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The Government of Aragon presents its new Investment Promotion Dossier to attract investment to the region          

The Vice-President of the Executive, Mar Vaquero, stated that the Investment Promotion Brochures are designed to make sure Aragon “continues to receive investment, conveying the reasons that make our region an ideal territory to achieve success, and bringing together in a single document the strengths of a territory called to mark the future of Europe and the world.“

Source: Aragón hoy

The Government of Aragon has presented this Tuesday a new Investment Promotion Brochure. The document is a strategic tool that aims to show the world the strengths of the region as a preferential destination for investment, innovation and business development.

The event, held in the Crown Hall of the Pignatelli, was attended by the Vice-President of the Regional Executive, Mar Vaquero, and the Managing Director of Aragón Exterior (AREX), Javier Camo. Both stressed that the new Promotion Brochure is a ‘direct, clear and up-to-date presentation of everything that our region has to offer investors’.

This document highlights the competitive advantages of the Aragonese territory: its strategic location, its industrial strength, its innovative environment, outstanding quality of life and the commitment of its institutions to sustainable development. It also refers in detail to the key sectors for the region’s economy, as well as the policies promoted by the Government of Aragon to encourage, facilitate and speed up possible investments to be developed in any of the three provinces.

For the Vice-President of the Regional Executive, this new Promotion Brochure is ‘essential’ to present the reality of Aragon. ‘Our region is receiving billions of euros in investments, with great potential for the future. We want to communicate the features that make us a unique region, the available spaces and strategic sectors’ she added.

‘This promotional brochure showcases the Aragon of investment and opportunities, open to the world to continue obtaining new possibilities for the future, talented, innovative and dynamic’, she specified in her opening speech.

With this new image campaign, Mar Vaquero stressed that the ultimate aim is for Aragon ‘to continue to receive investment, to convey the reasons that make our community an ideal territory for success and to bring together in a single document the strengths of a place called to mark the European and global future in sectors such as logistics, agri-food, technology, bio-health, aerospace and defence, among others’.

During her speech, the Vice-President wished to recognise the ‘work of generations and generations of Aragonese who have carried out commendable work’ to achieve the ‘position of global relevance’ that Aragon currently holds. In this sense, she pointed out that ‘we are proud of what we are and we already have in mind to be more relevant in the future thanks to our potential’.

“Today we have not only presented the new Promotion Brochure, we have presented a Promotion Brochure that is going to be alive, that is going to be updated and adapted to the needs and requirements of potential investors. It is not a single document, but rather seven sectoral notebooks that highlight the strengths and opportunities within each of the strategic sectors for the Government of Aragon”, explained Javier Camo.

Features that define Aragon as a territory of opportunities

The new Promotion Brochure highlights the distinctive features that define Aragon as a territory of opportunities, with enormous investment possibilities and an ideal ecosystem for hosting projects of different areas, types and particularities.

Aragon enjoys a privileged geographical position in southern Europe. The main European and North African markets are located within a radius of 1,000 kilometres. Within a closer radius of 350 kilometres is 70% of Spain’s GDP, with access to key cities such as Madrid, Barcelona, Valencia and Bilbao, as well as five international airports. It is connected in just over an hour with the two main cities in our country.

89% of the energy production in the region comes from natural resources which guarantees high energy availability at low cost. The abundance of industrial land and water at competitive prices reinforces its attractiveness for large-scale industrial investments.

The Promotion Brochure delves into the strategic industries that make Aragon an industrially strong and diverse region:

  • Aragon is one of the automotive hubs in Spain and Europe. The installation of a gigafactory for electric batteries, with an investment of 4.1 billion euros, consolidates this sector, which has more than 300 auxiliary companies and 35,000 jobs.
  • The logistics sector represents 7.7% of the regional GDP, with more than 500 companies and 40,000 employees. Aragon is home to infrastructures such as PLAZA, the largest logistics park in southern Europe, and Teruel Airport, which specialises in aircraft maintenance and recycling.
  • Information and Communication Technologies represent 3.7% of the regional GDP and 8.5% of employment. With technology parks such as the Alierta Technology District of Aragon (DAT Alierta), Walqa and Technopark, our region has established itself as a European digital hub, attracting prestigious multinationals and consolidating a sector of local companies that is constantly growing.
  • Aragon is a national leader in pig production and one of the main world players in the sector. The agri-food industry represents 10% of the regional GDP and generates 18% of employment. It has 11 Protected Designations of Origin and a strong processing and export network.
  • The Community ranks third in Spain in terms of the number of companies in the health sector. Its strategic location, close to the majority of the Spanish pharmaceutical industry, reinforces its position in the bio-health sector.
  • Our territory has the largest European aeronautical maintenance centre (MRO) at Teruel Airport and has a growing cluster in the Defence sector, which now accounts for 10% of the Ministry’s suppliers.
  • Among the differentiating elements of the community, the talent of the citizens of the three provinces is also mentioned. With three universities, more than 105 vocational training centres and an active ecosystem of public-private collaboration in innovation, Aragon stands out for its capacity to generate and attract talent. The promotional brochure points out that more than 40 institutions are actively working in R&D&I, integrated in 14 business clusters that promote strategic sectors.

