The Madrid Region is located in central Spain and has a population of over 6.5 million inhabitants, making it one of the most densely populated regions in Europe. The economy is centered around the services sector, representing 80.4% of GDP. Madrid has a highly educated population and is an important center for culture, tourism, transportation and technology industries. The region has excellent infrastructure including airports, highways, and high-speed rail connecting it to other parts of Spain and Europe.

1. GENERAL INFORMATION
Location and Geography The Madrid Region is one of the most Political Situation areas. The collections of the Prado, Education
The Madrid Region, located at the densely populated regions of Europe, The Madrid Region is one of Spain’s 17 Reina Sofía, and Thyssen art museums
The Madrid Region has an extensive
geographic center of the Iberian with a ratio of 804 inhabitants per sq Autonomous Regions. Its basic political are of particular importance, with 5
educational network ranging from the
Peninsula; covering a surface area km. Of the 179 municipalities located system is stipulated in the Autonomous million visitors each year.
primary to the postgraduate
of 8,028 sq. km is an inland region in the Madrid Region, the most densely Statute (Organic Law 3/1983, of 25 level. The education system
which represents 1.6% of the national populated is the capital city of Madrid, February 1983), part of the Spanish The Madrid Government invests in its
sets basic education – infant,
territory. The Region is located on a which, with over 3.3 million inhabitants, Constitution dated December 29 th urban space, and offers its citizens the
primary and secondary – as
high central plateau and its north- is also the most populated city in Spain. 1978. Spain has been a member of the pleasure of enjoying several green
compulsory and free. MADRID
western part is very mountainous EU since 1986. areas, historic as well as innovative
Education can be free or
(maximum elevation reaches 2,430 m. Climate buildings, and extensive public spaces.
subsidized, as various types
and minimum elevation is 430 m. Madrid has a continental climate with Spain is a stable democracy, and has a The Region has more than 600
of educational centers are
four clearly-defined seasons. The Parliamentary Monarchy. The Head of buildings that are of artistic heritage,
available: public (entirely financed by Madrid has a
more than 69 cultural venues including
Population average annual temperature is 14.6°C, State is King Juan Carlos I, and the
theaters, opera houses, dance centers,
public funds), state-subsidized (partially privileged
The Madrid Region has approximately it rains an average of 63 days/year and Parliament is elected by universal subsidized), and private schools geostrategic
the skies are completely clear 97 days/ suffrage every four years. The current and about 30 auditoriums for concerts. location.
6.5 million inhabitants (2010). The (entirely financed by private funds).
year. The sun shines more often than President of the Madrid Regional In addition, three of its towns have been
population of the region has grown declared National Heritage sites by
considerably over recent years and has not in Madrid, with an annual average Government is Esperanza Aguirre Gil The Madrid Regional Government is
of 2,769 hours of sun (www.inm.es). de Biedma of the People’s Party UNESCO: Alcala de Henares, El Escorial,
very diverse origins. Over 1 million of increasingly incorporating bilingual
(Partido Popular). and Aranjuez.
inhabitants, equivalent to 16.3% of the education into compulsory education
total, are foreigners. More than half of centers in the Region, through the
Close to Madrid, one can find the cities
the foreigners living in the Madrid Bilingual School Plan which began in
of Avila, Toledo, Segovia, and Cuenca,
Region come from Latin America. The 2004. At present, 242 schools offer Madrid, with
enabling to easily access a wide variety
Region is also the principal receptor of Population Pyramid MEN 100 and more WOMEN English-Spanish bilingual education, 804 habitants
95 a 99 of National Heritage sites. per sq. km,
workers that decide to move to Europe of the Madrid benefiting approximately 55,000
90 a 94
from Latin America. Region by age group primary school pupils. is one of the
85 a 89
The Madrid Region is an important most
and nationality 80 a 84
densely
(2008) international tourism center. In 2010
Life expectancy of the citizens of the 75 a 79 More than 152,000 foreign students populated
70 a 74 the Region attracted a record of 9.8
Madrid Region is one of the highest in (non-university) study in the Madrid regions in
65 a 69 million tourists, making it the first Europe.
