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LOCATION OF THE BASQUE COUNTRY AND EUROPEAN REGIONS                                                      1
QUALITY OF LIFESocio-demographic data                    Euskadi – Basque       EU -27                                    ...
POLITICAL STRUCTUREBASQUE COUNTRY HAS ITS OWN TAX SYSTEM. HAS THE LEGAL CAPACITY TO REGULATE TAXATION AND THE  AUTHORITY...
AREAS OF AUTHORITY            BASQUE COUNTRY            SPAIN-EUROPEAN UNION  Own tax system  Education and Culture     ...
GENERAL BUDGET DISTRIBUTION 2012            INCOME (%)                           EXPENDITURE (%)                          ...
EDUCATION AND TRAINING                 BASQUE COUNTRY                                     REGION                    %     ...
EDUCATION AND TRAINING                   UNIVERSITY OF THE BASQUE COUNTRY                   EUSKAL HERRIKO UNIBERTSITATEA ...
INFRASTRUCTURES                  Port                     Port                                          Airport           ...
INFRASTRUCTURES / LOGISTICSRAILWAYSThe “BASQUE Y” high-speed rail corridor will link the three Basque capitals and will   ...
CONFERENCE AND EXHIBITION CENTRES                        BILBAO EXHIBITION CENTRE (BEC)                       Modern, conv...
MAIN MACROECONOMIC DATA          EUSKADI – BASQUE COUNTRY                   2000         2005         2008         2010GDP...
MAIN MACROECONOMIC DATARELATIVE WEIGHT OF THE BASQUE COUNTRY          IN SPAIN (%), (2010)1. POPULATION                   ...
MAIN MACROECONOMIC DATA                                                The Basque Country occupies 23rdPer capita GDP per ...
ECONOMIC/SECTOR STRUCTURE                                    GDP DISTRIBUTION (2010)                                 B.COU...
CLUSTER POLICY > THE 11 PRIORITY CLUSTER ASSOCIATIONSLogo                                Name                            Y...
CLUSTER POLICY> THE 11 PRIORITY CLUSTER ASSOCIATIONS                                   Members      Jobs      Turnover    ...
EXPORT RATES OF THE 11 CLUSTER ASSOCIATIONS                     Exports expressed as a percentage over turnover, 2010     ...
CLUSTER POLICY > 9 SECTORAL PRECLUSTERSLogotype                                Name                                       ...
CLUSTER POLICY> 9 SECTORAL PRECLUSTERS                                      Members     Jobs       Turnover      Exports  ...
RESEARCH AND DEVELOPMENT (R&D)                       Gross domestic expenditure on R&D (% of GDP)          2,2            ...
INNOVATION INDEX           European Innovation Union Scoreboard – IUS 2010 According to the new Innovation Union Scoreboar...
TECHNOLOGICAL INFRASTRUCTURE           FOUR TECHNOLOGY PARKS.                        One of the most consolidated         ...
BASQUE SCIENCE, TECHNOLOGY AND INNOVATION NETWORK                                                                         ...
DEVELOPMENT OF FOREIGN TRADE              Millions of €                    2000             2005              2010  Export...
EXPORTS 2010: 10 main custumers countries  20  18   17,2  16                                        % over the total expor...
EXPORTS 2010 per PRODUCT (%) 20          16,2 16                             15 12                                        ...
IMPORTS 2010: 10 Main suppliers countries  18       15,8                          % over the total imports  16  14  12    ...
IMPORTS 2010 per product (%) 32       30,2 28 24 20 16 12                           9,7  8                                ...
INTERNATIONALISED BASQUE COMPANIESs     •Main locations of facilities abroad: France, Germany and USA    More than 150    ...
RELEVANT INNOVATING PROJECTS ESS – BILBAO: SPANISH HEADQUARTERS OF THE EUROPEAN SPALLATION NEUTRON SOURCE  Spanish headqua...
RELEVANT INNOVATING PROJECTS WAVE POWER: BISCAY MARINE ENERGY PLATFORM (BIMEP)  Infrastructure to research and use the pow...
RELEVANT INNOVATING PROJECTS CREATION OF THE FIRST GAS HUB IN SPAIN   In 2011, a company formed by three partners: Basque ...
TOURIST DESTINATION                       Sculpture “Peine de los vientos” Donostia-San Sebastián                       ...