The region also offers a high quality of life environment: solid public services, security, access to nature, a vibrant cultural life and prestigious gastronomy. The region ranks third in the country in terms of quality of life and promotes a model of sustainable, balanced development committed to the well-being of its citizens.

And, as another of its characteristics, it includes institutional support and the legal security of the territory. The Government of Aragon reinforces its role as a trusted institutional partner, offering administrative support, tax incentives and legal tools to accelerate strategic projects. Inter-institutional collaboration, administrative agility and support for investors are part of the distinguishing features of the region.

New corporate image

The event was also an opportunity to present the new corporate image of AREX, which adapts to the new times and also represents a renewal in line with the process of promotion that the organisation, dependent on the Regional Executive, has undergone since the beginning of the legislature.

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Aerospace Sin categoría

Aerospace Cluster of Aragón celebrates anniversary highlighting the boost of the industry in the region

The Aeronautics, Space and Defence Cluster of Aragon (AERA) celebrated its 17th anniversary on 5 November at the Teruel Airport Platform (PLATA).

The anniversary was held at the facilities of Elson Space España, a pioneer in the manufacture of HAPS, and at the event, the president of the AERA Cluster and general director of the Teruel Airport (PLATA), Alejandro Ibrahim highlighted the great growth of the cluster, which has doubled its membership in 2 years and now totals almost 60 entities.

During the event Elson Space was awarded for its commitment to the development of advanced HAPS technologies, and also the company Teltronic, for its 50 years of dedication to the development of advanced communication solutions and its importance in the Aragonese business community. Special recognition was also given to Colonel Conrado Cebollero, defence delegate in Aragon, for his constant support and his dedication and promotion of the defence culture.

The anniversary also served to showcase the strengths of one of the region’s drivers of innovation and growth, which is still largely unknown. The aeronautics, space and defence sector employs 7,000 people throughout Aragon, including the auxiliary industry, with 700 of these jobs located at Teruel airport. The annual turnover is 1,500 million euros, which represents 4% of Aragon’s GDP, according to the Regional Minister of the Presidency, Economy and Justice and Vice-President of the Government of Aragon, Mar Vaquero. This growth in the weight of the aeronautical sector is mainly due to the defence and space sectors, with many projects related to artificial intelligence technology systems.

Aerospace industry in Aragon

The aeronautical, space and defence sector in Aragon has undergone a remarkable expansion in recent years, consolidating its position as a benchmark in innovation and advanced technology. With specialised centres such as the Teruel Airport Platform, the region has the largest European infrastructure for the storage, maintenance and recycling of aircraft, and is positioned as a unique space for the development of high-tech projects, including drones, HAPS (high-altitude pseudo-satellites) and aerospace testing. In addition, the synergy between companies, universities and research centres fosters a dynamic ecosystem in which areas such as artificial intelligence applied to defence, new propulsion technologies and the development of advanced composite materials stand out. All of this, together with institutional support and Aragon’s excellent logistical connectivity, strengthens its position as a key destination for investment in the aerospace and defence sector.

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Green Energy Sin categoría

3.4 billion investment in a new data center in Aragón

Jorge Azcón, President of the regional Government of Aragón, has announced a 3.4 billion investment by the company Box2Bit for the construction of a data centre in Cariñena, a town near Zaragoza well known for its Protected Designations of Origin for wine. The CAMPUS EBRO project will create more than 1,950 direct jobs, 350 of them already in the operational phase, and it is estimated that it will have an impact of 4,400 million euros on the GDP of the region. The Government Council has approved the Declaration of General Interest of Aragon (DIGA) of the initiative to speed up the deadlines, with the works scheduled to start in the last quarter of 2005 and to be completed in 2029.

