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LIBRARY OF CATALONIA (BIBLIOTECA DE CATALUNYA)
CIP INFORMATION

 Barcelona, a good investment : practical guide for
 making business investments in Barcelona
 I. Carranza, Isabel, ed. II. Sancho, Fina, ed. III.
 Forga Alart, Elisabeth, ed. IV. ACC1Ó V. Barcelona.
 Sector de Promoció Econòmica
 1. Inversions estrangeres – Barcelona – Manuals,
 guies, etc. 2. Empreses – Creació – Barcelona –
 Manuals, guies, etc. 3. Barcelona – Condicions
 econòmiques – Manuals, guies, etc.
 338.1(467.1 Ba Barcelona)




CREDITS




                                                       BARCELONA,
EDITION
BARCELONA CITY COUNCIL
Economic Promotion sector
Llacuna 162, 1st floor

                                                       A GOOD
08018 - Barcelona - Spain
Phone: +34 93 256 39 29
proeconomica-ajbcn@bcn.cat


                                                       INVESTMENT
ACC1Ó CIDEM|COPCA
Invest in Catalonia
Passeig de Gràcia, 129
                                                       Practical guide for making business investments in Barcelona
08008 - Barcelona-Spain
Phone: + 34 93 476 72 00
catalonia@cidem.gencat.cat




COORDINATION
Isabel Carranza - Barcelona City Council
Fina Sancho i Elisabet Forga - ACC1Ó




DESIGN
G.Gràfic Comunicació




PRINTING
Cevagraf, S.C.C.L.




D.L.: B-8742-2009
Barcelona, March, 2009
No. of copies: 1.000
Mediterranean, cosmopolitan, entrepreneurial, open and                           As the Minister of Innovation, Universities and Enterprise
tolerant, Barcelona is a dynamic, trendsetting city that is streng-              of the Catalan government, it is my pleasure to welcome you and
thening its personality and promotes creativity, talent, innovation and an in-   thank you for your interest in this publication.
ternational outlook. Thanks to all these factors, the Barcelona area boasts
                                                                                 When entrepreneurs choose a location for their company and when companies
one of the highest levels of development potential in Europe and has be-
                                                                                 make a new business investment, they must evaluate the full range of factors that
come a very attractive place to set up a company.
                                                                                 can directly help them make their decision.
This is the second edition of Barcelona: A Good Investment, the practical        Catalonia boasts many of these factors: a dense, diversified business commu-
guide to doing business in the city. It was jointly produced by Barcelona City   nity; good communications; a modern taxation system; good general services;
Council’s Department of Economic Promotion and the Catalan government’s          qualified human resources; efficient suppliers; incentives for companies; exce-
ACC1Ó agency, and provides useful, practical information for anyone inte-        llent quality of life; and government policies that take special care to create a fa-
rested in starting up a company and doing business in Barcelona.                 vourable atmosphere for business.
                                                                                 Catalonia has talent, knows how to face new challenges, and offers major pre-
Barcelona’s long industrial tradition, coupled with its dense business com-
                                                                                 sent and future opportunities in the fields of innovation, research and develop-
munity, generates an important centre for attracting foreign investment, par-
                                                                                 ment, design and creativity.
ticularly in industry, advanced services and new economic activities. Around
3,000 foreign companies are located in Catalonia, which represents 25% of        The fact that Barcelona, the capital of Catalonia, was recently selected as the he-
foreign investment in Spain. Increasingly, companies looking towards the fu-     adquarters of the Secretariat of the Union for the Mediterranean has consolida-
ture are choosing to set up in Barcelona, and we are proud to say that once      ted the city’s reputation as a reference point on the Mediterranean, and has
they are here, their expectations are completely satisfied. Similarly, compa-    positioned it as a major hub for Euro-Mediterranean relations and a promoter of
nies already established in the city often act strategically by making new in-   knowledge, research and innovation. This development opens the door to new
vestments aimed at moving towards activities of greater added value.             challenges and opportunities for companies and entrepreneurs in a new frame-
                                                                                 work of cooperation between the European Union and the countries on the sou-
This guide provides socioeconomic data on Barcelona and information about        thern shore of the Mediterranean.
new town-planning projects and activity in strategic sectors. It also provides
                                                                                 The Economic Promotion Sector of Barcelona City Council and ACC1Ó, which be-
a schematic outline of the steps to be taken to start a business activity.
                                                                                 longs to the Catalan Ministry of Innovation, Universities and Enterprise, have pu-
                                                                                 blished this guide with the aim of providing a detailed view of how Catalonia and
We hope that this second edition of our guide will be of help in your decision
                                                                                 Barcelona combine all these factors, and of offering useful, practical information
to do business in Barcelona, and that it will speed up the process of enga-
                                                                                 for investors to answer any questions they may have regarding starting up and
ging in new economic activity.
                                                                                 developing business projects in Catalonia.
                                                                                 ACC1Ó is staffed by a professional team with multidisciplinary experience that is
We look forward with pleasure to welcoming you to Barcelona and Catalonia.
                                                                                 committed to your investment project and will work with your company before, du-
                                                                                 ring and after the project has started.
                                                        JORDI HEREU I BOHER
                                                                                 I would like to conclude by congratulating and encouraging all the entrepreneurs who
                                                           Mayor of Barcelona
                                                                                 have created or will create companies in Catalonia. Each of you is and will be a key
                                                                                 part of our business community and one of the economic drivers of Catalonia.


                                                                                 JOSEP HUGUET I BIOSCA
                                                                                 Minister of Innovation, Universities and Enterprise
BARCELONA ACTIVA: SERVICES FOR                                                                                         ACTION PRINCIPLES
                                                         ENTREPRENEURS, EUROFFICE
                                                         PROGRAMME, BARCELONA NETACTIVA                                                                                         ::   The company as client
                                                                                                                                                                                ::   Contribution of value
                                                         Barcelona Activa is the municipal agency that hand-                                                                    ::   “Made to measure”
BARCELONA CITY COUNCIL:                                  les local development and is the leader in accom-                                                                      ::   Confidentiality
INTERNATIONAL ECONOMIC PROMOTION                                                                                      ACC1Ó- INVEST IN CATALONIA
                                                         panying entrepreneurs.                                                                                                 ::   Rapid response
                                                                                                                                                                                ::   Teamwork
International Economic Promotion is the Barcelona                                                                     ACC1Ó is the agency for business innovation and in-       ::   Creation of synergies
                                                         EUROFFICE
City Council department that offers advisory servi-      With 60 members, the EurOffice programme aims                ternationalization that forms part of the Catalan Mi-     ::   “One-stop shop”
ces to companies, professionals and institutions in-     to facilitate access by innovative SMEs to interna-          nistry of Innovation, Universities and Enterprise. It     ::   Dealing with incidents
terested in setting up and doing business in             tional markets through exchange and the promo-               has an ample scope that includes the business com-
Barcelona. It also offers a wide range of services for   tion of services to provide advice on business               munity, entrepreneurs, universities, the public admi-
                                                                                                                                                                                SERVICES
international companies that are already working in      internationalization.                                        nistration, private investment and markets.
the city and are interested in expanding.
                                                                                                                                                                                Guidance Service for Foreign Companies
                                                         The programme is a network of the best business              Invest in Catalonia, forms part of the ACC1Ó Inter-
At the same time, International Economic Promotion       incubators and science and technology parks in Eu-           nationalization Centre, whose mission is to attract fi-   : : Business context: basic information on the busi-
works towards increasing Barcelona’s financial           rope and the rest of the world to help share re-             nancially and technologically sound business              ness environment, legal framework, macroeconomic
flows, including inward flows (attracting investments,   sources and knowledge with the aim of providing              investment to Catalonia that will generate wealth         data
companies, professionals, institutions, congresses,      support for business internationalization. The net-          and stable, quality employment. The objectives of In-     : : Industry knowledge: industry reports, statistics
etc.) and outward flows (international promotion of      work allows companies to participate in technology           vest in Catalonia’s advisory and management pro-          : : Information on incentives and financing
the city’s professionals, products and services).        environments all over the world and to launch their          grammes are as follows:                                   : : Organization of meetings with foreign companies
                                                         products and services on new markets.                                                                                  located in Catalonia
                                                                                                                      : : To attract high-impact business investments.          : : Visits to business locations
SERVICES                                                                                                                                                                        :: Contacts with official institutions and organizations
                                                         BARCELONA NETACTIVA
                                                         The Barcelona NetActiva virtual innovation environment       : : To promote new investments, reinvestments and
                                                                                                                                                                                Investment Project Management Service
: : Economic information that has been processed         is a platform that provides a community of 732 com-          business expansion in Catalonia.
and personalized to help make decisions about            panies with access to a set of specific services for ac-                                                               : : An experienced, professional, multidisciplinary
where to locate a business, as well as market re-        tive companies, as well as tools for business                : : To promote the development of new business ac-        team that offers technical assistance in all project
search and macroeconomic analysis.                       cooperation such as a business opportunities forum, a        tivities in keeping with the economic situation in Ca-    phases: planning, development, implementation
: : Barcelona Seminars: sessions for institutional       virtual school for entrepreneurs and other services.         talonia.                                                  and follow-up.
groups and business delegations that provide full im-    > www.barcelonactiva.es
                                                                                                                                                                                Specialized Services
mersion in the economic situation in Barcelona: the                                                                   : : To encourage business investments based on re-
city’s past, current projects and future prospects.                                                                   gional balance, especially in areas affected by the       : : Specialized Service of Advice on Incentives and
                                                         22@BCN
:: Advice and accompaniment on foreign investment                                                                     withdrawal of assets and relocation processes.            Financing
projects and business.                                                                                                                                                          : : Specialized Service on Locating a Business
: : Organization of business agendas and matchma-        22@Barcelona is the largest urban-renewal project in         : : To be a bridge between companies and the public
                                                                                                                                                                                Service to Detect Investment Opportunities
king service.                                            the city of Barcelona. It involves a 200-hectare area of     administration for business investments in Catalonia.
: : Business landing platform: office space is made      industrial land in the city’s Poblenou district. This in-                                                              With more than 20 years of experience abroad,
available to international companies (Barcelona Bu-      itiative constitutes a new city model that will respond to   : : To provide support to the consolidation of the Ca-    ACC1Ó has a network of 38 international offices.
siness Corner, Barcelona Activa’s International In-      the challenges of the knowledge society. In this model       talan business community by finding new partners          The aim of the more than 150 professionals who
cubator, international business landing platform in      of a compact city, the most innovative companies work        and assistance for technology and production agree-       work there is to:
22@bcn).                                                 side by side with universities, research centres, training   ments with foreign firms.                                 :: Attract investment in segments that are strategic
:: Internationalization support for local companies.     institutions and transfer-technology centres, as well as                                                               for Catalonia.
Business missions to international markets (busi-        residents, public services and parks.                        : : To provide personalized professional advice to        :: Promote specific actions to attract and implement
ness bridges and technology bridges), in collabora-                                                                   each investor.                                            investments.
                                                         > www.22barcelona.com
tion with the Chamber of Commerce.                                                                                                                                              : : Encourage collaboration between Catalan com-
                                                                                                                                                                                panies (technology transfer, know-how, etc.).
>www.bcn.cat/barcelonabusiness
                                                                                                                                                                                > www.acc10.cat
INDEX                                                    10
            Good reasons to invest in Barcelona