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Basque country in figures

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  2. 2. LOCATION OF THE BASQUE COUNTRY AND EUROPEAN REGIONS 1
  3. 3. QUALITY OF LIFESocio-demographic data Euskadi – Basque EU -27 CountryPopulation (inhabitants) 2,172,175 499,753,500Population density (inhab/km2) 300.2 117.8Life expectancy (years) - Men 77.2 76.1Life expectancy (years) - Women 84.3 82.2Hospital beds (per 100,000 inhabitants) 375 590Internet access (% homes) 60 65Per capita GDP (EU 27= 100) 136 100Population aged between 20 and 24 with 78.0 78.5 secondary studies (%) 2
  4. 4. POLITICAL STRUCTUREBASQUE COUNTRY HAS ITS OWN TAX SYSTEM. HAS THE LEGAL CAPACITY TO REGULATE TAXATION AND THE AUTHORITY TO MANAGE AND COLLECT TAXES. PAYS THE SO-CALLED “QUOTA” TO THE SPANISH STATE FOR SERVICES PROVIDED BY THE LATTER IN THE BASQUE COUNTRY. 3
  5. 5. AREAS OF AUTHORITY BASQUE COUNTRY SPAIN-EUROPEAN UNION  Own tax system  Education and Culture  Armed Forces  Health  Foreign Relations  Industry and Commerce  Monetary System  Transport and Public Works  Ports and airports  Police  Postal Services & Communications  Housing and the Environment  Foreign trade  Agriculture and Tourism  Customs service  Labour and Social Protection  State railway system  Hydraulic resources 4
  6. 6. GENERAL BUDGET DISTRIBUTION 2012 INCOME (%) EXPENDITURE (%) HEALTH 32.6 57.9CONTRIBUTIONS FROM EDUCATION 25.3 82.0PROVINCIAL COUNCILS EMPLOYMENT AND SOCIAL AFFAIRS 8.9 HOUSING, PUBLIC WORKS AND 7.5 TRANSPORT HOME OFFICE 6.3 INDUSTRY, INNOVATION, 3.7 COMMERCE AND TOURISM 34.1 11.6 JUSTICE AND PUBLICPUBLIC DEBT 2.7 ADMINISTRATIONOTHER INSTITUTIONAL CULTURE 2.6 3.7RESOURCES ENVIRONMENT, REGIONAL PLANNING, AGRICULTURE AND 2.4OTHER RESOURCES 1.7 FISHERIESOWN TAXES 1.0 OTHER DEPARTMENTS 8.0 Total 10,449 million € 5
  7. 7. EDUCATION AND TRAINING BASQUE COUNTRY REGION % 1 Inner London 51.5 7TH EU REGION WITH THE MOST UNIVERSITY GRADUATES 2 Prov, Brabant Wallon (BE) 48.6 3 Oslo og Akershus 47.4 4 Prov, Vlaams-Brabant (BE) 44.2 HIGHER EDUCATION: STUDENTS ENROLLED 5 London 43.7 ACCORDING TO SUBJECT, 2009-2010 COURSE 6 Hovedstaden (DK) 43.6 Total Men Women 7 País Vasco 43.6Total 62,773 28,293 34,480 8 Utrecht (NL) 42.9Subjects Région de Bruxelles- 9 Capitale 42.4Social Sciences and Law 27,554 9,763 17,791Technical subjects 16,787 11,880 4,907 1 0 Stockholm 41.9Humanities 5,150 1,907 3,243Health Sciences 3,981 848 3,133 SPAIN 29.7Experimental Sciences 3,023 1,160 1,863 EU-27 24.4Others 3,292 1,511 1,781Not specified 2,986 1,224 1,762 6
  8. 8. EDUCATION AND TRAINING UNIVERSITY OF THE BASQUE COUNTRY EUSKAL HERRIKO UNIBERTSITATEA UNIVERSITY OF DEUSTO DEUSTUKO UNIBERTSITATEA UNIVERSITY OF MONDRAGÓN MONDRAGON UNIBERTSITATEA 7
  9. 9. INFRASTRUCTURES Port Port Airport Terrestrial platforms Train Roads Airport Combined Transport Station Railway Roads 8
  10. 10. INFRASTRUCTURES / LOGISTICSRAILWAYSThe “BASQUE Y” high-speed rail corridor will link the three Basque capitals and will Travelling timeconnect the Basque Country with the rest of Europe. Bilbao Madrid 2h 15’ Connections providing access to the main logistics areas located near the capitals. Bilbao París 5h 47’SEA PORTS Two large commercial ports, Bilbao and Pasajes, whichtogether handle almost 44,000,000 tonnes of goods per annum. Port of Bilbao, main multimodal centre of the Iberianpeninsula.AIRPORTS Three airports with excellent infrastructures from the transport of passengers andgoods. Bilbao Airport (Loiu), international category, the largest passenger airport in theCantabria areaVitoria Airport (Foronda), “Primary Special” category, it has the second-largestperishables terminal in Europe. 2011 Passengers 2011 Cargo (kg) Bilbao Airport 4.045.613 Vitoria Airport 34.669.141 9