Cariñena is a town of about 3,000 inhabitants, excellently communicated by the A23 motorway with both Zaragoza, 50 km, and Valencia, 265 km.

About Box2Bit

Box2bit, founded in 2021, specializes in sustainable data centres, with a goal of 100% renewable energy consumption, and it is present in more than 5 countries.

Categories
Logistics Sin categoría

More investment for the development of the rail highway between Algeciras and Zaragoza

Aragón strengthens its position as a logistics hub with an investment of 30 million euros in the Algeciras-Zaragoza rail highway

The Spanish Government has earmarked nearly 30 million euros for the adaptation of 13 tunnels located between Cordoba and the municipality of Santa Cruz de Mudela, as part of the development of the rail highway that will connect Algeciras with Zaragoza. This investment is in addition to the adaptation works already underway on the section between Madrid and Zaragoza, where a total of 78 million euros has been invested. These actions are essential to allow the passage of trains loaded with semi-trailers through the railway network, improving the efficiency of intermodal transport.

With these new investments, the rail highway project has already mobilized more than 315 million euros, approaching the total estimated budget of 468 million euros. The project aims to boost freight transport between southern Europe and the rest of the continent, promoting a sustainable alternative to road transport. It is expected that, once the works are completed, up to six trains per day will be able to run between Algeciras and Zaragoza, also connecting with other ports and strategic regions of the peninsula.

Aragon, a benchmark in logistics and intermodal transport

Aragon has established itself as a key logistics hub in Spain, thanks to its strategic location and robust infrastructure. The region has important logistics platforms, such as the Zaragoza Logistics Platform (PLAZA), which is the largest in Europe and a hub for the distribution of goods by land, air and rail. The connection with the port of Algeciras through the new rail highway strengthens its capacity to attract investment and boost the regional economy.

In addition, the promotion of intermodality facilitates the integration of the different modes of transport, reducing costs and improving the sustainability of trade. Investments in rail infrastructure contribute to reducing dependence on road transport, in line with the objectives of sustainability and reduction of the carbon footprint. All this reinforces the attractiveness of Aragon for companies seeking a strategic base for the distribution of goods at national and European level.

Categories
Aragon Technology Hub Sin categoría

New 15.7 billion euro investment by Amazon Web Services to expand its data centres in Aragon

The Amazon Web Services project will support the creation of 6,800 full-time jobs annually in Aragon between 2024 and 2033. 
The President of the Government of Aragon, Jorge Azcón, announced this Wednesday the investment of 15.7 billion euros that Amazon Web Services (AWS) is going to make through its Cloud Region, located in Aragon, between 2024 and 2033, to expand its availability areas in the region, the largest economic investment by a company in the history of the autonomous region and the largest technological investment in Spain and southern Europe to date.  

In the words of the head of the regional government, ‘this new investment by AWS positions Aragon not only as a technological power in Spain, but also as a technological hub of the first order on a continental and global level’. 

Over the next decade, this project will support the creation of 17,500 full-time jobs per year in Spain, of which 6,800 will remain in Aragon. Of course, these new jobs will have an impact on the technology sector, but also on other economic areas of the autonomous community, which will benefit from the tractor effect of this initiative.  

The impact of this investment on Aragon’s Gross Domestic Product (GDP) will be colossal, around 12,900 million euros (of the 21,600 million euros expected to have an impact on Spain’s GDP), according to initial estimates. This figure is equivalent to more than 30% of Aragon’s current GDP which, at the end of 2022, the latest figure available, totalled 41,763 million euros. 

Also speaking at the announcement event was Suzana Curic, Managing Director of AWS in Spain and Portugal, who said: ‘Aragon was always our winning horse when we were considering where to locate our Region and our data centres. The availability of land, access to sustainable energy sources, a solid and consolidated business network, local talent and the huge growth potential were the main reasons why we had to be here. A year and a half after the opening of our centres, and with this new investment we are announcing today, we at AWS reinforce our commitment to Aragon and its people, as well as to Spain’. 

After announcing the investment, Azcón thanked Amazon Web Services for its decision to ‘choose our region to develop this historic project’. ‘Thank you for driving the transformation of our economy towards a more technological and sustainable model with such a promising future,’ he added. 

