Foreign investments in Belgium plummet

7th October 2009, Comments 0 comments

Foreign companies have cut back the volume of their investments in Belgium by a third, which tumbled from 27th to 33rd place on an international ranking last year.

The ranking is compiled by the services group IBM.

Investment volumes fell as a result of the global economic downturn, with companies making cut-backs and investor confidence at an all-time low. 

Foreign companies mainly invested in the metal-processing and the chemicals sectors.

Little new investment was made in research and development. Most of the investments were made in Antwerp, with Brussels in second place.

Two-thirds of all foreign investments are made in Flanders.

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