  11. 11. CONFERENCE AND EXHIBITION CENTRES BILBAO EXHIBITION CENTRE (BEC) Modern, convenient and functional exhibition complex, 150,000 m2 of exhibition area distributed in 6 column-less pavilions. Exhibition organizers with more than 30 years of experience in the organization of trade fairs and shows. GENERAL DETAILS OF THE BEC Exhibition surface: 150,000 m2 Congress Centre: 18,000 m2 Offices: 6,500 m2 4,000 parking places BIEMH, Machine-Tool Biennial: with a Important net exhibition surface area of 50,000m2 international y 40.000 professional visitors. exhibitions FERROFORMA- Practical World 10
  12. 12. MAIN MACROECONOMIC DATA EUSKADI – BASQUE COUNTRY 2000 2005 2008 2010GDP at current prices (millions €) 41,647 57,289 67,924 65,419Per capita GDP at current prices (base = 2005) (€) 20,030 27,153 31,514 29,988Per capita GDP (PPC) (UE-27=100) 120 129 138 133Inflation (consumer price variation, %) 3.5 3.3 4.1 1.7Employment rate (16 to 64 year-olds, %) 57.5 65.4 67.6 65.1Exports (millions €) 11,871 14,297 20,279 17,876Import (millions €) 10,324 14,537 20,118 15,431Export tendency (Exports/ GDP) (%) 28.5 25.0 29.9 27.3Productivity per employed person (EU-27=100) 133.0 127.8 131.9 130.9 11
  13. 13. MAIN MACROECONOMIC DATARELATIVE WEIGHT OF THE BASQUE COUNTRY IN SPAIN (%), (2010)1. POPULATION 4.62. GDP at current prices (millions €) 6.13. EXPORTS 9.64. IMPORTS 6.4 9,6 10 9 8 6,1 6,4 7 4,6 6 5 4 3 2 1 0 P o pulatio n P IB Expo rts Impo rts 12
  14. 14. MAIN MACROECONOMIC DATA The Basque Country occupies 23rdPer capita GDP per country and year place of a total of 271 European(EU27=100) (PPC) regions, with a per capita GDP of 138 (UE-27 = 100) 2000 2010 Luxembourg Luxembourg Basque Country Netherlands Netherlands Denmark Ireland Austria Denmark Ireland Austria 1 Member State Sweden Sweden exceeds Basque Belgium United Kingdom Belgium per capita GDP Germany Germany Finland Finland 7 Member States United Kingdom Italy exceed Basque France France per capita GDP Italy EU-27 Spain Spain EU-27 Cyprus Cyprus Greece Greece 0 50 100 150 200 250 0 50 100 150 200 250 300 13
  15. 15. ECONOMIC/SECTOR STRUCTURE GDP DISTRIBUTION (2010) B.COUNTRY SPAIN EU-27 Gross Domestic Product at 65,419 1,051,342 12,248,001 market prices (millions €) Added value out of basic 59,036 961,592 10,954,309 prices (millions €) Agricultural sector (%) 0.8 2.6 1.7 Industry (%) 24.5 16.1 18.7 Construction (%) 7.8 11.9 6.0 Services (%) 66.9 69.3 73.5 14
  16. 16. CLUSTER POLICY > THE 11 PRIORITY CLUSTER ASSOCIATIONSLogo Name Year Website ACEDE – Basque Country Household Appliances Cluster 1992 www,acede,es Association AFM – Spanish Machine Tool Manufacturers Association 1992 www,afm,es ACICAE – Basque Country Automotive Industries and 1993 www,acicae,es Components Cluster Association GAIA – Basque Country Electronics and Information 1994 www,gaia,es Industries Cluster Association UNIPORT – Port of Bilbao Cluster Association 1994 www,uniportbilbao,es ACLIMA – Basque Country Environmental Industries Cluster 1995 www,aclima,net Association Energy Cluster Association 1996 www,clusterenergia,com HEGAN – Basque Country and Aeronautics and Space 1997 www,hegan,com Cluster Association Basque Maritime Forum – Basque Maritime Industries 1997 www,foromaritimovasco,com Cluster Association Paper Industries Cluster Association of the Basque Country 1998 www,clusterpapel,com EIKEN – Basque Country Audiovisual Cluster Association 2004 www,eikencluster,com 15