The president also congratulated the company ‘for having chosen the best possible place’. ‘Aragon has the talent, the natural resources, an international vocation and the privileged position to lead the changes that are going to shape our society’, he added. 

‘The Government of Aragon applauds your commitment and we will redouble our efforts to lead the European technology sector. We are going to do this through education, by multiplying the number of university places and vocational training degrees that are most in demand by companies. And, of course, as we announced last week, we are going to promote business activity related to technology through a large technology park of more than 40 hectares in Zaragoza that will come into being soon”, he added. 

AWS also highlighted its commitment to the training of talent and the
creation of technological jobs, recalling some of the different initiatives underway in Aragon, such as its Think Big Space programme to train students from local schools, or the different educational programmes available at a national level to help all kinds of audiences, from unemployed people looking to retrain, to more technical profiles who want to specialise, including programmes focused on STEAM (Science, Technology, Engineering, Art and Mathematics) initiatives to inspire young people to pursue technical studies in the future. 

The immense technological potential of Aragon 

President Azcón wanted to highlight that this new investment by Amazon Web Services responds to ‘the incredible potential of our land’. ‘Our geographical position allows us to be one of the main logistic hubs at national and European level and we have exceptional natural resources, which allow us to lead the generation of renewable energies’, he said. 

Furthermore, Aragon ‘enjoys a consolidated social peace, the same peace that has helped us decade after decade to grow within the competitive industrial market, because in Aragon we are all on the same side, on the side of dialogue and progress, of growth’. 

Source: Aragonhoy

Categories
Automotive Sin categoría

Magna will invest 15 million euros and create 50 new jobs backed by aid for R&D from the Government of Aragon

Magna Automotive expands its production in Aragon boosting their line of electric vehicles
Aragon consolidates its commitment to R&D subsidizing 28 new business projects that promoted an investment of 60 million euros

Magna Automotive will invest 15 million euros in its Pedrola plant over the next two years, which will be allocated mainly to new production lines for components for electric vehicles and the improvement of current processes, supported by aid for R&D in mobility of the Department of Economy, Planning and Employment of the Government of Aragon. With these projects under development and other products in the launch phase, the company expects to generate 50 new jobs.

Magna Automotive has been awarded a total of nearly 1.2 million euros through the two calls for R&D grants aimed at the automotive sector launched to date by the Department of Economy. The last of them, published last year, has made it possible to support one of Magna’s experimental development projects and ten other business proposals linked to sustainable mobility, in addition to four business initiatives in the pharmaceutical sector and 13 in the circular economy. These 28 subsidized business R&D projects in 2021 have made it possible to promote an investment of 60 million euros in Aragon.

In 2019, the Department of Economy had convened for the first time this type of R&D aid aimed exclusively at the development of the electric vehicle, subsidizing another nine different projects that have generated an investment of 53.9 million euros in Aragon. In that first call, Magna received a grant to create a hot stamping battery tray for electric vehicles.

The company has thanked the Government of Aragon for its support in their current and future plans which reinforces the commitment to the territory, people and industry as an economic engine for development.

Producing in Aragon since 2016

The Magna group is one of the main suppliers in the automotive sector, being a leading company in the use of technology and offering advanced solutions to facilitate mobility. Globally, the company has more than 161,000 employees and an organizational structure designed to innovate and adapt with agility. Magna’s 60 years of experience are supported by a unique systems approach for design, engineering and manufacturing that encompasses most vehicle components. Their global network includes 340 manufacturing operations and 89 sales, engineering and product development centers in 28 countries. The company is committed to a business model based on long-term sustainability and integrates Corporate Social responsibility policies into its processes.

After managing its implementation in our Autonomous Community with the support of Aragón Exterior / Invest in Aragon, this Magna division has been operating in Pedrola since 2016. At this time, the plant is focused on the manufacture of components for vehicle bodywork with a high level of automation and has a workforce of more than 300 people. The company expects to reach a turnover of close to 75 million euros in 2022 due to the specialization in hot stamping processes, laser cutting and assembly of parts through resistance welding and MIG/MAG. Components are served to the main automobile manufacturers, not only in Spain but also in several European countries.