        1   Economic introduction
                                                          12
            1.1 Main economic indicators
                                                          22
            1.2 Strategic and emerging industries
                (clusters)
            1.3 Location, the property market,
                facilities for business landing platforms
                                                          36
                and international entrepreneurs




        2   How to start doing business in
            Barcelona
                                                         40
            2.1 Main ways to do business
            2.2 Procedures for starting to do
                business                                 43
            2.3 Tax system: taxes and deductions         46
            2.4 Work and residence permits               49
            2.5 Employment system                        51
            2.6 Grants, subsidies and financing          55




        3   Useful Addresses
            3.1 By topic                                 60
: : Owing to its strategic geographical location,      : : Barcelona’s international standing is recogni-
                                                               Barcelona is Europe’s southern gateway and pro-        zed by its high ranking among cities thanks to its
                                                               vides excellent access to markets in North Africa,     very favourable conditions for investors, its en-
                                                               the Mediterranean region and Latin America. The        trepreneurial approach, urban character, quality of
                                                               city also connects to sea routes to Asia through       life, international conferences and meetings, and
                                                               the Suez Canal, and all its most important logis-      prestigious city brand.
                                                               tics and commercial infrastructure - namely the
                                                               port, airport, duty-free zone, logistics parks and
                                                               the Fira de Barcelona exhibition centre - is less      : : Barcelona is an ideal city for living and working.
                                                               than 5 km from the city centre.                        It offers the best quality of life of any city in Europe,
                                                                                                                      with its stable Mediterranean climate, sunshine,
                                                                                                                      beaches, wide range of cultural and leisure acti-
                                                               : : The Barcelona metropolitan area boasts com-        vities, modern healthcare system open to ever-

GOOD REASONS                                                   prehensive transport infrastructure, including a       yone and more than 4,500 educational
                                                               motorway network that connects it to the rest of       institutions. It also has a comprehensive public
                                                               Europe, the fastest-expanding airport in Europe        transport network and is surrounded by green

TO INVEST                                                      and the largest port in Spain that is the leader in    areas.
                                                               the Mediterranean region in terms of container
                                                               traffic. The high-speed train connects the city to

IN BARCELONA                                                   the rest of Spain and will connect it to the Euro-     : : The city is a great source of highly skilled
                                                               pean network by 2011. The city also has an ex-         human resources. The wide range of academic
                                                               cellent public transport system (train, metro, bus,    institutions includes 5 public and 3 private uni-
                                                               tram and bicycle-rental scheme).                       versities, prestigious business schools such as
Barcelona possesses many advantages that make it a great                                                              IESE, ESADE and EADA, and 27 international
                                                                                                                      schools. It is a preferred destination for foreign
city in which to live, work and do business. It is therefore
                                                               : : Barcelona is the centre of a large, dynamic, di-   students, who are drawn to the extensive use of
very attractive for new commercial activities because of all   verse economic area with an area of influence of       new technologies and the city’s proactive approach
its competitive advantages.                                    4.8 million people in the greater metropolitan         towards innovation and creativity.
                                                               area, 7.2 million in Catalonia as a whole and 18
                                                               million in the Mediterranean Arc stretching from
                                                               Spain to the south of France. GDP grew by over         : : Furthermore, Barcelona is not standing still.
                                                               3% in 2007, and 70% of Catalonia’s GDP is con-         Urban transformation and renewal is taking place
                                                               centrated in the city. Barcelona is ranked sixth in    in many areas of the city: the port and airport are
                                                               terms of population among urban areas in Europe        being enlarged and new logistics parks are under
                                                               and fifth in terms of industrial concentration.        construction; the high-speed train is up and run-
                                                                                                                      ning and public-transport projects are given high
                                                                                                                      priority; the Sagrera-Sant Andreu, Marina and Ver-
                                                               : : The chemical, pharmaceutical, automotive, me-      neda neighbourhoods are being remodelled; in-
                                                               tallurgical, textile, food, consumer-electronics and   vestments are being made in technology and
                                                               graphic-design industries have a long-standing         innovation in the 22@ district; science and tech-
                                                               presence in Barcelona, while new ones are also         nology parks are being expanded; the Fira de Bar-
                                                               emerging, including aeronautics, information and       celona exhibition centre’s role as an economic
                                                               communication technologies (ICTs), biotech, the        driver is being consolidated; and the city’s green
                                                               media, energy, agri-food and design, which are         spaces and woods in Tres Turons Park, Montjuïc
                                                               grouped in knowledge clusters.                         and Collserola are being extended.


                                                               : : Barcelona is considered Europe’s fifth-best city   : : The property market offers a wide and cons-
                                                               for business, and its greater metropolitan area is     tantly expanding range of offices, commercial pre-
                                                               a consolidated base that is home to the largest        mises and industrial buildings with an excellent
                                                               number of foreign businesses in Spain. These           quality-price ratio. City neighbourhoods under-
                                                               2,700 companies account for more than half of          going urban renewal offer new housing incentives.
                                                               the Japanese, French, German, American, Italian
                                                               and Dutch companies that have offices in Spain.
                                                               The city has furthermore consolidated itself as a      : : Barcelona City Council and the Catalan go-
                                                               home for the European divisions of multinational       vernment work side by side with business, and
                                                               corporations.                                          the traditional, close relationship they have enjo-
                                                                                                                      yed through public-private partnerships has been
                                                                                                                      a key factor in the city’s transformation. Both bo-
                                                                                                                      dies have services and teams dedicated to sup-
                                                                                                                      porting companies and developing business.
1.1 Main economic                                                                                                                                         economic introduction



                            indicators




                        1.1.1 Essential information about                                Demographically, the city of Barcelona is becoming increa-
                        the city                                                         singly richer in diversity, with over 280,000 foreign resi-
                                                                                         dents from more than 150 countries, amounting to 17.3%
                                                                                         of the total population (as of January 2008). Looking at re-
                        BARCELONA’S LOCATION                                             cent immigration by continent, South America tops the list
                                                                                         with 45.5%, owing to the many Latin Americans who live in
                        Barcelona is the economic, cultural and administrative capi-     the city; second is Europe with 30.3%; third is Asia with
                        tal of Catalonia and one of the foremost cities in Spain and     16.8%; and, finally, Africa accounts for 7.3%.
                        the European Union. It is the centre of an extensive metro-
                        politan area made up of more than 217 towns, and is home
                                                                                          LAND AREA AND POPULATION (JANUARY 2007)
                        to 4.8 million inhabitants (10.7% of the population of Spain).
                                                                                                                 Population Population            Land area         Density
                                                                                                                                                      (km2)
                                                                                                                   January                                           (inhab.
                                                                                                                               as % of
                        Located on the Mediterranean coast in Northeastern                                                                                             /km2)
                                                                                                                     2007     Spanish
                        Spain, Barcelona’s level of urban density is one of the                                               total (%)
                        highest in Europe, with almost 1.6 million people living
                                                                                                                1,595,110                3.5%            101       15,793
                                                                                         Barcelona
                        in an area of just 100 square kilometres.
                                                                                                                4,856,579              10.7%           3,236         1,501
                                                                                         Metropolitan
                                                                                         area
                        The city is at the forefront of the Mediterranean Arc, an
                        emerging area of economic activity in Southern Europe
                                                                                         Catalonia              7,210,508              16.0%         31,895             226
                        which includes Southeast France, the Balearic Islands,




                   1
                                                                                         Spain
                        the regions of Valencia and Aragon in Spain, which has                                 45,200,737            100.0%        505,988                89
                        a combined population of 17 million.
                                                                                                 Source: Barcelona City Council, Spanish National Statistics Institute (INE).