the world: 85 years for women, and 79 60 a 64 Region, which represent 19.8% of the
region in Spain in number of tourists.
for men. 55 a 59 total number of foreign students in all
50 a 54 The Madrid Region has excellent
Origins according to Nationality (2010):
of Spain. Within the non-university
45 a 49 facilities to host congresses, events,
education, there are also close to 50
Country % of the 40 a 44
and meetings. IFEMA, the City
of Number foreign 35 a 39 institutions that offer official foreign
Origin population
Conference Center, the Madrid
30 a 34 studies, mainly from other EU countries,
25 a 29 Congress Center, and the Trade Fair
Romania 218,876 20.6% as well as various other international
20 a 24 Center in Casa de Campo are state- Most populated
Ecuador 112,998 10.6% 15 a 19 schools.
Morocco 85,524 8.1%
of-the-art facilities, and further towns and
10 a 14
Colombia 65,168 6.1% complete the excellent hospitality and cities in the
5a9 In the Madrid Region, there are a total
Peru 57,775 5.4% 0a4 services infrastructures for business Madrid Region.
of 16 universities: seven public and nine
Bolivia 46,390 4.4% 350.000 300.000 250.000 200.000 150.000 100.000 50.000 0 0 50.000 100.000 150.000 200.000 250.000 300.000 350.000 tourism.
China 44,304 4.2% private, including 2 of the 3 Spanish
Spain EU (27) Other Nationality
Dominican Republic 34,411 3.2% distance education universities. In total,
The Madrid Region has close to 47,000
Bulgaria 32,758 3.1% there are almost 195,000 students
Paraguay 30,435 2.9% Source: Madrid Statistics Institute. establishments: 8,000 restaurants (12
attending Madrid universities. 40% of
of them with a Michelin star), 2,000
Source: National Statistics Institute. Language cafeterias and 37,000 bars that offer
the Madrid Region’s active population
Foreign Population in the Madrid Region by Municipality and % of the Municipality’s The official language of the Madrid has a university degree, making it
a wide variety of the best selection
population (2010) Region is Spanish, which is the official the second region in Europe in
from the Region, Spain, and
Foreign Total % of foreign language in more than 22 countries, this aspect.
international cuisines. The athletic
Municipality Population Population population and the most spoken language in 27
facilities of the Madrid Region are
Madrid (capital city) 568,214 3,273,049 17.4% countries. It is also the third most
characterized by both their large Religion
Alcala de Henares 42,670 204,120 20.9% spoken language in the world today The Spanish Constitution San Sebastián
variety and quantity (over 12,000), with El Escorial
de los Reyes
Parla 32,013 120,182 26.6% (close to 500 million people), and the defines the state as
Mostoles 29,027 206,015 14.1%
the presence, for example, of 27 golf Alcobendas Alcalá
second most common language used nondenominational,
Las Rozas de Henares
Fuenlabrada 27,624 198,973 13.9% courses throughout the Region. Majadahonda Torrejón
for international communication. and with freedom
de Ardoz
Getafe 26,516 169,130 15.7% Pozuelo MADRID
Coslada
Torrejon de Ardoz 23,858 118,441 20.1% The city of Madrid has 18 sq. meters of religion, Alcorcón Leganés
Leganes
Alcorcon
24,729
21,312
118,227
168,299
13.0%
12.7%
Culture and Tourism of green space per inhabitant, very though a large Mostoles
Fuenlabrada
Getafe
The Madrid Region offers a broad range superior to the 10 sq. meters majority of Parla
Coslada 20,782 91,218 22.8%
of cultural, leisure and sporting recommended by the World Health Spaniards state
Alcobendas 18,687 110,080 17.0%
Arganda del Rey 14,889 53,135 28.0% activities including more than 100 Organization. Madrid is also the second they are Catholic.
Aranjuez
Majadahonda 10,375 69,439 14.9% museums, as well as numerous art city in the world with most trees along
Las Rozas 10,220 88,065 11.6% galleries, and exhibition and artistic its streets (around 300,000).
Source: National Statistics Institute.