  17. 17. CLUSTER POLICY> THE 11 PRIORITY CLUSTER ASSOCIATIONS Members Jobs Turnover Exports (No. of (No. of (In millions (% over 2010 Members) workers) of euros) sales)ACEDE Household Appliances 8 4,250 1,639 74%AFM Machine Tool 93 4,860 632 77%ACICAE Automotion 150 16,758 7,095 80% Electronics andGAIA Information Industries 265 11,400 2,995 28%UNIPORT Port of Bilbao 145 5,100 1,400 -ACLIMA Environment 81 3,200 1,677 9%ENERGIA Energy 95 23,000 17,000 50%HEGAN Aeronautics and Space 37 3,738 663 62%FMV Maritim Industries 164 7,419 1,024 80%PAPEL Paper 20 1,674 614 49%EIKEN Audiovisual 39 1,585 87 2% 16
  18. 18. EXPORT RATES OF THE 11 CLUSTER ASSOCIATIONS Exports expressed as a percentage over turnover, 2010 Aeronautics 62 Automotive 80 Household appliances 74Electronics/telecommunications 28 Energy 50 Maritime Industries 80 Machine-tools 77 Environment 9 Paper 49 0 10 20 30 40 50 60 70 80 90 100 17
  19. 19. CLUSTER POLICY > 9 SECTORAL PRECLUSTERSLogotype Name Website Foundries Association of the Basque Country and Navarre www.feaf.es www.forjas.org SIFE – Die-press Forging Basque Country Habitat and Contract Cluster www.clusterhabic.com Food Cluster of the Basque Country www.clusteralimentacion.com www.basquebiocluster.com Basque Biocluster Spanish Association of Hand tool Manufacturers www.herramex.es Spanish Association of Steel Products and Installations Exporters www.siderex.es Construction Cluster of the Basque Country www.eraikune.com www.mlcluster.com Mobility and logistics 18
  20. 20. CLUSTER POLICY> 9 SECTORAL PRECLUSTERS Members Jobs Turnover Exports (No. (No. (In millions (in % on members) persons) of euros) sales)AFV Foundry 68 7,710 872 60%SIFE Die-press Forges 16 1,815 260 59%HABIC Habitat and contract 70 4,200 750 30%CLUSTER Food Industry 31 6,147 647 11%BIOSCIENCE Bioscience 25 1,036 194 17%HERRAMEX Hand tools 28 2,000 243 45%SIDEREX Steel Industry 64 12,000 7.620 26%ERAIKUNE Construction 56 6,775 1.607 2%MLC – ITS Mobility and Logistics 93 67,387 11.796 7.1% 19
  21. 21. RESEARCH AND DEVELOPMENT (R&D) Gross domestic expenditure on R&D (% of GDP) 2,2 2 1,8 1,6 1,4 1,2 Basque C. 1 EU 27 Spain 0,8 0,6 0,4 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 R&D indicators in the Basque Country, 1996-2010 1996 2000 2005 2010 Gross domestic expenditure on R&D (% of GDP) 1.16 1.43 1.44 2.08 Full time personnel over employed personnel (‰) 8.55 10.69 12.95 18.02 Full time research personnel over employed personnel (‰) 5.15 6.46 8.10 11.78 20
  22. 22. INNOVATION INDEX European Innovation Union Scoreboard – IUS 2010 According to the new Innovation Union Scoreboard – IUS 2010 – the Basque Country is at number 15 in the EU-27 ranking. The Basque Country is among the group of high innovation countries, although at the lower end. 21
  23. 23. TECHNOLOGICAL INFRASTRUCTURE FOUR TECHNOLOGY PARKS. One of the most consolidated networks in Europe, headquarters of excellence companies, Universities and Research and Technology Transfer Centres.  BIZKAIA TECHNOLOGY PARK  2 km from the airport, 15 from the report, 10 from Bilbao and 6 from the Central campus of the University of the Basque Country.  Number of companies, 217, with 7300 direct employees.  ALAVA TECHNOLOGY PARK  5 km from Vitoria-Gasteiz and the university campus and 7 from Foronda airport, and with good access to several European routes.  Number of companies, 112, with 3110 direct employees.  SAN SEBASTIÁN TECHNOLOGY PARK 5 minutes from San Sebastián city centre and 10 from the French border.  Number of companies, 74, with 3000 direct employees.  MONDRAGÓN POLO GARAIA TECHNOLOGY PARK  Led by the private initiative of Corporación Mondragón,  Fostering research and development: energy, material technologies, organisation and administration of companies, electronics, microelectronics and nanotechnology, ICTs and surface finishing machines and processes.  Number of companies, 20, with 526 direct employees. Created recentlyPolo de Innovación 22
