The EURO-ACE region offers attractive conditions for international investment that combine with excellent environmental and meteorological conditions for primary sector development as well as the renewable energy and energy transformation industries.
The region is home to clusters whose products are well-positioned within the global marketplace. It’s environmental, historical and cultural heritage also make the EURO-ACE region very attractive for tourism, all of this in addition to enjoying very competitive qualified labour costs within Europe, a stable, low-risk business environment with infrastructure in continuous improvement and an exceptional level of quality of life.
The EURO-ACE region enjoys a manoeuvrable domestic market that is appropriately developed and attractive for use as a testing ground for new services and technology. Integrated within the single European market, it features its own incentives in addition to those available in Portugal and Spain, thus constituting an ideal point of entry for foreign companies with interests in Europe, Latin America and Africa, as well as creating special access to both the Spanish and Portuguese national markets for companies from other parts of the world.
Access to two primary EU economies
Access to two primary EU economies with positive growth outlooks.
Advantageous geographical location
Advantageous geographical location for the main peninsular markets.
Proven success stories in diverse sectors
Proven success stories in diverse sectors.
EURO-ACE enjoys a very valuable set of natural resources and conditions for economic development, and hosts a series of sectors that focus on harnessing them: grape-growing and olive production, pasture and woodland products, energy from renewable sources and land that is productive or can be used for related industrial sector activity (food production industry, mining and energy transformation, tourism, etc.).
Extensive timbered area
Extensive timbered area: wood, paper, cork, biomass.
Availability of irrigable land and terrain
Ample availability of irrigable land and terrain for extensive livestock production.
Local metal mining and materials industries
Local metal mining and materials industries.
In line with current developments across Spain and Portugal, the EURO-ACE region avails of a qualified, competitive, creative, diverse and flexible talent pool that is well-prepared for knowledge-based economic pursuits.
High education level
More than half of the population 15 years old or older have acquired secondary or tertiary education levels.
University-trained professionals
University-trained professionals available with scientific-technical training and low rotation.
Capacity of local professionals are highly rated
The level and capacity of local professionals are highly rated by multinational companies that are already established in the area.
The EURO-ACE region enjoys competitive labour, operational costs and cost of living levels, all within low-risk conditions inside the European Union. Enterprises and professionals operating in the region can also benefit from significant advantages in terms of cost of living and quality of life compared with large Portuguese, Spanish or other European cities, enjoying a stable and predictable environment with similar or better conditions.
Low land costs, especially for agriculture.
Low industrial infrastructure and land costs, especially for agriculture.
Multiple incentives
Incentives, assistance and financing available for investment, growth and innovation.
Increased ability to compete
Very competitive labour costs that are lower than European, Spanish and Portuguese averages.
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EURO-ACE offers first-class energy, transportation, logistics and communications infrastructures, enjoying significant commitments to investments that are supplemented by a science, technology and innovation network in a high-quality sustainable environment.
Elvas and Guarda cross-border platforms
Elvas and Guarda cross-border platforms
Good telecommunications infrastructure
Good telecommunications infrastructure in main urban centres.
Motorway/highway connections
Motorway/highway connections with Madrid, Seville, Lisbon and Oporto.
Through its partners Invest in Extremadura, CCDR Centro and ADRAL, in addition to other initiatives such as RIS3 and Europe 2020 Strategy, EURO-ACE offers specialised tools for promoting investment and innovation within Spain and Portugal, which contributes to the social and economic development of this Euro-region. These tools align with those already existing at the regional and national levels, providing potential investors with a varied range of services and means of support.
Transactional activities
A recent agreement between Spain and Portugal addressed transnational activities.
Support for internationalisation
Support for internationalisation and exporting from the EURO-ACE region
Few restrictions affecting foreign investors
Spain and Portugal are among the countries with the least restrictions affecting foreign investors.
The individual regions comprising EURO-ACE — as well as Portugal and Spain in general — are known for their open, modern and welcoming personalities. With their climate, varied landscapes, infrastructure, services and available leisure activities, these regions enjoy ideal conditions for attracting and retaining foreign professionals who complement and expand local knowledge and skills.
Excellent climate
More than 3,000 hours of sun per year
World heritage cities
World heritage cities: Évora, Coimbra, Mérida, Cáceres, Guadalupe.
Good quality of life-cost ratio
Good quality of life-cost of living ratio.
The regions comprising EURO-ACE have demonstrated their ability to attract and retain investment in recent years. Numerous multi-national companies and national leaders in industries such as automation, aerospace, components software and food attest to this.
A growing capacity for attracting, retaining and expanding companies with foreign capital. More than 100 companies are registered throughout the three regions with a significant local impact on employment and value generation.
The regions comprising EURO-ACE have demonstrated their ability to attract and retain investment in recent years. Numerous multi-national companies and national leaders in industries such as automation, aerospace, components software and food attest to this.
A growing capacity for attracting, retaining and expanding companies with foreign capital. More than 100 companies are registered throughout the three regions with a significant local impact on employment and value generation.
Extremadura
Centro
Alentejo