1

2. ECONOMY AND INFRASTRUCTURES
Macroeconomic Data Madrid Regional GDP According to Activity (2010) Transport
The Madrid Region has a significant, The Madrid Region is geographically located at the center of the Iberian Peninsula’s road and rail
growing economy. In terms of GDP, it networks within the Iberian Peninsula.
Agriculture 0.1% Construction 9.1%
represented almost 20% of the Spanish Services 80.4%
economy in 2010. Madrid’s economy is The motorway network of the Madrid Region comprises 6 national radial motorways (A1 to A6), 4
Industry 10.4% beltways (M30, M40, M45 and M50), and 4 toll motorways (R2 to R5). The Madrid Region is also
particularly based on the services
sector, which generates 80% of the connected by a high speed train (AVE) to Albacete, Barcelona, Ciudad Real, Cordoba, Lerida, Malaga,
regional Gross Added Value. The Madrid Segovia, Sevilla, Tarragona, Valencia, Valladolid, and Zaragoza.
Region had an annual average growth
of 1.5% during the 2006-2010 period). The Madrid Region has three airports: Barajas, Torrejon, and Cuatro Vientos. The Barajas Airport is
the largest airport in the Iberian Peninsula, the 4th in Europe, and the 11th largest in the world in
Macroeconomic Indicators of numbers of passengers (almost 50 million in 2010). The construction of Terminal 4, inaugurated in
the Madrid Region (2010) February 2006, has elevated the capacity of the Barajas International Airport to up to 70 million
Indicator Data passengers/year. Around 30% of the flights between Europe and Latin America go through Barajas.
It also concentrates 56% more transactions/operations, 70% more passengers and 259% more
GDP at current prices (Millions of E) 209,342
GDP variation 0.7% Source: The Madrid
traffic load than the second airport in Spain.
Inflation
Income per capita (E)
1.8%
32,923
Statistics Institute.
Comunications
The Madrid Region is home to a large part of Spain’s industry
Activity Rate 65.1%
Unemployment Rate 16.0% The services sector sector’s and telecommunications infrastructures. It has the
represents 80.4% largest fiber optic network in Spain, and it receives more
Source: The Madrid Statistics Institute, National
than half of all national investment in telecommunications
Statistics Institute. of the regional GDP. infrastructure. The most important companies in the sector
are based in the Madrid Region.
In 2010, the Madrid Region was the first Spanish region in
26% of all ICT companies in Spain terms of homes connected to the Internet (74%), and with
Human Capital broadband connection (67%). The Spanish average is
The Madrid Region offers outstanding are based in Madrid, as well as 22%
of all biotechnology companies, and respectively 67 and 57%. Also, 90% of the regional
human capital. The active population population has access to third generation networks.
comprises 3,411,000 workers (2nd more than 62% of companies in the
quarter 2011), and the activity rate is Aerospace sector. The Madrid Region
65.1% (2010 average). is home to 33% of ICT employees in Main Logistics Centers in the Madrid Region (2010)
Spain, 44% of Biotechnology’s, and
1 Coslada Transport Center
57% of Aerospace’s.