  24. 24. BASQUE SCIENCE, TECHNOLOGY AND INNOVATION NETWORK  BERC: Basic Excellence Research Center Universities  CIC: Centre for Cooperative Research (4)  CCTT: Centros Tecnológicos BERC (6)  OPIs: Organismos Públicos de InvestigaciónGeneration of • UPV – EHU Knowlege • Mondragón CIC (7) University • BC3 • Deusto Technology Platforms - CCTT • BCAM • bioGUNE University • BCBL • biomaGUNE Tecnalia IK 4 (8) Sector centres •Navarra • MPC (4) • microGUNE TECNALIA University • CEIT Uds, Health R&D •Bizkaia • marGUNE RESEARCH & • Assoc.Technological (E.S.I.I. Of S.S.) • CIDETEC Biophysics INNOVATION ARANZADI • INGEMADevelopment • nanoGUNE Foundation • GAIKER • tourGUNE • AZTERLAN • B+I+O+E Fundaz, • DIPC • TEKNIKER • energiGUNE • F.T. • BioDonostia • IDEKO OPIs (3) Aeronautics • Fund, CITA • IKERLAN • F.T, AZTI Alzheimer • CADEM • VICOMTech • Consorcio • LORTEKApplication ESS Laboratories (5) • NEIKER • CALEB BRETT • ERAIKER • AZARO Fundazioa • INBIOMED Uds, Business R&D (47) • CETEST Risk capital • SGECR Technology Parks (4) • Alava Technology Park • Bizkaia Technology Park (3) • Seed Capital de •San Sebastián Technology Park • GARAIA Innovation Pole Bizkaia • Seed Gipuzkoa 23
  25. 25. DEVELOPMENT OF FOREIGN TRADE Millions of € 2000 2005 2010 Exports 11,871 14,297 17,546 Imports 10,324 14,537 15,257 Balance 1,547 -240 2,289 Coverage 115% 98% 115%20,000 Exports Imports15,00010,000 5,000 ,000 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
  26. 26. EXPORTS 2010: 10 main custumers countries 20 18 17,2 16 % over the total exports 13,8 14 12 10 8 6,2 6,2 6 5,5 4,7 4,1 4 2,3 2,2 2,2 2 0 Source: EUSTAT m l na ly y s . SA il ce ga .K an nd az Ita iu hi an U rtu U lg rl a Br m C Fr Be Po er he G et N
  27. 27. EXPORTS 2010 per PRODUCT (%) 20 16,2 16 15 12 8 7,8 8 7,3 7 6,2 4,7 4 0 78 Ro ad vehicles 67 Iro n and steel 33 P etro leum by- 69 M etal pro ducts 74 M achines and 79 Other transpo rt 62 Rubber 77 M achinery and (parts and pro ducts general industrial equipment manufacturers electrical accesso ries) equipment apparatus Exports per product following Uniform classification for International Trade, Revision 4 (CUCI)
  28. 28. IMPORTS 2010: 10 Main suppliers countries 18 15,8 % over the total imports 16 14 12 10,8 10,2 10 8 5,8 5,8 5,7 6 5,1 4 4 2,7 2,5 2 0 Russia Germany France China Iran Italy U.K. Holland Belgium USA 27
  29. 29. IMPORTS 2010 per product (%) 32 30,2 28 24 20 16 12 9,7 8 6,4 4,3 4 3,7 4 3,3 3,3 0 33 P etro l and 67 Iro n and steel 28 M etal o res and 74 M achinery and 77 M achinery and 69 M etal pro ducts 68 No n-ferro us 34 Natural and petro leum by- waste industrial electrical devices metals manufactured gas pro ducts equipment in general Imports per product according to Uniform Classification for International Commerce, Revision 4 (CUCI) 28
  30. 30. INTERNATIONALISED BASQUE COMPANIESs •Main locations of facilities abroad: France, Germany and USA More than 150 From 100 to 150 From 50 to 100 Less than 50 29
  31. 31. RELEVANT INNOVATING PROJECTS ESS – BILBAO: SPANISH HEADQUARTERS OF THE EUROPEAN SPALLATION NEUTRON SOURCE Spanish headquarters of the Spallation Neutron Source (ESS), large European Scientific Infrastructure underconstruction in Sweden The Basque Government and MICINN signed a contract for its construction and operation in the Scientific Park ofthe Basque Country University (Leioa, Bizkaia) Total investment of 180 million euros (financed 50-50% between MICINN and the Basque Government) CREATION OF NEW LEADING INDUSTRIAL SECTORS: BIOBASQUE Y NANOBASQUEBIOBASQUE Aims to create an industrial biosciences sector. Consolidation of the Basque Bioregion that has more than 70 companies, some of them of international relevance,basic research (CICs Biogune and Biomagune) and applied research centres, 6 hospitals and 30,000 people workingin the system. Selected finalist for the RegioStars 2011 award of the European Commission for the best innovating project.NANOBASQUE Aims to incorporate micro and nanotechnologies in order to increase the technological intensity of the Basquebusiness fabric. Major investments in the scientific-technological offer materialised in two CICs, Nanogune and Microgune and acomplete network of scientific and technological infrastructures. 30