                        The Barcelona metropolitan area is ranked sixth in terms
                        of population among urban areas in Europe and fifth in
                        terms of industrial concentration.                               The influx of immigrants into Barcelona has rejuvenated
                                                                                         the population pyramid and increased the city’s active po-
                                                                                         pulation. Specifically, the percentage of children under 15
                         LOCATION MAP
                                                                                         in relation to the overall population has increased, while
                                                                                         the percentage of people over 65 has decreased. 53% of
                                                                                         the foreigners living in Barcelona are male and 47% are fe-
                                                                                         male, and their average age is 32.



                                                                                          FOREIGNERS IN BARCELONA BY CONTINENT OF ORIGIN




ECONOMIC INTRODUCTION                                                                                                                                                                              13
                                                                                                                                                                                              12
                                                                                                                                 Source: Barcelona City Council (January 2007).
1.1.2 A diversified economic structure                                      sult, the city has focused on the services industry, which                                                                                                                                                                                  economic introduction
                                                                            now employs 83.1% of the working population.
The Catalan economy has traditionally been one of Spain’s
economic engines, and still has the highest GDP in abso-
lute terms of all Spain’s autonomous communities.                            EMPLOYMENT STRUCTURE
                                                                             percentage of workers by economic sector, 2007

According to data from the Catalan Statistics Institute                                              Barcelona              Catalonia                Spain
(Idescat), the Catalan economy generated €208.63 billion
                                                                                                           0.2%                   0.5%                0.6%
                                                                            Agriculture
of output in 2007, i.e. 19.87% of the Spanish total. Ca-
talonia is the region that contributes most to Spain’s GDP
                                                         ,
                                                                                                          11.0%                 20.0%               16.5%
                                                                            Industry
and the second-largest in terms of population.
                                                                                                           5.6%                 10.3%               13.0%
                                                                            Construction

                                                                                                          83.1%                 69.4%               69.9%
                                                                            Services
 GDP AT MARKET PRICES

                                                                                                                                                                1.1.3 Foreign investment in Barcelona
                        Spain      Catalonia       Catalonia as a %                                                                                                                                                                              The area also continues to be a key destination for highly
                                                                                                        100.0%                100.0%              100.0%
                                                                            Total
                  (€ millions)   (€ millions)              of Spain
                                                                                                                                                                                                                                                 specialized services, including administrative, financial
                                                                                                                                                                In 2007, Catalonia received €2,521 million in foreign direct                     and marketing services centres. These centres are lea-
                    904,323         181,029                   20.02%
2005                                                                                                             Source: Barcelona City Council and Idescat.
                                                                                                                                                                investment, a figure almost exactly the same as that for                         ding the current process of transforming companies into
                                                                              Note: Figures are for workers who are registered in the Social Security system;
                    976,189         195,284                   20.00%
2006                                                                                             Barcelona figures also include those who are self-employed.
                                                                                                                                                                2006, confirming that in recent years the level of foreign in-                   network structures with autonomous units in different lo-
                                                                                                                                                                vestment has been stable. In Spain, the figure was €28,850                       cations.
                  1,049,848         208,627                   19.87%
2007
                                                                            The percentage of workers in the services industry in Bar-                          million, triple that of the previous year, thanks largely to one
                                                                            celona is considerably lower than that of other large cities                        important event which represented 65% of the total, namely
                                                   Source: Idescat, INE.
                                                                                                                                                                                                                                                 TRENDS
                                                                            such as Paris, London and Frankfurt, where the services                             the sale of the electricity provider Endesa to the Italian com-
                                                                            industry accounts for 95% of the economy. Therefore, it                             pany Enel.
 ECONOMIC GROWTH                                                            could be said that Barcelona maintains a diverse produc-                                                                                                             Barcelona is receiving an increasing flow of investment for
 Annual variation of GDP growth rates at constant prices
                                                                            tion structure, with a strong services industry and a sig-                                                                                                           the creation of management centres, research and distribu-
                                      2006                       2007                                                                                            FOREIGN INVESTMENT
                                                                            nificant industrial base.                                                                                                                                            tion centres, software development centres and design cen-
                                                                                                                                                                 in million €
                                                                                                                                                                                                                                                 tres in diverse industries such as professional and consumer
                                        3.9                        3.6
Catalonia
                                                                                                                                                                                     2006                     2007       % Variation
                                                                            The production structure can also be analysed in terms of                                                                                                            electronics and the automotive industry.
                                                                                                                                                                                                                              07/06
                                        3.9                        3.8
Spain
                                                                            companies. According to the Central Companies Directory                                                   Total           Total    excluding   excluding
                                                                                                                                                                                                                 Endesa      Endesa
                                                                            of the Spanish National Statistics Institute (INE), 78.1%                                                                                                            These are some of the industries, activities and uses of the
                                        3.1                        2.9
European Union (UE25)
                                                                                                                                                                                                                    sale        sale
                                                                            of firms with employees in Barcelona Province in 2007                                                                                                                future that the city wants to promote. In order to do so, Bar-
                                                                                                                                                                                  2,577.5         2,521.4       2,521.4                -2.2
                                                                            were in the services industry, 14.2% in industry and 7.3%                                                                                                            celona will seek to attract companies and the business of
                                                                                                                                                                Catalonia
                                          Source: Idescat, INE, Eurostat.
                                                                            in construction.                                                                                                                                                     large multinationals in the fields of design, knowledge, dis-
                                                                                                                                                                                  9,751.1       28,849.1 10,077.1                       3.3
                                                                                                                                                                Spain
                                                                                                                                                                                                                                                 tribution and customer-service call centres.
The pattern for recent years shows that, in economic
                                                                                                                                                                                                         Source: Secretary of State for Trade.
                                                                            BUSINESS STRUCTURE
terms, Spain and Catalonia have grown at rates that are                                                                                                                          Note: Total gross investment not including holding companies.
                                                                                                                                                                                                                                                 FOREIGN INVESTMENT TABLE
significantly higher than the E.U. average. In 2007, the
Spanish and Catalan economies grew by 3.8% and 3.6%,                        At the end of 2007, Barcelona Province was home to a
respectively. After an intense period of economic expan-                    total of 477,942 companies, according to the Central                                The Barcelona area is home to a concentration of major,
                                                                                                                                                                                                                                                  NUMBER OF FOREIGN COMPANIES, 2007
sion that lasted for more than a decade, economic indi-                     Companies Directory of the INE. This figure represents                              well-established foreign businesses, and it is an important
                                                                                                                                                                                                                                                                                                           1,369
                                                                                                                                                                                                                                                 Barcelona
cators in 2008 showed results in keeping with the global                    14% of all Spanish companies and 76.3% of all Catalan                               centre for attracting foreign investment, particularly in in-
economic slowdown.                                                          companies.                                                                          dustry and the high-level service industry. There are over                                                                                 2,880
                                                                                                                                                                                                                                                 Barcelona Province
                                                                                                                                                                3,000 foreign companies operating in Catalonia, amoun-
                                                                                                                                                                                                                                                                                                           3,116
                                                                                                                                                                                                                                                 Catalonia
Barcelona’s economic growth in recent years has placed it                                                                                                       ting to approximately 34% of foreign companies in Spain.
                                                                            EMPLOYMENT
among the cities with the strongest economies in the                                                                                                            Foreign firms generate around 11% of jobs and account
world, according to a study carried out at the start of 2007                                                                                                    for 20% of the total turnover of companies located in Ca-                                                                 Source: Invest in Catalonia

by the accounting firm PriceWaterhouseCoopers. Barce-                       According to official job-market data, the employment rate                          talonia. Approximately 90% of the foreign companies in
lona is ranked 31st on the list, above cities such as                       among citizens of working age in Catalonia and the city of                          Catalonia are found in the Barcelona area.
                                                                                                                                                                                                                                                  FOREIGN INVESTMENT IN CATALONIA, 1998-2007
Shanghai and Singapore, out of the 36 cities with the                       Barcelona is high compared to the European average and
                                                                                                                                                                                                                                                  In thousands of euros
strongest economies, which together account for 16% of                      the rest of Spain. The unemployment rate in Barcelona                               Well-established firms in the region tend to act strategi-                                                                        c 22,223,844
world production.                                                           and Catalonia is higher than the European objective for                             cally by making new investments aimed at moving subsi-
                                                                                                                                                                                                                                                 Percentage of Spanish total (*)                          17.80%
                                                                            2010 (70%) set at the Lisbon European Council. Further-                             diaries towards activities that generate higher levels of
                                                                            more, the rate of unemployment, which surveys estimated                             added value. The chief reason for this is the high satis-
                                                                                                                                                                                                                                                                                           (*) Excluding Endesa sale.
ACTIVITY BY INDUSTRY                                                        to be at 7%, is also lower than the European average. Com-                          faction level (97%) of the companies already operating in
                                                                            pared to its neighbours, Barcelona’s job market is holding                          the Barcelona area.
Barcelona has a long, substantial history of traditional ma-                strong against the global economic downturn experienced                                                                                                               FOREIGN INVESTMENT IN CATALONIA, 2007
nufacturing activities, and for many years has been Spain’s                 since the end of 2007.                                                              The Barcelona economic area brings together 70% of all the
                                                                                                                                                                                                                                                                                                            -2.2%
                                                                                                                                                                                                                                                 Growth, 2006-2007
leading producer in a variety of industries: automotive,                                                                                                        Japanese firms in Spain and over 50% of the German, French
chemical and pharmaceutical, food, publishing, consumer                     The number of immigrants in Barcelona has increased se-                             and American firms. The chemical, pharmaceutical and au-                                                                                      25%
                                                                                                                                                                                                                                                 Percentage of Spanish total (*)
electronics, etc. Many of these industries left the city over               venfold in the space of a single decade, and the fact that                          tomotive industries account for more than 50% of the foreign
time and, during the last few decades, they have moved to                   most of them are of working age has rejuvenated the city’s                          industrial companies present in the area, with the services                                                                (*) Excluding Endesa sale.
                                                                                                                                                                                                                                                                                                                                        15
                                                                                                                                                                                                                                                                                                                                   14
the outlying metropolitan area and other locations. As a re-                employed population.                                                                industry accounting for 42% and construction 3%.
economic introduction