Annual salaries are generally divided Business Structure 2 Coslada Logistic Platform and Dry Tres Cantos
16
into 12 monthly payments and 2 Port
The Madrid Region hosts 270,000 There are more than half a million
San Sebastián
M-607 de los Reyes
extra payments. Social Security 3 Barajas Air Cargo Center A-6 A-1 17
contributions are divided between workers in the High-Technology and businesses in the Madrid Region, Alcobendas 14
4
Knowledge Intensive services (2nd which represent 15% of all Spanish
Abroñigal Renfe Terminal
the employer and the employee. The R-2
region in Europe). companies. More than 75% of these 5 Mercamadrid Las Rozas
Barajas
Airport
Minimum Inter-professional Salary belong to the services sector. A-2
(SMI) is revised every year, and for 6 Madrid Transport Center
Population employed by Majadahonda
15
2011 it was established at 8,979E per 7 Vicálvaro Renfe Terminal 3 Alcalá de
year. (www.seg-social.es). economic activity (2nd quarter 2011) Companies in the Madrid Region (2011)
Madrid
Henares
Sector Total 8 Villaverde Renfe Terminal Pozuelo de
Sector % Alarcón
18 Torrejón
Boadilla 1 2 de Ardoz
More than 36,000 students graduate Commerce 98,494 9 Neissa Sur de Monte
Services 83.0% Coslada San Fernando
from Madrid universities every year, Industry 9.7% Construction 67,929 10 CLA Logistic Supply Center M-30 de Henares
Construction 6.9% Industry 25,097
of which 34% are from technical and 11 Carpetania Logistic Center 7
Agriculture 0.4% Rest of Services 310,149 4
experimental sciences schools. Total 501,669 A-5 M-40
Total 100.0% 12 Logistic Center Madrid Sur 6
Source: National Statistics Institute. Source: National Statistics Institute, Central 5
Business Directory (DIRCE), 2011. 13 Automotive City Móstoles
Alcorcón
M-45 8 R-3
Number of students enrolled in universities, according to area of study (2009-2010) 14 Logistic Center Madrid Este Leganés
9
Getafe
Social Sciences Technical Health Experimental 15 Prologis Alcalá 13
Fuenlabrada 11 A-3
TOTAL* and Law Schools Humanities Sciences Sciences 12 10 Arganda
16 San Agustín de Guadalix R-5 M-50 del Rey
Madrid Region 194,194 91,970 56,008 11,295 22,358 12,563 17 Meco Logistic Center
Spain 1,200,763 615,060 306,521 98,959 107,818 72,405
18 Puerta de Madrid Industrial Park Pinto A-4
Parla
Madrid/Spain (%) 16.2% 15.0% 18.3% 11.4% 20.7% 17.4%
19 “La Sendilla” Logistic Center A-42 R-4
Madrid by Area 100% 47.4% 28.8% 5.8% 11.5% 6.5%
20 19
* Distance learning universities are not taken into account 20 Las Canteras industrial Park
Source: University Coordination Board. Ministry for Science and Innovation.
Source: PromoMadrid Desarrollo Internacional de Madrid.
2

3. Foreign Trade in the Madrid Region
The Madrid Region is the second Spanish region in terms of export volume Madrid’s Trade Balance by Product Type
(11.3% of the national total), and the second in imports (21.1% of the national (millions of E, 2010)
total). The coverage rate is 41.5%. Groups Exports Imports Trade Balance Coverage Rate
Food 898 3,612 -2,714 25%
The main destinations and origins of goods are EU countries. The three most Energy Products 1,818 2,380 -562 76%
active sectors in foreign trade (semi-manufacturing, capital goods, and Raw Materials 239 437 -198 55%
automotive sectors) represent almost 75% of total imports and exports. Semi-Manufactured goods 7,202 13,427 -6,225 54%
Capital Goods 6,345 16,633 -10,288 38%
Automotive goods 1,737 5,101 -3,364 34%
Trade Balance and Coverage Rate in the Madrid Region and Durable Consumer Goods 254 1,854 -1,600 14%
Spain (millions of E, 2010) Manufactured Goods 1,669 6,756 -5,087 25%
Others 787 251 536 314%
Exports Imports Trade Balance Coverage Rate Total 20,948 50,451 -29,502 42%
Source: Ministry of Industry, Tourism and Trade.
Spain 185,799 238,082 -52,283 78.0%
Madrid Region 20,948 50,451 -29,502 41.5%
Source: Ministry of Industry, Tourism and Trade.
Healthcare System Madrid’s Exports by geographical area (2010)
The Madrid Region has an excellent
healthcare system, with 86 private and Madrid’s Trade Balance by Geographical Area Latin America
Africa 5.7% Rest of 5.4%
public hospitals. Boasting over 37,700 (millions of E, 2010) America Other
doctors, Madrid is the region of Spain 0.1% countries
Exports Imports Trade Balance North America 6.6% 7.4%
w i t h t h e g re a test n u m b e r of
professionals in this sector. Oceania
Total 20,948 100.0% 50,451 100.0% -29,502 Asia 8.5% 1.7%
UE-27 12,424 59.3% 32,493 64.4% -20,069
Rest of Europe 1,126 5.4% 2,280 4.5% -1,154 Rest of
Asia 1,786 8.5% 8,887 17.6% -7,101 Europe
North America 1,386 6.6% 3,798 7.5% -2,413 5.4%
Life expectancy in the Latin America 1,125 5.4% 1,408 2.8% -282
Rest of America 14 0.1% 15 0.0% -1
Madrid Region, slightly Africa 1,187 5.7% 887 1.8% 300
above 79 years for men and Oceania 347 1.7% 135 0.3% 212
Other countries 1,553 7.4% 547 1.1% 1,006
85 years for women, is one Source: Ministry of Industry, Tourism and Trade.
