DutchNews.nl - Foreign investments boost employment

Weather

Monday: Between 2º and 5º with light snow or sleet. Around zero at night. Similar Tuesday

Foreign investments boost employment

Tuesday 16 March 2010

2009 was a very good year for foreign investment in the Netherlands, with non-Dutch players putting over €3bn into the economy, despite the economic crisis.

In 2008, foreign investment totalled €667m, figures compiled by the foreign investment agency NFIA show.

The high amount is due in part to two capital intensive projects: German power company RWE's €2bn investment in a coal-fired power station in Eemshaven and Neste Oil of Finland's €670m biofuel project in Rotterdam.

Foreign firms created 2,870 new jobs in the Netherlands last year, the figures show. According to NFIA calculations, foreign firms account for some 15% of Dutch jobs.

The NFIA was involved in 155 foreign investment projects last year. Of these, around 50% came from Asia and 30% North America.

'Foreign companies and international trade are boosting our economic growth,' and are a way out of the crisis, caretaker economic affairs minister Maria van der Hoeven said.

Subscribe Newsletter
Print-version
News archives

Readers' comments

"coal-fired power station in Eemshaven"?? And we are 'eco-friendly' and concerned about the environment?

I think not.

By bobsocks | March 16, 2010 10:31 AM

Don't worry bobsocks, the prevailing winds are from the west, so all the shit is dumped on Germany and the CO2 helps stimulate plant growth all over the Siberian tundra.

By Vogon Poet | March 16, 2010 5:16 PM

They call the 2 billion a boost but wait until the infamous nwo carbon tax over all this burned coal in Eemshaven happens.
Believe nothing, question everything.

By Wagner | March 16, 2010 6:08 PM

Comments have been closed for this article.

News