As a complement to its productive work and to give greater impetus to its innovation and development activities, the company has been working for several years with the University of Zaragoza and has its own Collaboration Chair. The commitment to local talent and internal development has allowed the company to consolidate a high-level production and technical team through specific qualification programs.

Source: Aragonhoy
Categories
Logistics Sin categoría

Monzón Intermodal Terminal (TIM) handled 8% more containers in 2020

10 years after its inauguration, the Monzón Intermodal Terminal (TIM), which belongs to aragonese SAMCA group with a participation of Logirail, keeps growing steadily despite the pandemic. In 2020, TIM handled 67.705 containers, an 8.3% increase compared with 2019. 55% of handled containers were for export, many of them being reefers to transport fresh products like pork meat. The terminal’s new agrifood bulk division handled 34.730 tons of cereal in its first full year of service. 1,096 trains were dispatched in the terminal in 2020, with substantial environmental benefits as this number equals 20.000 truck loads or 3,750 tons of CO2. See full article in Spanish
Categories
Sin categoría

Study shows Aragón’s potential as a logistics hub for pharmaceutics

The current Covid crisis has revealed the criticality of location for the global pharmaceutical industry. Aragon reveals to be an attractive option for pharma distribution thanks to its connectivity, competitive costs and other factors.

Spain is the world´s 10th Scientific power and Europe´s 5th. Its integrated Healthcare System consists of a network of 800 health centers, both public and private.

Aragón is at the heart of the country’s pharma industry: 89% of Spain´s Pharma & Biotech Industry is concentrated within 300 km of the region.

Zaragoza Logistics Center (MIT Global Scale Network) has created an ‘Aragon Pharmaceutical Cluster Map’. This reveals the region to have a strong offer across the board, from levels of government and regulatory support, through university and research centre activity, to relevant ‘clusters’ of companies in the chemical, biotech, packaging and other sectors.

The region scores expecially high in the six key indicators for distribution location decisions, benchmarking against other regions in Europe with a strong presence of pharma companies like Liege in Belgium and Basel in Switzerland.

 

  • Infrastructure
    The Zaragoza Logistics Platform (PLAZA), at over 13 M square metres, is the largest in Southern Europe and ranked fifth (out of ninety) in a recent study. Land purchase prices are just one fifth of those in Basel, and prices in Liege are more competitive, supply is quite limited. (Aragon has high occupation rates, but further land close to existing logistics parks is readily available). Rental costs are below those of Belgium, and significantly below Switzerland.
  • Workforce
    With an unemployment rate high by European standards (although below that of Spain as a whole), workforce availability is good, while employment costs for both higher and lower grades also reflect a lower cost of living – for higher grade positions, salaries are two to three times lower than in Switzerland. On the other side of the coin, the region is a recognised centre for higher level logistics education and study through the doctorate, masters, graduate and executive education programmes of ZLC, University of Zaragoza and others, as well as research collaboration between pharmaceutical companies and the Instituto de Investigacion Sanitaria, and with ZLC on hospital logistics.
  • Technology and regulation
    Digital technologies are a core of Aragon’s strategic agenda, through the regional government, the transport industry’s federation, and with the universities and other research institutes and companies. Regulatory authorities are supportive, and among the many international freight and distribution companies with a substantial presence in Aragon are several that already hold appropriate training and certification for pharmaceutical activity.
  • Transport and logistics capabilities
    Aragon has well developed and modally balanced transport links with the rest of Iberia and, through France, to North West Europe and beyond.
    Zaragoza Airport is a significant hub, hosting some 15 air freight lines. Most of these offer a pharma solution, and the airport has extensive cold chain warehousing and infrastructure.
  • Transport and logistics costs, ease of global shipment
    Air freight rates in and out of Zaragoza are competitive with those to Belgium and Switzerland, and inland transport can be significantly cheaper, whether by road, rail, or bi-modal. For ‘air freight plus last mile’ from New York, Zaragoza’s advantage over other European locations is pronounced.
    Customs and related procedures are efficient.
  • Taxes
    Fees for Customs documentation are generally below those of the comparator locations, and VAT deferral is possible on imports.

Taking all these indicators into account, along with the existing pharmaceutical research nucleus, the existence of industry-relevant clusters of supporting suppliers and service providers, and the regional government’s commitment to technology-led development, ZLC concludes that Aragon makes a strong case as a location for a pharmaceutical company’s gateway into Europe.

Contact us for more information on Aragon’s offer for pharma investments.