of the highest in the world. UE - 27
59.3%
Source: Ministry of Industry, Tourism and Trade.
Madrid’s Imports by geographical area (2010)
Latin America 2.8% Other Countries
1.1% Oceania
North America 7.5%
0.3% Rest of
Africa 1.8% Europe 4.5%
UE - 27
64.4%
Asia 17.6%
Madrid is the
second region in
volume of exports
Source: Ministry of Industry, Tourism and Trade.
in Spain.
3

4. LEGAL FRAMEWORK
Inward Investment in the Madrid Region Outward Investment in the Madrid Region
The most common corporate entities in
Spain are the Sociedad Anonima (S.A), and
the Sociedad de Responsibilidad Limitada
The Madrid Region receives the highest percentage of Foreign Direct Investment (FDI) in Among all Spanish regions, the Madrid Region is the principal investor in overseas markets.
(S.L.), which are roughly equivalent to
Spain. Between 2006 and 2010, an inward capital flow of 62,705 million euros was registered, During the 2006-2010 period, an outward flow of 120,504 million euros was registered, respectively a Public Limited Company
which is equivalent to 68.3% of the national total of inward FDI (excluding Spanish holding equivalent to 49.8% of the national total of outward FDI. The Madrid Region mainly invests (PLC), and a Private Limited Company (Ltd).
companies). European countries, United Arab Emirates, and the United States are the countries in Europe, Brazil, and the U.S. Between 2006 and 2010, 13.6% of outward investment from There is also the Sociedad Limitada Nueva
that invest the most in the Madrid Region. the Madrid Region was invested in Latin America, which represented 60.6% of total Spanish Empresa (S.L.N.E.) which could translate
investment in this area. Total Spanish direct investment in this area reached 27,087 million into New Business Limited Company, that
Furthermore, with the increasing globalization of Latin American companies, the Madrid euros during this period, placing Spain as the second main investor country in Latin America. simplifies and reduces the administrative
Region has become the natural place for them to make the move into Europe, due to, among formalities and time required to incorporate
other reasons, the shared language, as well as the accumulated experience of our professionals a new company, to less than 48 hours.
in business development in Latin America. During the 2006-2010 period, the Madrid Region
received more than 1,312 million euros in FDI from Latin America, particularly from Mexico. Since 2005, a Sociedad Anónima Europea
Madrid’s Outward FDI by Destination Country (2006-2010) (European Limited Company), can also be
set up for holdings of companies located in
Madrid’s Inward FDI by Country of Origin (2006-2010) Country Millions of e % of Madrid FDI different EU member states.
Country Millions of e % of Inward FDI United Kingdom 47,990 39.8% Spain has signed a total of 71 APPRIs (Bi-
Netherlands 13,069 10.8% lateral agreements for the Protection and
Hungary 8,332 6.9% Promotion of Reciprocal Investment), 17 of
Italy 18,490 29.5%
Brazil 6,261 5.2% which are with Latin American countries.
United Kingdom 15,831 25.2%
Mexico 6,241 5.2%
Germany 8,046 12.8%
France 5,674 4.7%
Through these agreements, Madrid benefits
United Arab Emirates 3,314 5.3% from a stable and secure legal framework
Italy 5,417 4.5%
France 2,795 4.5% in which to carry-out investments.