                                                                                                                                   1.1.5 First-class academic and                                   In 2008, for the tenth year in a row, European executives
                                                                                                                                                                                                    interviewed by the consultancy firm Cushman & Wakefield
                                                                                                                                   international training institutions                              in their annual European Cities Monitor study once again
                                                                                                                                                                                                    rated Barcelona as the city with the best quality of life for
                                                                                                                                   Barcelona’s strong educational tradition has made it a city      workers.
                                                                                                                                   well equipped for continuous improvement in this area. Its
                                                                                                                                   network of educational institutions offers a complete            The Mediterranean climate ensures pleasant, moderate
                                                                                                                                   range of subjects, providing easy solutions to different         temperatures all year round, little rain and many hours of
1.1.4 An internationally recognized                                                                                                educational needs and circumstances.                             sunshine. The warm climate and sunshine – up to 15
position                                                                                                                                                                                            hours of sunshine per day in summer – mean that daily
                                                                                                                                                                                                    life in Barcelona is associated with good weather and being
                                                                                                                                   UNIVERSITIES AND HIGHER EDUCATION
Barcelona is ranked highly on various international lists,                                                                                                                                          outdoors.
which value the city very favourably for its urban character,
layout, and ability to attract foreign capital, entrepreneurial                                                                    Barcelona boasts eight universities: five public (Universi-      Barcelona’s 4.5 kilometres of beaches are the most fre-
approach and great quality of life.                                                                                                tat de Barcelona, Universitat Autònoma de Barcelona, Uni-        quently used leisure areas in the metropolitan area. Peo-
                                                                                                                                   versitat Politècnica de Catalunya, Universitat Pompeu            ple love to swim, sail, sunbathe, stroll, play and enjoy the
                                                                                                                                   Fabra and Universitat Oberta de Catalunya, which is a dis-       sea. Between May and September 2007 they had around
                                                                                                                                   tance-learning university) and three private (Universitat        4.6 million visitors, thanks to their high levels of safety, hy-
 POSITION AND LIST                                                     SOURCE                                               YEAR
                                                                                                                                   Ramon Llull, Universitat Internacional de Catalunya and          giene, facilities and easy access via public transport.
: : No. 1 non-capital city brand                                                                                            2007
                                                                       Anholt City Brands Index
                                                                                                                                   Universitat Abat Oliva CEU). Offices and centres attached
: : No. 9 global city brand, No. 4 in Europe
                                                                                                                                   to other Catalan, Spanish and foreign universities can also      Barcelona also has numerous green areas, parks and gar-
                                                                                                                                   be found in the city.                                            dens spread throughout the city, and 371,334 trees lining
: : No. 1 European city for progress                                                                                        2008
                                                                       European Cities Monitor (Cushman & Wakefield)
                                                                                                                                                                                                    its streets and avenues. Close to the city is Collserola
: : No. 1 European city for quality of life for its workers
                                                                                                                                   As well as the eight universities listed above, the city is      Park, with 8,000 hectares of forest (1,795 of which are
: : No. 5 European city to locate to
                                                                                                                                   home to a number of very prestigious business schools,           within the city limits). This park is one of the largest na-
: : No. 3 European City with the best assets and the strongest brand                                                        2008
                                                                       City Brand Barometer (Saffron)                              including the Instituto de Estudios Superiores de la Em-         tural spaces in the world so close to a city. Less than one
    to match                                                                                                                       presa (IESE), the Escuela Superior en Administración y           hour from Barcelona are other areas and protected natio-
                                                                                                                                   Dirección de Empresas (ESADE) and la Escuela de Alta             nal parks which encourage people to engage in sports and
: : No. 3 European destination for international investment                                                                 2007
                                                                       European Investment Monitor (Ernst & Young)
                                                                                                                                   Dirección y Administración (EADA). In this sector, Barce-        outdoor leisure activities are encouraged.
: : No. 1 Mediterranean City                                           (Baromed)
                                                                                                                                   lona is an internationally recognized brand and there are
                                                                                                                                   few other cities in the world with such a concentration of       Furthermore, the city houses a wealth of cultural riches.
: : No. 1 City in Southern Europe to study in                                                                               2007
                                                                       European Cities Entrepreneurship Rank (ECER)
                                                                                                                                   top-level business schools. Many foreign students come           There are 913 monuments such as sculptures, fountains
                                                                                                                                   to Barcelona each year to study business administration.         and other public artworks which can be enjoyed when wal-
: : Not ranked among the 30 most expensive cities in the world                                                              2007
                                                                       World-wide cost of living survey
                                                                                                                                                                                                    king around the city, 49 museums, 46 theatres, over 200
    to live in                                                         (MERCER, Human Resources Consulting)
                                                                                                                                                                                                    cinemas and a myriad concerts and festivals that take
: : No. 1 European city with a prestigious city brand                                                                       2006   INTERNATIONAL SCHOOLS
                                                                       Branding Communication Strategies (Porter Novelli)                                                                           place throughout the year. Barcelona’s priceless architec-
                                                                                                                                                                                                    tural heritage, with Roman ruins and Romanesque, Got-
: : One of the 5 coolest cities in Europe                                                                                   2007
                                                                       Europe’s Coolest Cities (Der Spiegel)                       In Barcelona and its metropolitan area, there are a num-         hic, Modernist and contemporary architecture, plays an
                                                                                                                                   ber of international schools which teach their syllabuses        important part in attracting visitors. Barcelona is the only
: : Within the club of the strongest cities in the world                                                                    2007
                                                                       Estudi de PriceWaterhouseCoopers
                                                                                                                                   in accordance with their country of origin. There are a total    city in the world to have nine buildings declared World He-
                                                                                                                                   of 27 schools teaching in five different languages: English,     ritage Sites by UNESCO.
: : No. 5 city in the world for international meetings                                                                      2007
                                                                       World Country & City Rankings 2006 (ICCA)
                                                                                                                                   French, German, Italian and Japanese.
                                                                                                                                                                                                    Besides all the above, the area offers first-class public
: : No. 4 European city for available exhibition space                                                                      2007
                                                                       Rànquing Europeu Recintes Firals (AUMA)
                                                                                                                                                                                                    and private services (such as education, healthcare etc.),
    (280,000 m2)
                                                                                                                                                                                                    and its businesses have a strong commitment to environ-
                                                                                                                                   1.1.6 Quality of life: a city for living                         mental issues, respecting quality standards and preven-
                                                                                                                                                                                                    ting hazards in the workplace. This, combined with
                                                                                                                                   and working                                                      high-quality, low-cost public transport, makes Barcelona a
                                                                                                                                                                                                    very attractive city to live in as well as a great place to do
                                                                                                                                   Barcelona is a dynamic, modern and diverse city, which           business.
                                                                                                                                   for centuries has combined a strong entrepreneurial, com-
                                                                                                                                   mercial and business spirit with the art of living well and
                                                                                                                                   enjoying cultural vitality and a high-quality urban lifestyle.



                                                                                                                                                                                                                                                                                       17
                                                                                                                                                                                                                                                                                  16
economic introduction




