February 2013.- Throughout 2012, Invest in Catalonia gave support to of a total of 47 investment projects, the highest figure in its history. With the exception of the 2008 drop in investment in Catalonia, the evolution of Invest in Catalonia’s results over recent years has been favourable. A period of slow but steady growth can be seen, becoming far more more evident in 2012, when the number of investment projects put into practice will be double that of 2008. This trend is partly due to the increased number of projects being handled. While between 2006-2008 Invest in Catalonia had between 150 and 200 projects in hand, over the period 2009-2012 it handled from 300 to 350.
The level of investment associated to the projects put into practice is usually more varied. The 2012 figures grew compared to a drastic fall in investment in 2010. The results in terms of investment volume for 2010 and 2011 are a clear result of the crisis: over that period Invest handled and put into practice smaller projects. As well as projects size, mention must be made of the time factor which always makes investment decisions tend to stretch out over long periods of time, so that the investment in 2010 also reflects the crisis that started in 2007-2008.
The 2012 results in terms of investment volume are especially significant. Investment levels are recuperating and are beyond 2007-2009 levels, when investment projects that had begun before the crisis were being put into practice. This result is a clear example of the proactive work performed by Invest in Catalonia to attract medium to large sized investment projects: with 331.88 million euros attracted in 2012.
Jobs created and mantained
In 2012, the 47 investment projects attracted by Invest in Catalonia have brought about the creation of 2,324 new jobs and have ensured the continuity of 2,566 additional jobs. Again, these are the highest figures in recent years. In the 2007-2008 period the projects that came into being basically created new jobs. As a result of the crisis, the impact of projects that maintained places of work has increased. Therefore in 2009 we saw basically projects that maintained places of work and since 2010, despite the fact that new jobs have been created, this tendency of job maintenance shows greater growth.
We can detect then certain trends regarding Invest in Catalonia results over recent years.
From a historical perspective, the results of Invest in Catalonia in 2012 - in terms of projects attracted, of associated investment volume and job creation and maintenance – can be considered a resounding success.
While the crisis, in principle, reduces the number of projects put into practice in 2008, they then recover to record levels in 2012, partly as a result of increased activity in the projects handled.
The effect of the crisis can be seen in the amount of investment stretched out over a couple of years and which bottoms out in 2010, a period of small investment projects. In 2011-2012, the investment shows a positive trend.
There is a certain shift in trends regarding jobs associated to the investment projects. With the crisis, the importance of projects that maintain places of work increase, meaning that over the last four years figures of job maintenance have been higher than new job figures.