  32. 32. RELEVANT INNOVATING PROJECTS WAVE POWER: BISCAY MARINE ENERGY PLATFORM (BIMEP) Infrastructure to research and use the power generated by waves on the open sea. With connections to land-basedelectricity networks. Located in Armintza, Bizkaia. Will come into operation during the last quarter of 2011. Total investment of 20 million euros. ELECTRICAL VEHICLE Agreement between the Basque Energy Board (EVE) and Repsol to develop the basic network of EV charging points in the Basque Country. Formation of the company IBIL financed 50-50 by both entities for the development of the network. Agreement between EVE and Mercedes Benz for the manufacture of electrical vans in Vitoria-Gasteiz. First E- VITO vans delivered, and the first vehicles are currently being monitored in movement. INTELLIGENT ELECTRICAL NETWORKS Collaboration protocol between Iberdrola, EVE, BBK and the Bizkaia Provincial Council for the development andimplementation of intelligent electrical distribution networks in the urban centres of Bilbao and Portugalete, Iberdrola and EVE represent an economic interest group (54% and 46% respectively) which will invest 60 millioneuros over the next three years in the new intelligent distribution networks in Bilbao and Portugalete. The next steps: Detailed investment plan (31-7-2011), first network systems, equipment and installation tenders (31-12-2011), 31
  33. 33. RELEVANT INNOVATING PROJECTS CREATION OF THE FIRST GAS HUB IN SPAIN In 2011, a company formed by three partners: Basque Government, Enagás and BBK. It is the first initiative of its kind in Spain. It is engaged in the promotion of logistics, marketing and financial services to facilitate short-term natural gastransactions in the Iberian gas system. Although there are 35 natural gas dealers on the Iberian peninsula and 3000 transactions are carried out on amonthly basis between agents, there is currently no organised natural gas market.ALAVA: A TOP LEVEL LOGISTICS NODE IN SOUTH-WESTERN EUROPE Around Vitoria there are 7 million square meters dedicated to logistics activities, with connections to the rest of theworld by land, sea and air through the ports of Bilbao and Pasajes, Foronda airport and several high-speedconnections by road.VIAP: VITORIA INDUSTRIAL AIR PARK The expected investment amounts to 60.4 million euros in an area of 390,000 square metres. Following the agreement signed between the Basque Government, Vitoria City Hall and AENA, an industrial parkwith the characteristics of a technology park linked to the aeronautic sector will be built.VIT: VITORIA INTERMODAL TERMINAL This Intermodal station will channel all the traffic between continental Europe and the Iberian peninsula through thewestern Pyrenees. A twin-gauge track infrastructure, Iberian and international, which will have dimensions of 2.200 metres in length by220 in weights, with 48 ha of surface area. An expected total investment up to the year 2037 of 120 million euros. 62 million are planned for the first stage. 32
  34. 34. TOURIST DESTINATION  Sculpture “Peine de los vientos” Donostia-San Sebastián  Plaza Virgen Blanca, Vitoria-Gasteiz  Hanging Bridge Bizkaia 33
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