1.1.7 New urban-planning projects                                                                                                                                                                     GRAN VIA BUSINESS DISTRICT (HOSPITALET)
                                                                    AIRPORT:                                                         b_TEC is a space for generating and transmitting know-
                                                                                                                                                                                                      AND ENLARGEMENT OF THE FIRA DE
                                                                                                                                     ledge and innovation. It is based on the “triple helix”
                                                                                                                                                                                                      BARCELONA
                                                                    ::   Distance to the city centre: 7 km
Barcelona is a dynamic city that is reinventing itself for                                                                           model of the confluence of science and technology, public
                                                                    ::   New passenger terminal
the future. It is currently in the middle of the most impor-                                                                         administration and business. A campus building, offices,
                                                                                                                                                                                                      ::   Distance to the city centre: 5.5 km
                                                                    ::   High-speed-train station (TAV)
tant urban and economic transformation in its recent his-                                                                            buildings for university and business use, the Barcelona
                                                                                                                                                                                                      ::   Size: 163 hectares
                                                                    ::   Enlargement of the freight zone
tory. The new projects looking towards the future aim to                                                                             School of Industrial Engineering, the Energy Park, student       ::   30,000 jobs
                                                                    ::   Airport city (complementary services and activities)
consolidate and build upon the city’s economic develop-                                                                              residences and commercial premises will be constructed.               260,800 m2 for new housing
                                                                                                                                                                                                      ::
                                                                    ::   Better access by road, rail and metro
ment, in accordance with the new parameters of the know-
ledge society, sustainability, internationalization, social
                                                                                                                                     GLÒRIES SQUARE AND SURROUNDING AREA
cohesion and quality of life.
                                                                    This is an ambitious project to remodel and enlarge the                                                                           Remodelling of the area along the Gran Via in Hospitalet to
                                                                                                                                     ::   Distance to the city centre: 2.5 km
The scope of some of these projects reaches beyond the              airport and port facilities in order to improve the hand-                                                                         the Barcelona city limits will convert the area into one of
                                                                                                                                     ::   Cost: €600 million
city limits and into the surrounding area, representing a           ling of passengers (up to 70 million for the airport) and                                                                         the metropolitan area’s economic engines. The project in-
                                                                                                                                     ::   Involves 36 city blocks
strong investment in the metropolitan area as a whole.              cargo in terms of quality and quantity, and to improve                                                                            cludes enlargement of the exhibition centre: its area will be
                                                                                                                                     ::   19-ha city square
                                                                                                                                                                                                      tripled to 240,000 m2, giving it an exhibition space of
                                                                    intermodal connections with other forms of transport
                                                                                                                                                                                                      130,000 m2
Some of the most emblematic projects are outlined                   (road, rail and metro).
below:
                                                                    A key objective is to convert Barcelona Airport into an in-      Glòries Square and the surrounding area are to be remo-
                                                                    ternational hub ready to respond to the predicted de-            delled, with the aim of converting them into one of the city’s
22@: BARCELONA’S INNOVATION DISTRICT                                mands for growth up to 2025. Regarding the port, its             largest green areas and a major public transport hub. The
                                                                    enlargement will be completed in 2010 and it will be the         current ring overpass will be replaced by a series of under-
::   Distance to the city centre: 2.5 km                            most important logistics centre in Southern Europe.              ground carriageways, and an underground public transport
::   Size: 200 hectares
                                                                                                                                     hub connecting trains, the metro system and tram network
     3.2 million m2 for production activities
::
                                                                                                                                     will be constructed. The surrounding area will be remodelled
::   €180-million infrastructure plan
                                                                    SAGRERA - SANT ANDREU                                            with the construction of new homes (approximately 1,200
::   An estimated 150,000 new jobs
                                                                                                                                     apartments, of which 55% will be public housing), offices
::   4,000 new public-housing units                                 ::   Distance to the city centre: 6.5 km
                                                                                                                                     and other facilities.
::   €12 billion of economic operating potential                    ::   Size: 163 hectares
                                                                    ::   53.5 hectares of green areas and a 5-km green corridor
                                                                    ::   Construction of over 8,000 homes
                                                                                                                                     NEW MARINA NEIGHBOURHOOD
The old industrial district of Poblenou will be transformed
                                                                                                                                     ::   Distance to the city centre: 5 km
into a new technological and innovation district to promote                                                                          ::   Size: 75 hectares, 12 hectares of green areas
the establishment of high-level activities in the services in-      The Sagrera-Sant Andreu project involves the renovation of       ::   About 12,000 new homes, housing 30,000 people
dustry and knowledge-intensive industries. The district will        a large part of the city in order to construct the new central        315,000 m2 available for business
                                                                                                                                     ::
be put to a variety of uses and will be a place for living and      station for high-speed trains. The station will also have con-
working. 22@ promotes the concentration of activities in            nections to suburban train services, the bus network and
five strategic industries: multimedia and audiovisual, IT, bio-     the metro system. The existing lines will be roofed over, and                                                                     BET-BARCELONA ECONOMIC TRIANGLE
medicine, energy and design.                                        various surrounding neighbourhoods will be remodelled. A         A new neighbourhood will be created for both residential
                                                                                                                                                                                                      ::   Size: 3243 hectares
                                                                    mobility museum will also be built.                              and commercial use in a former industrial area in Barce-
                                                                                                                                                                                                           International Gateway (LLobregat Area): 4.424.000 m2
                                                                                                                                                                                                      ::
                                                                                                                                     lona’s Zona Franca district. Use of the area will be divided
                                                                                                                                                                                                           22@Innovation & Creativity (Besós Area): 3.708.600 m2
                                                                                                                                                                                                      ::
ENLARGEMENT OF THE PORT AND AIRPORT                                                                                                  as follows: 30% roads, 35% residential and business, and
                                                                                                                                                                                                           Mediterranean Corridor (Vallès Area): 2.678.100 m2
                                                                                                                                                                                                      ::
                                                                    B_TEC: BESÒS INTER-UNIVERSITY CAMPUS                             31% public spaces and green areas.
PORT
                                                                                                                                                                                                           10.810.700 m2 for new economic activities
                                                                                                                                                                                                      ::
::   Distance to the city centre: 2 km                              ::   Distance to the city centre: 7.5 km
::   Doubling of the sea area to 786 hectares                       ::   Size: 8 hectares
::   Doubling of the land area to 1,265 hectares                         148,000 m2 of land available for building
                                                                    ::
::   Extension of the wharves to 29,702 m                           ::   2,000 students and 180 teachers (first phase)
                                                                                                                                                                                                      Three consolidated areas of economic activity that have
::   Enlargement of the logistics activities zone by 200 hectares
                                                                                                                                                                                                      large projects in progress and many investment opportuni-
                                                                                                                                                                                                                                                                                      19
                                                                                                                                                                                                                                                                                 18
                                                                                                                                                                                                      ties, with tremendous potential and future prospects.
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment
Barcelona A Good Investment

