NL reports substantial foreign investment activity for 2010

Growing share of foreign investment projects from Asia
The Dutch government's focus on attracting investments from Asian countries is paying off. The Netherlands Foreign Investment Agency's (NFIA) annual results for 2010 underline this. The NFIA results 2010 were presented by Mr Henk Bleker, Minister for Foreign Trade, on 16 March 2011. More than half (55 percent) of the 155 projects supported by the NFIA in 2010, originates from this region. Ten years ago this share amounted to 28 percent.

After Asia the majority of projects came from North America (32 percent). The remaining investments derived from Europe, the Middle East and South America. More than a quarter (27 percent) of the total number of projects came from the United States, followed by South Korea and China. The NFIA office in London contributed profoundly to the results assisting companies in the UK & Ireland, including Asian and US companies, with their next step into Europe.

No record year
In 2010 jobs were won and retained for the Dutch economy. However, it was noticeable that the market was still recovering from the crisis. The total value of the 155 investment projects the NFIA was involved in amounted to €956 million. These projects will result in 3,021 new jobs. Ten projects assisted by the NFIA in 2010 further resulted in the retention of employment. In total the NFIA's efforts in 2010 amounted to 3,793 jobs in 2010.

International connection
"An open economy offers advantages for the Netherlands. International trade and foreign investments are important pillars of Dutch prosperity," said Bleker. Some 6,000 foreign companies are currently active in the Netherlands. They provide jobs for 782,000 people and account for 30 percent of all investments in R&D. Foreign investors also provide a connection to international networks of knowledge and business activities, according to the Minister. "Increasingly, they cooperate with foreign universities and associate companies. This cooperation provides opportunities for technological development, potential markets for Dutch products and thus strengthens our export position."

Headquarters
Together with the private sector and researchers this government will boost nine priority sectors of the Dutch economy with a targeted approach. Part of this will be the acquisition of new international headquarters, as these often lead to follow-up investments in the country of residence. The share of international headquarters in the total number of NFIA projects increased in 2010 to 17 percent (compared to 9 percent in 2009), confirming the position of the Netherlands as a top location for international headquarters. Most international headquarter projects realised, concern European headquarters. More than half of the headquarter projects (12) comes from Asia, followed by North America and Europe.

The NFIA (www.nfia.co.uk) is an operational unit of the Dutch Ministry of Economic Affairs, Agriculture and Innovation and facilitates direct investments of foreign companies in the Netherlands. The NFIA UK & Ireland office is located within the Embassy of the Kingdom of the Netherlands in London. In its 33 years, the NFIA has helped more than 2,600 companies from 42 countries initiate or expand operations in the Netherlands.

As a government agency, the NFIA provides information and practical assistance free of charge. All its services are provided on a confidential basis. These include providing insight and data with regard to site selection, logistics strategie and intensive, personal guidance on such matters as available incentives, permit procedure and tax structures.

More information:
Ruud Stevens, spokesman Foreign Economic Relations
E: [email protected]
T: +31 6 461 52 406
W: www.nfia.co.uk