A growing interest in investing in Asturias despite the COVID19 pandemic

The Economic Development Institute of the Principality of Asturias has received 59 applications for aid from companies that want to invest

What can Asturias do to attract economic activity? Eva Pando, Managing Director of the Economic Development Institute of the Principality of Asturias (IDEPA), outlined the keys to our region’s strategy to remain an attractive destination for both domestic and foreign investment during a debate organised by the Asturian newspaper La Nueva España,

Pando presented some data that gives an idea that, despite the crisis associated with the coronavirus pandemic, there is interest in companies to develop projects in our region. “We have received 59 applications for aid from companies that want to invest,” she said, adding that IDEPA is also working with 22 technology-based companies that have plans for Asturias.

16 October, 2020 /

Remote work Spain Asturias safe work paradise

#SafeWorkParadise, a campaign to encourage teleworking from Asturias

Through the area Invest in Asturias, IDEPA seeks to attract talent to a region that has ideal conditions for remote work

The situation resulting from the COVID19 pandemic has brought a new scenario to the world economy. Months of confinement and almost total paralysis of economic and business activity have led to an increase in teleworking, a circumstance that is both uncertain and hopeful, also for Asturias.

Many companies and professionals were not used to working remotely. However, many other organisations have been developing this methodology for years, endeavouring to make this form of inter-company communication possible and demonstrating that it is real and productive.

13 August, 2020 / 1

Two days of your agenda to help you invest in Asturias!

Are you looking for a European territory where your company can set up and grow in a safe environment with great potential for economic development? We offer you Asturias. And we invite you to visit us to see first-hand that we are what you are looking for.

We will design a personalized agenda for you, free of charge and confidential, for two days in Asturias so that you can get to know all the tools that the Institute for Economic Development of the Principality of Asturias (IDEPA) offers you to invest in the region with total security and possibilities of success.

12 February, 2020 /

Asturias topped Spanish GDP growth in 2017

Figures published by the Spanish National Institute of Statistics (INE) position Asturias as the autonomous community with the highest GDP growth in 2017. The year-on-year advance was 3.8%, exceeding the Spanish average (3%) by 0.8 points, and the European average (2.4%) by 1.4 points. The subsequent positions were Cantabria and Aragon with a 3.4% growth rate, followed by Madrid with 3.3%.

The Asturian industrial sector, with an increase of 8.1%, was the greatest driving force behind the region’s GDP growth. Professional and scientific activities (7.1%), and construction (6.1%) were also an influencing factor on the increase in GDP in Asturias, allowing it to secure the top spot in the ranking of autonomous communities. Likewise, sectors such as IT and communications (3.4%), and trade (2.5%) revealed GDP increases throughout 2017.

The Hispalink integrated regional modelling network envisages an increase in GDP in Asturias of 2.6% in 2018.

Source: La Nueva España

9 January, 2019 /

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