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Barcelona A Good Investment

  • 1.
  • 2. LIBRARY OF CATALONIA (BIBLIOTECA DE CATALUNYA) CIP INFORMATION Barcelona, a good investment : practical guide for making business investments in Barcelona I. Carranza, Isabel, ed. II. Sancho, Fina, ed. III. Forga Alart, Elisabeth, ed. IV. ACC1Ó V. Barcelona. Sector de Promoció Econòmica 1. Inversions estrangeres – Barcelona – Manuals, guies, etc. 2. Empreses – Creació – Barcelona – Manuals, guies, etc. 3. Barcelona – Condicions econòmiques – Manuals, guies, etc. 338.1(467.1 Ba Barcelona) CREDITS BARCELONA, EDITION BARCELONA CITY COUNCIL Economic Promotion sector Llacuna 162, 1st floor A GOOD 08018 - Barcelona - Spain Phone: +34 93 256 39 29 proeconomica-ajbcn@bcn.cat INVESTMENT ACC1Ó CIDEM|COPCA Invest in Catalonia Passeig de Gràcia, 129 Practical guide for making business investments in Barcelona 08008 - Barcelona-Spain Phone: + 34 93 476 72 00 catalonia@cidem.gencat.cat COORDINATION Isabel Carranza - Barcelona City Council Fina Sancho i Elisabet Forga - ACC1Ó DESIGN G.Gràfic Comunicació PRINTING Cevagraf, S.C.C.L. D.L.: B-8742-2009 Barcelona, March, 2009 No. of copies: 1.000
  • 3. Mediterranean, cosmopolitan, entrepreneurial, open and As the Minister of Innovation, Universities and Enterprise tolerant, Barcelona is a dynamic, trendsetting city that is streng- of the Catalan government, it is my pleasure to welcome you and thening its personality and promotes creativity, talent, innovation and an in- thank you for your interest in this publication. ternational outlook. Thanks to all these factors, the Barcelona area boasts When entrepreneurs choose a location for their company and when companies one of the highest levels of development potential in Europe and has be- make a new business investment, they must evaluate the full range of factors that come a very attractive place to set up a company. can directly help them make their decision. This is the second edition of Barcelona: A Good Investment, the practical Catalonia boasts many of these factors: a dense, diversified business commu- guide to doing business in the city. It was jointly produced by Barcelona City nity; good communications; a modern taxation system; good general services; Council’s Department of Economic Promotion and the Catalan government’s qualified human resources; efficient suppliers; incentives for companies; exce- ACC1Ó agency, and provides useful, practical information for anyone inte- llent quality of life; and government policies that take special care to create a fa- rested in starting up a company and doing business in Barcelona. vourable atmosphere for business. Catalonia has talent, knows how to face new challenges, and offers major pre- Barcelona’s long industrial tradition, coupled with its dense business com- sent and future opportunities in the fields of innovation, research and develop- munity, generates an important centre for attracting foreign investment, par- ment, design and creativity. ticularly in industry, advanced services and new economic activities. Around 3,000 foreign companies are located in Catalonia, which represents 25% of The fact that Barcelona, the capital of Catalonia, was recently selected as the he- foreign investment in Spain. Increasingly, companies looking towards the fu- adquarters of the Secretariat of the Union for the Mediterranean has consolida- ture are choosing to set up in Barcelona, and we are proud to say that once ted the city’s reputation as a reference point on the Mediterranean, and has they are here, their expectations are completely satisfied. Similarly, compa- positioned it as a major hub for Euro-Mediterranean relations and a promoter of nies already established in the city often act strategically by making new in- knowledge, research and innovation. This development opens the door to new vestments aimed at moving towards activities of greater added value. challenges and opportunities for companies and entrepreneurs in a new frame- work of cooperation between the European Union and the countries on the sou- This guide provides socioeconomic data on Barcelona and information about thern shore of the Mediterranean. new town-planning projects and activity in strategic sectors. It also provides The Economic Promotion Sector of Barcelona City Council and ACC1Ó, which be- a schematic outline of the steps to be taken to start a business activity. longs to the Catalan Ministry of Innovation, Universities and Enterprise, have pu- blished this guide with the aim of providing a detailed view of how Catalonia and We hope that this second edition of our guide will be of help in your decision Barcelona combine all these factors, and of offering useful, practical information to do business in Barcelona, and that it will speed up the process of enga- for investors to answer any questions they may have regarding starting up and ging in new economic activity. developing business projects in Catalonia. ACC1Ó is staffed by a professional team with multidisciplinary experience that is We look forward with pleasure to welcoming you to Barcelona and Catalonia. committed to your investment project and will work with your company before, du- ring and after the project has started. JORDI HEREU I BOHER I would like to conclude by congratulating and encouraging all the entrepreneurs who Mayor of Barcelona have created or will create companies in Catalonia. Each of you is and will be a key part of our business community and one of the economic drivers of Catalonia. JOSEP HUGUET I BIOSCA Minister of Innovation, Universities and Enterprise
  • 4. BARCELONA ACTIVA: SERVICES FOR ACTION PRINCIPLES ENTREPRENEURS, EUROFFICE PROGRAMME, BARCELONA NETACTIVA :: The company as client :: Contribution of value Barcelona Activa is the municipal agency that hand- :: “Made to measure” BARCELONA CITY COUNCIL: les local development and is the leader in accom- :: Confidentiality INTERNATIONAL ECONOMIC PROMOTION ACC1Ó- INVEST IN CATALONIA panying entrepreneurs. :: Rapid response :: Teamwork International Economic Promotion is the Barcelona ACC1Ó is the agency for business innovation and in- :: Creation of synergies EUROFFICE City Council department that offers advisory servi- With 60 members, the EurOffice programme aims ternationalization that forms part of the Catalan Mi- :: “One-stop shop” ces to companies, professionals and institutions in- to facilitate access by innovative SMEs to interna- nistry of Innovation, Universities and Enterprise. It :: Dealing with incidents terested in setting up and doing business in tional markets through exchange and the promo- has an ample scope that includes the business com- Barcelona. It also offers a wide range of services for tion of services to provide advice on business munity, entrepreneurs, universities, the public admi- SERVICES international companies that are already working in internationalization. nistration, private investment and markets. the city and are interested in expanding. Guidance Service for Foreign Companies The programme is a network of the best business Invest in Catalonia, forms part of the ACC1Ó Inter- At the same time, International Economic Promotion incubators and science and technology parks in Eu- nationalization Centre, whose mission is to attract fi- : : Business context: basic information on the busi- works towards increasing Barcelona’s financial rope and the rest of the world to help share re- nancially and technologically sound business ness environment, legal framework, macroeconomic flows, including inward flows (attracting investments, sources and knowledge with the aim of providing investment to Catalonia that will generate wealth data companies, professionals, institutions, congresses, support for business internationalization. The net- and stable, quality employment. The objectives of In- : : Industry knowledge: industry reports, statistics etc.) and outward flows (international promotion of work allows companies to participate in technology vest in Catalonia’s advisory and management pro- : : Information on incentives and financing the city’s professionals, products and services). environments all over the world and to launch their grammes are as follows: : : Organization of meetings with foreign companies products and services on new markets. located in Catalonia : : To attract high-impact business investments. : : Visits to business locations SERVICES :: Contacts with official institutions and organizations BARCELONA NETACTIVA The Barcelona NetActiva virtual innovation environment : : To promote new investments, reinvestments and Investment Project Management Service : : Economic information that has been processed is a platform that provides a community of 732 com- business expansion in Catalonia. and personalized to help make decisions about panies with access to a set of specific services for ac- : : An experienced, professional, multidisciplinary where to locate a business, as well as market re- tive companies, as well as tools for business : : To promote the development of new business ac- team that offers technical assistance in all project search and macroeconomic analysis. cooperation such as a business opportunities forum, a tivities in keeping with the economic situation in Ca- phases: planning, development, implementation : : Barcelona Seminars: sessions for institutional virtual school for entrepreneurs and other services. talonia. and follow-up. groups and business delegations that provide full im- > www.barcelonactiva.es Specialized Services mersion in the economic situation in Barcelona: the : : To encourage business investments based on re- city’s past, current projects and future prospects. gional balance, especially in areas affected by the : : Specialized Service of Advice on Incentives and 22@BCN :: Advice and accompaniment on foreign investment withdrawal of assets and relocation processes. Financing projects and business. : : Specialized Service on Locating a Business : : Organization of business agendas and matchma- 22@Barcelona is the largest urban-renewal project in : : To be a bridge between companies and the public Service to Detect Investment Opportunities king service. the city of Barcelona. It involves a 200-hectare area of administration for business investments in Catalonia. : : Business landing platform: office space is made industrial land in the city’s Poblenou district. This in- With more than 20 years of experience abroad, available to international companies (Barcelona Bu- itiative constitutes a new city model that will respond to : : To provide support to the consolidation of the Ca- ACC1Ó has a network of 38 international offices. siness Corner, Barcelona Activa’s International In- the challenges of the knowledge society. In this model talan business community by finding new partners The aim of the more than 150 professionals who cubator, international business landing platform in of a compact city, the most innovative companies work and assistance for technology and production agree- work there is to: 22@bcn). side by side with universities, research centres, training ments with foreign firms. :: Attract investment in segments that are strategic :: Internationalization support for local companies. institutions and transfer-technology centres, as well as for Catalonia. Business missions to international markets (busi- residents, public services and parks. : : To provide personalized professional advice to :: Promote specific actions to attract and implement ness bridges and technology bridges), in collabora- each investor. investments. > www.22barcelona.com tion with the Chamber of Commerce. : : Encourage collaboration between Catalan com- panies (technology transfer, know-how, etc.). >www.bcn.cat/barcelonabusiness > www.acc10.cat
  • 5. INDEX 10 Good reasons to invest in Barcelona 1 Economic introduction 12 1.1 Main economic indicators 22 1.2 Strategic and emerging industries (clusters) 1.3 Location, the property market, facilities for business landing platforms 36 and international entrepreneurs 2 How to start doing business in Barcelona 40 2.1 Main ways to do business 2.2 Procedures for starting to do business 43 2.3 Tax system: taxes and deductions 46 2.4 Work and residence permits 49 2.5 Employment system 51 2.6 Grants, subsidies and financing 55 3 Useful Addresses 3.1 By topic 60
