Foreign direct investment in Spain increased 18.4% in 2011

16 April 2012

The principle sectors to benefit from inflows of foreign investment with significant percentages of the non-foreign securities holding companies total were the wireless communications (17.9%), passenger air transport (17.6%), and other monetary brokerage –banking (7.9%) sectors.

By countries of origin of the investment (final investor), not including foreign securities holding companies, the United Kingdom (30%) is the leading investor country, followed by France (25.1%), the Netherlands (6.6%), the United States (6.4%), Luxembourg (5.9%) and Germany (5%).

Major Investments

A U.S. biotechnology multinational company opened its first research center (CITRE) outside the US with the aim of investigating new therapies to treat illnesses which have been incurable until now, especially cancers and diseases of the immunological system.

The world’s largest bank, China’s ICBC, officially opened its first office in Spain in January 2011. The financial entity established itself in Spain with the object of providing services to 166,000 Chinese nationals residing in Spain and to become an important financial channel to help improve investment flows between China and Spain.

For further information, please contact Stefan Meyer: smeyer@mmmm.es