United States 5,254 4.4%
United States 2,669 4.3%
Germany 2,971 2.5%
Netherlands 2,521 4.0%
Portugal 2,655 2.2% The taxation system is made up of different
Luxemburg 1,304 2.1%
Sweden 962 1.5%
Others 16,184 13.8% types of taxes, the main ones being
Total 120,504 100,0% Impuesto sobre la Renta de las Personas
Mexico 862 1.4%
Others 5,910 9.4% Source: Ministry of Industry, Tourism and Trade. Físicas, I.R.P.F. (Income Tax), Impuesto sobre
Total 62,705 100.0% Sociedades, I.S. (Corporate Tax), and
Source: Ministry of Industry, Tourism and Trade. Impuesto sobre el Valor Añadido, I.V.A.
Madrid’s Outward FDI by Sector (2006-2010) (Value Added Tax) (www.meh.es).
The FDI in the Madrid Region is mainly concentrated in the energy sector.
Sector Millions of e Sectorial Distribution The Madrid Region has one of the most
Madrid’s Inward FDI by Sector (2006-2010) of Madrid FDI favorable tax systems in Spain. One of the
main regional benefits is the one point tax
Telecommunications 44,781 37.2% cut on the Income Tax rate, the near entire
Sector Millions of e % of Inward FDI Financial Services 23,119 19.2% elimination of the Inheritance and Donation
Insurance 7,115 5.9%
Electricity and Gas Energy Production & Distribution 25,893 41.3% Tax, the reduction of the Capital Transfer
Building construction 6,929 5.8%
Wholesale and Commerce Intermediaries, except motor vehicles 14,177 22.6% Warehouses and transport related activities 5,094 4.2% Tax when acquiring a property for large
Oil Industries 3,367 5.4% Metal, iron and steel 3,436 2.9% families, and the increase of the minimum
Banking and other Financial Services 2,654 4.2% Non-metallic minerals 2,809 2.3% value to be exempt from Wealth Tax.
Real Estate 2,126 3.4% Real Estate 2,613 2.2%
Telecommunications 1,239 2.0% Radio and Television 2,426 2.0% Expatriates assigned to work in Spain have
Others 13,250 21.1% Waste collection, treatment and disposal 2,415 2.0% the possibility of benefiting from lower
Total 62,705 100.0% Others 19,763 16.4% income tax rates if they opt to settle their
Source: Ministry of Industry, Total 120,504 100.0% taxes through the Income Tax for Non-
Tourism and Trade.
Source: Ministry of Industry, Tourism and Trade. Residents. Under this regime, a general rate
of 24% is applied to salary income earned
in Spain during a maximum period of six
years, and up to a maximum amount of
600,000 E/per year.
The Foreign Asset-Holding Entities
A national economic engine and leader: (Entidades de Tenencia de Valores
Extranjeros, ETVE) are corporations that
the Madrid Region, covering just 1.6% of the Spanish enable to avoid double taxation by means
of the non-integration in the tax-base of the
territory, represents more than 19% of the dividends and surplus value obtained abroad
(exemption method).
national economy, and the income level is 22% Spain has also signed agreements with a
total of 93 countries in order to allow
greater than the EU-27 average. companies to avoid double taxation. 82 of
them are currently in effect, and the rest
are under negotiation.
4

5. Research and Development Professionals Dedicated to RDI (2009)
The Madrid Region is the national leader Science and Technology Parks in the Madrid Region
Total Personnel (equivalent to full time) 53,171
in Research, Development, and Innovation PromoMadrid, Desarrollo Internacional de Madrid (c) Business Sector 23,586
(RDI). The Region is the headquarters for Public Administration 15,365
17 of the 19 Public Research Bodies which Education 14,220
manage some of the programs in the Source: National Statistics Institute.