  • 6. : : Owing to its strategic geographical location, : : Barcelona’s international standing is recogni- Barcelona is Europe’s southern gateway and pro- zed by its high ranking among cities thanks to its vides excellent access to markets in North Africa, very favourable conditions for investors, its en- the Mediterranean region and Latin America. The trepreneurial approach, urban character, quality of city also connects to sea routes to Asia through life, international conferences and meetings, and the Suez Canal, and all its most important logis- prestigious city brand. tics and commercial infrastructure - namely the port, airport, duty-free zone, logistics parks and the Fira de Barcelona exhibition centre - is less : : Barcelona is an ideal city for living and working. than 5 km from the city centre. It offers the best quality of life of any city in Europe, with its stable Mediterranean climate, sunshine, beaches, wide range of cultural and leisure acti- : : The Barcelona metropolitan area boasts com- vities, modern healthcare system open to ever- GOOD REASONS prehensive transport infrastructure, including a yone and more than 4,500 educational motorway network that connects it to the rest of institutions. It also has a comprehensive public Europe, the fastest-expanding airport in Europe transport network and is surrounded by green TO INVEST and the largest port in Spain that is the leader in areas. the Mediterranean region in terms of container traffic. The high-speed train connects the city to IN BARCELONA the rest of Spain and will connect it to the Euro- : : The city is a great source of highly skilled pean network by 2011. The city also has an ex- human resources. The wide range of academic cellent public transport system (train, metro, bus, institutions includes 5 public and 3 private uni- tram and bicycle-rental scheme). versities, prestigious business schools such as Barcelona possesses many advantages that make it a great IESE, ESADE and EADA, and 27 international schools. It is a preferred destination for foreign city in which to live, work and do business. It is therefore : : Barcelona is the centre of a large, dynamic, di- students, who are drawn to the extensive use of very attractive for new commercial activities because of all verse economic area with an area of influence of new technologies and the city’s proactive approach its competitive advantages. 4.8 million people in the greater metropolitan towards innovation and creativity. area, 7.2 million in Catalonia as a whole and 18 million in the Mediterranean Arc stretching from Spain to the south of France. GDP grew by over : : Furthermore, Barcelona is not standing still. 3% in 2007, and 70% of Catalonia’s GDP is con- Urban transformation and renewal is taking place centrated in the city. Barcelona is ranked sixth in in many areas of the city: the port and airport are terms of population among urban areas in Europe being enlarged and new logistics parks are under and fifth in terms of industrial concentration. construction; the high-speed train is up and run- ning and public-transport projects are given high priority; the Sagrera-Sant Andreu, Marina and Ver- : : The chemical, pharmaceutical, automotive, me- neda neighbourhoods are being remodelled; in- tallurgical, textile, food, consumer-electronics and vestments are being made in technology and graphic-design industries have a long-standing innovation in the 22@ district; science and tech- presence in Barcelona, while new ones are also nology parks are being expanded; the Fira de Bar- emerging, including aeronautics, information and celona exhibition centre’s role as an economic communication technologies (ICTs), biotech, the driver is being consolidated; and the city’s green media, energy, agri-food and design, which are spaces and woods in Tres Turons Park, Montjuïc grouped in knowledge clusters. and Collserola are being extended. : : Barcelona is considered Europe’s fifth-best city : : The property market offers a wide and cons- for business, and its greater metropolitan area is tantly expanding range of offices, commercial pre- a consolidated base that is home to the largest mises and industrial buildings with an excellent number of foreign businesses in Spain. These quality-price ratio. City neighbourhoods under- 2,700 companies account for more than half of going urban renewal offer new housing incentives. the Japanese, French, German, American, Italian and Dutch companies that have offices in Spain. The city has furthermore consolidated itself as a : : Barcelona City Council and the Catalan go- home for the European divisions of multinational vernment work side by side with business, and corporations. the traditional, close relationship they have enjo- yed through public-private partnerships has been a key factor in the city’s transformation. Both bo- dies have services and teams dedicated to sup- porting companies and developing business.
  • 7. 1.1 Main economic economic introduction indicators 1.1.1 Essential information about Demographically, the city of Barcelona is becoming increa- the city singly richer in diversity, with over 280,000 foreign resi- dents from more than 150 countries, amounting to 17.3% of the total population (as of January 2008). Looking at re- BARCELONA’S LOCATION cent immigration by continent, South America tops the list with 45.5%, owing to the many Latin Americans who live in Barcelona is the economic, cultural and administrative capi- the city; second is Europe with 30.3%; third is Asia with tal of Catalonia and one of the foremost cities in Spain and 16.8%; and, finally, Africa accounts for 7.3%. the European Union. It is the centre of an extensive metro- politan area made up of more than 217 towns, and is home LAND AREA AND POPULATION (JANUARY 2007) to 4.8 million inhabitants (10.7% of the population of Spain). Population Population Land area Density (km2) January (inhab. as % of Located on the Mediterranean coast in Northeastern /km2) 2007 Spanish Spain, Barcelona’s level of urban density is one of the total (%) highest in Europe, with almost 1.6 million people living 1,595,110 3.5% 101 15,793 Barcelona in an area of just 100 square kilometres. 4,856,579 10.7% 3,236 1,501 Metropolitan area The city is at the forefront of the Mediterranean Arc, an emerging area of economic activity in Southern Europe Catalonia 7,210,508 16.0% 31,895 226 which includes Southeast France, the Balearic Islands, 1 Spain the regions of Valencia and Aragon in Spain, which has 45,200,737 100.0% 505,988 89 a combined population of 17 million. Source: Barcelona City Council, Spanish National Statistics Institute (INE). The Barcelona metropolitan area is ranked sixth in terms of population among urban areas in Europe and fifth in terms of industrial concentration. The influx of immigrants into Barcelona has rejuvenated the population pyramid and increased the city’s active po- pulation. Specifically, the percentage of children under 15 LOCATION MAP in relation to the overall population has increased, while the percentage of people over 65 has decreased. 53% of the foreigners living in Barcelona are male and 47% are fe- male, and their average age is 32. FOREIGNERS IN BARCELONA BY CONTINENT OF ORIGIN ECONOMIC INTRODUCTION 13 12 Source: Barcelona City Council (January 2007).
  • 8. 1.1.2 A diversified economic structure sult, the city has focused on the services industry, which economic introduction now employs 83.1% of the working population. The Catalan economy has traditionally been one of Spain’s economic engines, and still has the highest GDP in abso- lute terms of all Spain’s autonomous communities. EMPLOYMENT STRUCTURE percentage of workers by economic sector, 2007 According to data from the Catalan Statistics Institute Barcelona Catalonia Spain (Idescat), the Catalan economy generated €208.63 billion 0.2% 0.5% 0.6% Agriculture of output in 2007, i.e. 19.87% of the Spanish total. Ca- talonia is the region that contributes most to Spain’s GDP , 11.0% 20.0% 16.5% Industry and the second-largest in terms of population. 5.6% 10.3% 13.0% Construction 83.1% 69.4% 69.9% Services GDP AT MARKET PRICES 1.1.3 Foreign investment in Barcelona Spain Catalonia Catalonia as a % The area also continues to be a key destination for highly 100.0% 100.0% 100.0% Total (€ millions) (€ millions) of Spain specialized services, including administrative, financial In 2007, Catalonia received €2,521 million in foreign direct and marketing services centres. These centres are lea- 904,323 181,029 20.02% 2005 Source: Barcelona City Council and Idescat. investment, a figure almost exactly the same as that for ding the current process of transforming companies into Note: Figures are for workers who are registered in the Social Security system; 976,189 195,284 20.00% 2006 Barcelona figures also include those who are self-employed. 2006, confirming that in recent years the level of foreign in- network structures with autonomous units in different lo- vestment has been stable. In Spain, the figure was €28,850 cations. 1,049,848 208,627 19.87% 2007 The percentage of workers in the services industry in Bar- million, triple that of the previous year, thanks largely to one celona is considerably lower than that of other large cities important event which represented 65% of the total, namely Source: Idescat, INE. TRENDS such as Paris, London and Frankfurt, where the services the sale of the electricity provider Endesa to the Italian com- industry accounts for 95% of the economy. Therefore, it pany Enel. ECONOMIC GROWTH could be said that Barcelona maintains a diverse produc- Barcelona is receiving an increasing flow of investment for Annual variation of GDP growth rates at constant prices tion structure, with a strong services industry and a sig- the creation of management centres, research and distribu- 2006 2007 FOREIGN INVESTMENT nificant industrial base. tion centres, software development centres and design cen- in million € tres in diverse industries such as professional and consumer 3.9 3.6 Catalonia 2006 2007 % Variation The production structure can also be analysed in terms of electronics and the automotive industry. 07/06 3.9 3.8 Spain companies. According to the Central Companies Directory Total Total excluding excluding Endesa Endesa of the Spanish National Statistics Institute (INE), 78.1% These are some of the industries, activities and uses of the 3.1 2.9 European Union (UE25) sale sale of firms with employees in Barcelona Province in 2007 future that the city wants to promote. In order to do so, Bar- 2,577.5 2,521.4 2,521.4 -2.2 were in the services industry, 14.2% in industry and 7.3% celona will seek to attract companies and the business of Catalonia Source: Idescat, INE, Eurostat. in construction. large multinationals in the fields of design, knowledge, dis- 9,751.1 28,849.1 10,077.1 3.3 Spain tribution and customer-service call centres. The pattern for recent years shows that, in economic Source: Secretary of State for Trade. BUSINESS STRUCTURE terms, Spain and Catalonia have grown at rates that are Note: Total gross investment not including holding companies. FOREIGN INVESTMENT TABLE significantly higher than the E.U. average. In 2007, the Spanish and Catalan economies grew by 3.8% and 3.6%, At the end of 2007, Barcelona Province was home to a respectively. After an intense period of economic expan- total of 477,942 companies, according to the Central The Barcelona area is home to a concentration of major, NUMBER OF FOREIGN COMPANIES, 2007 sion that lasted for more than a decade, economic indi- Companies Directory of the INE. This figure represents well-established foreign businesses, and it is an important 1,369 Barcelona cators in 2008 showed results in keeping with the global 14% of all Spanish companies and 76.3% of all Catalan centre for attracting foreign investment, particularly in in- economic slowdown. companies. dustry and the high-level service industry. There are over 2,880 Barcelona Province 3,000 foreign companies operating in Catalonia, amoun- 3,116 Catalonia Barcelona’s economic growth in recent years has placed it ting to approximately 34% of foreign companies in Spain. EMPLOYMENT among the cities with the strongest economies in the Foreign firms generate around 11% of jobs and account world, according to a study carried out at the start of 2007 for 20% of the total turnover of companies located in Ca- Source: Invest in Catalonia by the accounting firm PriceWaterhouseCoopers. Barce- According to official job-market data, the employment rate talonia. Approximately 90% of the foreign companies in lona is ranked 31st on the list, above cities such as among citizens of working age in Catalonia and the city of Catalonia are found in the Barcelona area. FOREIGN INVESTMENT IN CATALONIA, 1998-2007 Shanghai and Singapore, out of the 36 cities with the Barcelona is high compared to the European average and In thousands of euros strongest economies, which together account for 16% of the rest of Spain. The unemployment rate in Barcelona Well-established firms in the region tend to act strategi- c 22,223,844 world production. and Catalonia is higher than the European objective for cally by making new investments aimed at moving subsi- Percentage of Spanish total (*) 17.80% 2010 (70%) set at the Lisbon European Council. Further- diaries towards activities that generate higher levels of more, the rate of unemployment, which surveys estimated added value. The chief reason for this is the high satis- (*) Excluding Endesa sale. ACTIVITY BY INDUSTRY to be at 7%, is also lower than the European average. Com- faction level (97%) of the companies already operating in pared to its neighbours, Barcelona’s job market is holding the Barcelona area. Barcelona has a long, substantial history of traditional ma- strong against the global economic downturn experienced FOREIGN INVESTMENT IN CATALONIA, 2007 nufacturing activities, and for many years has been Spain’s since the end of 2007. The Barcelona economic area brings together 70% of all the -2.2% Growth, 2006-2007 leading producer in a variety of industries: automotive, Japanese firms in Spain and over 50% of the German, French chemical and pharmaceutical, food, publishing, consumer The number of immigrants in Barcelona has increased se- and American firms. The chemical, pharmaceutical and au- 25% Percentage of Spanish total (*) electronics, etc. Many of these industries left the city over venfold in the space of a single decade, and the fact that tomotive industries account for more than 50% of the foreign time and, during the last few decades, they have moved to most of them are of working age has rejuvenated the city’s industrial companies present in the area, with the services (*) Excluding Endesa sale. 15 14 the outlying metropolitan area and other locations. As a re- employed population. industry accounting for 42% and construction 3%.
