Molecular and Structural biology, the only

facility of its kind in the State and a European

leader.

• CIC biomaGUNE pioneer Research Centre in

Bionanomaterials, the Molecular Imaging Unit,

biofunctional nanomaterials and Biosurfaces

can be highlighted.

>>Basque bio-región: cooperation between the

academic world, the health system and industry,

backed by an extensive network of infrastructures

and public authorities that foster business activity<<

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1

ECOINDUSTRIESCOMPETITIVENESS POLE

Representative companies:

• Idom, Engineering, Architecture and Consultancy

integral services company.

• Cespa, waste collection, street cleaning and gardening

services.

• Befesa Medio Ambiente, integral industrial waste

management and in water management and generation

• Cadagua, development of water treatment and

desalination.

ACLIMA Cluster Association of Environmental

Industries

>>The Basque Country is a reference in

Europe in Circular Economy<<

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2TechnologyInnovationFuture

The Basque Country is the autonomous community that assigns

the highest percentage of its GDP to R&D&I 2.03 %17

BASQUE SMART SPECIALIZATION

H2020

RESEARCH DEVELOPMENT & INNOVATIONTECHNOLOGY, INNOVATION, FUTURE

SCIENCE

TECHNOLOGY &

INNOVATION PLAN

PCTI2020

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TECHNOLOGY PARKS & BUSINESS INNOVATION CENTERSTECHNOLOGY, INNOVATION, FUTURE

Technology, Innovation, Future

Business Innovation Centers (BIC): Centres for the development of new

innovative companies

>>The activities associated with the Basque Technology Parks (Alava, Bizkaia and Gipuzkoa

Technology Parks) represent 5.5% of the GDP, 5.4% of employment and 5.8% of corporate

tax revenue<<

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BASQUE NETWORK OF SCIENCE, TECHNOLOGY & INNOVATION TECHNOLOGY, INNOVATION, FUTURE

Basic and Excellence Research Centres (BERC)

Cooperative Research Centres (CIC)

Technology Platforms: TECNALIA & IK4

>>More than 3,000 researchers working for the industrial sector<<

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3 Talent

48.9% of young people have higher education studies21

UNIVERSITY OF THE BASQUE COUNTRY

• Public university with three campuses

• 20 faculties and schools

• 68 degrees, 2 double degrees, 108 masters courses, 43

titles and 65 PhD programmes

• 44,214 students

• 5,019 professors

• Responsible for 65% of the research carried out in the

Basque Country.

• International Excellence Campus: Euskampus

PRIVATE UNIVERSITIES:

* Mondragon University

* Deusto University

* University of Navarra - TECNUN

UNIVERSITIESTALENT

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>>Vocational Training in the Basque Country is

the first EU test bed for the introduction of

applied innovation learning<<

Students: 23,000

Training cycles: +140

Vocational training certificate require in 65% of jobs

Innovation Centre for Vocational Training, Tknika

Vocational Training Strategic Agenda

VOCATIONAL TRAININGTALENT

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4 A well-connectedcountry

The most comprehensive logistic Atlantic Hub in south Europe24

A WELL-CONNECTED COUNTRY

“Best European Middle Size Region in Connectivity”(fDi - European Cities and Regions of the Future - Ranking 2016-2017)

Logistics International Airports Railway connections Motorways

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5 Business Friendly Administration

Basque Country has its own tax system granting regulatory and administrative powers 26

BUSINESS FRIENDLY ADMINISTRATION

>>The Basque Country has its own

system of funding, the Economic

Agreement, which establish and regulate

financial and tax relations between the

Basque Country and Spain<<

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6 A placeto live

The Highest life quality level28

A PLACE TO LIVE

>>High levels of life quality: an education system with an extensive knowledge of

international languages and an advanced universal public health care system, making it

the best healthcare in Spain and one of the best in Europe<<

Donostia-San Sebastian: European Capital of Culture 2016

* BASQUE: an ancient language

* GASTRONOMY: 29 Michelin Stars

* MUSEUMS: from Guggenheim to Balenciaga29

Eskerrik asko

Thank you

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SPRI BASQUE BUSINESS DEVELOPMENT AGENCY:

>>YOUR GATEWAY TO INVESTING IN THE BASQUE COUNTRY<<