National Research, Development and Ciudad del Accessibility and Logistics
Innovation Plan, and execute a large part Parque Tecnológico Conocimiento In 2009, the Madrid Region was home Infrastructures
of RDI activities financed by public funds. de Madrid Ae BS ICT En O Parque Científico to 24.6% of the national total of The geographical location of the Madrid
The Madrid Region is also home to 8 Ae BS ICT In de Madrid personnel dedicated to RDI activities, Region -in the center of the Iberian
Spanish Royal Academies. Colmenar Viejo and over 25% of the Researchers
Tres Cantos BS ICT Peninsula- and the radial transport system
COMUNIDAD DE MADRID
En Ev Nt
working in Spain. guarantee efficient transportation and
Innovation indicators (2009-2010): Madrid-Cantoblanco
communication with the rest of the
• The Madrid Region is the national leader Tecnotrescantos country, ensuring a delivery in less than
in terms of expenditure in RDI, which Bioparque Human Resources in 12 hours to the rest of the Peninsula. This
represents 2% of the GDP. BS Region Science & Technology
Tecnoalcalá has encouraged a vast majority of
• 27% of national expenditure on RDI Tres Cantos (thousands of people)
Ch ICT BS
companies to set up their Distribution
originates from Madrid. Île de France 3,705 Center for the Iberian Peninsula in Madrid.
• 28% of Spanish private expenditure on Alcalá de Henares Madrid Region 1,891
RDI hails from Madrid. Montegancedo Lombardia 1,821
Catalonia
The largest logistics space in Spain (24.5
• The Madrid Region is home to 24.6% of Ae BS ICT 1,523
Andalucia 1,480 million sq. meters) is located in the Madrid
RDI professionals in Spain. Boadilla del Monte Oberbayern Region, and has inter-modal facilities,
1,378
• 33% of Spanish IT professionals are Istanbul 1,364 infrastructures, and services. In total, the
located in Madrid. Madrid Rhône-Alpes 1,361 Madrid Region has more than 20
• 22% of all Spanish patent concessions Tecnomóstoles Campus Sur Vallecas Mazowieckie 1,324 specialized logistics platforms.
were registered in the Madrid Region. ICT En O Au In O Source: Eurostat.
• During the 2005-2009 period, 28% of Móstoles Madrid - Vallecas Among the Region’s infrastructures, the
Spanish-published works in international Dry Port of Coslada is of particular
journals hail from the Madrid Region. importance. It is the first inland maritime
• The Region has 11 Science and Technology customs site in the EU in terms of volume
parks (either working or under construction), (65,000 TEUs/year), and is located near
which have the capacity to welcome over Parque Tecnológico the Barajas International Airport. It has a
1,900 companies. Tecnoleganés Tecnogetafe
Ciudad de Madrid surface area of 140,000 sq. meters, and
ICT In Nt Ae ICT En In connects the Madrid Region by train with
Ae En Au Nt O
The Madrid Regional Government actively Leganés Getafe the five major ports on the coasts of the
Madrid - Villaverde
supports Public Private Partnership (PPP) Peninsula: Algeciras, Barcelona, Bilbao,
in the sciences. The “madri+d” network Valencia, and Lisbon.
(www.madrimasd.org) brings together
public and private research institutions The Madrid Regional Government has
with regional business associations, so as Science and technology park implemented the Logistics Infrastructure
Ch Chemicals
to improve the competitiveness of the Development Plan which seeks to double
Region through knowledge and innovation Park under construction the logistics capacity of the region to 50
In Industry and engineering
transfer, as well as commercialization. million sq. meters. The Plan will entail the
Madrid Network creation of nine new logistics centers, an
Au Automobile
Furthermore, the Madrid Institute for intermodal platform, a cargo airport, the
Advanced Studies (“Instituto Madrileño de Parks associated to a university Nt Nanotechnology and materials connection among logistics centers in the
Estudios Avanzados”) (www.imdea.org), is Region, and the development of a railway
Ae Aeroespatial En Energy
the institutional body responsible for PPPs bypass system for goods. All of the latter
in science and research. This institute is will significantly improve delivery times.
BS Biotechnology and life O Other
organized into the following areas of sciences
knowledge: water, food sciences,
biomedicine, social sciences, energy, ICT Information and Communication
Technologies
mathematics, materials sciences,
regenerative medicine, nanoscience, Ev Environment
networks, and software.
The Madrid Region has a network of
clusters that promote the 12 sectors that The Madrid Region is the national leader
are economically strategic for the Region:
Aerospace, Biotechnology, Health, Graphic
Design, Financial Services, Security,
in terms of expenditure on RDI,
Audiovisual, Renewable Energies, Tourism,
Automotive, Logistics, and a Platform
representing 2% of GDP
for the Spanish language
(www.madridnetwork.com).