  • 9. economic introduction 1.1.5 First-class academic and In 2008, for the tenth year in a row, European executives interviewed by the consultancy firm Cushman & Wakefield international training institutions in their annual European Cities Monitor study once again rated Barcelona as the city with the best quality of life for Barcelona’s strong educational tradition has made it a city workers. well equipped for continuous improvement in this area. Its network of educational institutions offers a complete The Mediterranean climate ensures pleasant, moderate range of subjects, providing easy solutions to different temperatures all year round, little rain and many hours of 1.1.4 An internationally recognized educational needs and circumstances. sunshine. The warm climate and sunshine – up to 15 position hours of sunshine per day in summer – mean that daily life in Barcelona is associated with good weather and being UNIVERSITIES AND HIGHER EDUCATION Barcelona is ranked highly on various international lists, outdoors. which value the city very favourably for its urban character, layout, and ability to attract foreign capital, entrepreneurial Barcelona boasts eight universities: five public (Universi- Barcelona’s 4.5 kilometres of beaches are the most fre- approach and great quality of life. tat de Barcelona, Universitat Autònoma de Barcelona, Uni- quently used leisure areas in the metropolitan area. Peo- versitat Politècnica de Catalunya, Universitat Pompeu ple love to swim, sail, sunbathe, stroll, play and enjoy the Fabra and Universitat Oberta de Catalunya, which is a dis- sea. Between May and September 2007 they had around tance-learning university) and three private (Universitat 4.6 million visitors, thanks to their high levels of safety, hy- POSITION AND LIST SOURCE YEAR Ramon Llull, Universitat Internacional de Catalunya and giene, facilities and easy access via public transport. : : No. 1 non-capital city brand 2007 Anholt City Brands Index Universitat Abat Oliva CEU). Offices and centres attached : : No. 9 global city brand, No. 4 in Europe to other Catalan, Spanish and foreign universities can also Barcelona also has numerous green areas, parks and gar- be found in the city. dens spread throughout the city, and 371,334 trees lining : : No. 1 European city for progress 2008 European Cities Monitor (Cushman & Wakefield) its streets and avenues. Close to the city is Collserola : : No. 1 European city for quality of life for its workers As well as the eight universities listed above, the city is Park, with 8,000 hectares of forest (1,795 of which are : : No. 5 European city to locate to home to a number of very prestigious business schools, within the city limits). This park is one of the largest na- : : No. 3 European City with the best assets and the strongest brand 2008 City Brand Barometer (Saffron) including the Instituto de Estudios Superiores de la Em- tural spaces in the world so close to a city. Less than one to match presa (IESE), the Escuela Superior en Administración y hour from Barcelona are other areas and protected natio- Dirección de Empresas (ESADE) and la Escuela de Alta nal parks which encourage people to engage in sports and : : No. 3 European destination for international investment 2007 European Investment Monitor (Ernst & Young) Dirección y Administración (EADA). In this sector, Barce- outdoor leisure activities are encouraged. : : No. 1 Mediterranean City (Baromed) lona is an internationally recognized brand and there are few other cities in the world with such a concentration of Furthermore, the city houses a wealth of cultural riches. : : No. 1 City in Southern Europe to study in 2007 European Cities Entrepreneurship Rank (ECER) top-level business schools. Many foreign students come There are 913 monuments such as sculptures, fountains to Barcelona each year to study business administration. and other public artworks which can be enjoyed when wal- : : Not ranked among the 30 most expensive cities in the world 2007 World-wide cost of living survey king around the city, 49 museums, 46 theatres, over 200 to live in (MERCER, Human Resources Consulting) cinemas and a myriad concerts and festivals that take : : No. 1 European city with a prestigious city brand 2006 INTERNATIONAL SCHOOLS Branding Communication Strategies (Porter Novelli) place throughout the year. Barcelona’s priceless architec- tural heritage, with Roman ruins and Romanesque, Got- : : One of the 5 coolest cities in Europe 2007 Europe’s Coolest Cities (Der Spiegel) In Barcelona and its metropolitan area, there are a num- hic, Modernist and contemporary architecture, plays an ber of international schools which teach their syllabuses important part in attracting visitors. Barcelona is the only : : Within the club of the strongest cities in the world 2007 Estudi de PriceWaterhouseCoopers in accordance with their country of origin. There are a total city in the world to have nine buildings declared World He- of 27 schools teaching in five different languages: English, ritage Sites by UNESCO. : : No. 5 city in the world for international meetings 2007 World Country & City Rankings 2006 (ICCA) French, German, Italian and Japanese. Besides all the above, the area offers first-class public : : No. 4 European city for available exhibition space 2007 Rànquing Europeu Recintes Firals (AUMA) and private services (such as education, healthcare etc.), (280,000 m2) and its businesses have a strong commitment to environ- 1.1.6 Quality of life: a city for living mental issues, respecting quality standards and preven- ting hazards in the workplace. This, combined with and working high-quality, low-cost public transport, makes Barcelona a very attractive city to live in as well as a great place to do Barcelona is a dynamic, modern and diverse city, which business. for centuries has combined a strong entrepreneurial, com- mercial and business spirit with the art of living well and enjoying cultural vitality and a high-quality urban lifestyle. 17 16
  • 10. economic introduction 1.1.7 New urban-planning projects GRAN VIA BUSINESS DISTRICT (HOSPITALET) AIRPORT: b_TEC is a space for generating and transmitting know- AND ENLARGEMENT OF THE FIRA DE ledge and innovation. It is based on the “triple helix” BARCELONA :: Distance to the city centre: 7 km Barcelona is a dynamic city that is reinventing itself for model of the confluence of science and technology, public :: New passenger terminal the future. It is currently in the middle of the most impor- administration and business. A campus building, offices, :: Distance to the city centre: 5.5 km :: High-speed-train station (TAV) tant urban and economic transformation in its recent his- buildings for university and business use, the Barcelona :: Size: 163 hectares :: Enlargement of the freight zone tory. The new projects looking towards the future aim to School of Industrial Engineering, the Energy Park, student :: 30,000 jobs :: Airport city (complementary services and activities) consolidate and build upon the city’s economic develop- residences and commercial premises will be constructed. 260,800 m2 for new housing :: :: Better access by road, rail and metro ment, in accordance with the new parameters of the know- ledge society, sustainability, internationalization, social GLÒRIES SQUARE AND SURROUNDING AREA cohesion and quality of life. This is an ambitious project to remodel and enlarge the Remodelling of the area along the Gran Via in Hospitalet to :: Distance to the city centre: 2.5 km The scope of some of these projects reaches beyond the airport and port facilities in order to improve the hand- the Barcelona city limits will convert the area into one of :: Cost: €600 million city limits and into the surrounding area, representing a ling of passengers (up to 70 million for the airport) and the metropolitan area’s economic engines. The project in- :: Involves 36 city blocks strong investment in the metropolitan area as a whole. cargo in terms of quality and quantity, and to improve cludes enlargement of the exhibition centre: its area will be :: 19-ha city square tripled to 240,000 m2, giving it an exhibition space of intermodal connections with other forms of transport 130,000 m2 Some of the most emblematic projects are outlined (road, rail and metro). below: A key objective is to convert Barcelona Airport into an in- Glòries Square and the surrounding area are to be remo- ternational hub ready to respond to the predicted de- delled, with the aim of converting them into one of the city’s 22@: BARCELONA’S INNOVATION DISTRICT mands for growth up to 2025. Regarding the port, its largest green areas and a major public transport hub. The enlargement will be completed in 2010 and it will be the current ring overpass will be replaced by a series of under- :: Distance to the city centre: 2.5 km most important logistics centre in Southern Europe. ground carriageways, and an underground public transport :: Size: 200 hectares hub connecting trains, the metro system and tram network 3.2 million m2 for production activities :: will be constructed. The surrounding area will be remodelled :: €180-million infrastructure plan SAGRERA - SANT ANDREU with the construction of new homes (approximately 1,200 :: An estimated 150,000 new jobs apartments, of which 55% will be public housing), offices :: 4,000 new public-housing units :: Distance to the city centre: 6.5 km and other facilities. :: €12 billion of economic operating potential :: Size: 163 hectares :: 53.5 hectares of green areas and a 5-km green corridor :: Construction of over 8,000 homes NEW MARINA NEIGHBOURHOOD The old industrial district of Poblenou will be transformed :: Distance to the city centre: 5 km into a new technological and innovation district to promote :: Size: 75 hectares, 12 hectares of green areas the establishment of high-level activities in the services in- The Sagrera-Sant Andreu project involves the renovation of :: About 12,000 new homes, housing 30,000 people dustry and knowledge-intensive industries. The district will a large part of the city in order to construct the new central 315,000 m2 available for business :: be put to a variety of uses and will be a place for living and station for high-speed trains. The station will also have con- working. 22@ promotes the concentration of activities in nections to suburban train services, the bus network and five strategic industries: multimedia and audiovisual, IT, bio- the metro system. The existing lines will be roofed over, and BET-BARCELONA ECONOMIC TRIANGLE medicine, energy and design. various surrounding neighbourhoods will be remodelled. A A new neighbourhood will be created for both residential :: Size: 3243 hectares mobility museum will also be built. and commercial use in a former industrial area in Barce- International Gateway (LLobregat Area): 4.424.000 m2 :: lona’s Zona Franca district. Use of the area will be divided 22@Innovation & Creativity (Besós Area): 3.708.600 m2 :: ENLARGEMENT OF THE PORT AND AIRPORT as follows: 30% roads, 35% residential and business, and Mediterranean Corridor (Vallès Area): 2.678.100 m2 :: B_TEC: BESÒS INTER-UNIVERSITY CAMPUS 31% public spaces and green areas. PORT 10.810.700 m2 for new economic activities :: :: Distance to the city centre: 2 km :: Distance to the city centre: 7.5 km :: Doubling of the sea area to 786 hectares :: Size: 8 hectares :: Doubling of the land area to 1,265 hectares 148,000 m2 of land available for building :: :: Extension of the wharves to 29,702 m :: 2,000 students and 180 teachers (first phase) Three consolidated areas of economic activity that have :: Enlargement of the logistics activities zone by 200 hectares large projects in progress and many investment opportuni- 19 18 ties, with tremendous potential and future prospects.