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Companies emigrate to Flanders
In the near future, Belgian Limburg will have 1200 hectares (about 3000 acres) of industrial space on offer. Half of that is available now. As opposed to The Netherlands, the Flemish province has already years ago reserved sufficient industrial space. In the meantime, 81 Dutch companies have already established themselves in Belgian Limburg. Philips, for example, has 1500 researchers working in Hasselt.
In the late eighties, the province suffered a considerable economic blow. The mines, which remained open fairly long, were then closed. 20,000 people lost their job and at the same time, a lot of space became available. The Belgian government granted the provincial authority hundreds of millions euros in order to attract new business. Add to this some European subsidies, and the land has become very cheap.
Love from both sides
Companies have long since found their way to Belgium. The North-Brabant provincial authority follows suit and has invited the Belgians to start making official agreements. It is now love from both sides of the border.