5

6. Official Websites of the
USEFUL INFORMATION Madrid Region
Currency and Exchange Bus: The Madrid Region also has a
total of 4,000 public buses. • Madrid Regional Government
Rates www.madrid.org
Spain’s currency is the euro. In 2010,
Taxis: There are more than 15,000
With the capacity to handle • Madrid Region Statistics Institute
rates of exchange against the euro up to 70 million passengers www.madrid.org/iestadis
taxis operating in the Madrid Region.
(yearly average) were 1.33 USD; 116 • Madrid Trade Fair Center IFEMA
Yen, and 0.86 £ Sterling.
They can be hailed anywhere in the a year, Barajas is the second www.ifema.es
city 24 hours a day, 7 days a week.
There are also taxi stations in specific
most important airport in • Network of Madrid Technology Parks
Time and Working Hours points. Europe in terms of capacity. & Clusters
Time zone: GMT+1 www.madridnetwork.org
Today, it is already the main link • Madrid Chamber of Commerce &
Summer time: From the last Sunday
of March at 2AM to the last Sunday between Europe and Industry
Holiday Periods and Latin America. www.camaramadrid.es
in October at 3AM: GMT+2.
Banks: Mon to Fri from 8:30AM to Public Holidays • Madrid Business Confederation CEIM
2:30PM. Spanish employment legislation www.ceim.es
Some banks have longer hours on provides for a mandatory holiday • Avalmadrid
Thursdays and open on Saturdays. period of 30 calendar days a year (or www.avalmadrid.es
Retail Businesses: Minimum: Mon to 22 business days), which are usually • Madrid Region Enterprise Portal
Sat from 10AM to 2PM, and 5PM to taken during the summer months www.emprendelo.org
8:30PM (approximately). The Madrid (July and August). Sundays are non- • Madrid Region Higher Education
Region’s flexible framework for retail working days, and there are also 14 Portal
opening hours allows retailers to open public holidays a year, the dates of www.emes.es
24 hours a day on business days, and which vary according to the city and • Madrid Region Inmigration Portal
up to 22 public holidays a year, should region (www.mtas.es). www.madrid.org/inmigramadrid
they wish to do so. • Madrid Migratory Agency
Central, Local, and Regional www.madrilenosenelexterior.org
Government: Mon to Fri from 8AM to • Madrid Region Video Channel
3PM. www.canalcamtv.com
Transport
Air: The Barajas International Airport
is an important link between Latin Other Useful Websites
America, Europe, and North Africa. Its
location, just 12 kilometers from the
center of the capital city, and • Ministry of Economy & Finance
the connections by underground and www.meh.es
bus, provide travellers with fast,
economical and easy access. • Ministry of Industry, Tourism &
Commerce
Rail: The Madrid Region is at the www.mityc.es
center of the Spanish radial railway • Ministry of Foreign Affairs &
network. The Region is connected to Cooperation
the main cities across the Peninsula Further Information:
www.maec.es
and Europe, in many cases by high-
speed train (Albacete, Barcelona, • Invest in Spain
Ciudad Real, Cordoba, Lerida, Malaga, www.investinspain.org
Segovia, Sevilla, Tarragona, Valencia,
Valladolid, and Zaragoza). • Spanish Institute of Foreign Trade
about you
MAYONCNOV©Madrid, PromoMadrid.
(ICEX)
Underground: The underground www.icex.es
network, currently used by 685 million
passengers, is the fourth largest Calle Suero de Quiñones, 34 • National Statistics Institute
E - 28002 Madrid (Spain) www.ine.es
network in the world in extension (293
km), the 1st in the world in number of Tel.: +34 91 745 01 27 • Business Single Point of Contact
underground kilometers (260km), and Web: www.promomadrid.com www.ventanillaempresarial.org
the 3rd in the world in number of E-mail: informacion@promomadrid.com
m e t r o s t o p s ( 30 0 s t a t i o n s ) . twitter.com/promomadrid • Official Credit Institute
Comparable underground networks www.linkedin.com/company/promomadrid www.ico.es
are New York, London, and Moscow.
www.madrid.org
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