Business Region Göteborg

Transcription

1 Business Region Göteborg

2 Why interest in Gothenburg is rocketing Three reasons why interest in Gothenburg is increasing so quickly In recent years, Gothenburg-based companies have invested heavily in developing new products and services Construction plans worth a total of 100 billion euros are attracting investors at a scope never previously seen in Gothenburg The rapid pace of digitalisation opens up opportunities for companies and people with the ability to think creatively.

3 Growth strategy to expand in terms of both population and area 120,000 new jobs. ( ) 10,000 new inhabitants per year. The core of the region, central Gothenburg, will grow by 45,000 inhabitants and 60,000 jobs by ( ) In 2030, the Gothenburg labour market will encompass 1.75 million inhabitants, compared with 1.17 million inhabitants today. Current labour market region Labour market region by 2030

4 Growth in Gothenburg s labour market since year ,000 more establishments 79% increase in GRP (gross regional product) 74% increase in total wage sum 187,000 new inhabitants 134,000 more jobs 53% increase in productivity

5 Growth in Swedish metropolitan regions Gothenburg region Stockholm region Malmö region Sweden 3.3% 3.1% 3.1% 2.8% 3.8% 3.7% 3.0% 2.9% 1.6% 1.5% 1.4% 1.1% Employment Annual growth in number of employees Total wage sum Annual real growth in total wage sums Gross regional product Annual real growth in gross regional product (refers to statistics for labour market regions)

6 The Gothenburg region a leading research region which is highly competitive on the international stage R&D SHARE OF GDP 1, 2,, 4,, 195, 196 Sweden 25% of Sweden's total R&D investments within the private sector are made in the Gothenburg region 10 th place Growth potential* Assesses large European city regions with the best future growth potential. The Gothenburg region scores highly in economic growth and employment. Performance Index 2014: 10 th place of 117 regions Source: BAK Basel *Indicators refer to West Sweden **Indicators refer to City of Gothenburg 23 rd place Competence** The index ranks cities on their capacity to attract, develop and retain competence. Gothenburg's ranking is motivated by a high quality of life and a well-educated population. Global Cities Talent Competitiveness Index 2018: 23 rd place of 90 cities Source: INSEAD and Adecco Leader Innovations* Assesses the innovation performance of European regions. West Sweden is named in the report as a European innovation leader. Regional Innovation Scoreboard 2017: Innovation leader among 220 regions 27 th place Competitiveness* Assesses how close EU regions are to their target strategies for achieving improved competitiveness. The Gothenburg region has achieved all of its established EU targets and is praised for its employment, R&D and high education level. Europe 2020 Regional Index: 27 th place of 263 regions Source: EU-Commission 2 nd place Connectivity** Ranks cities and regions in Europe with the best IT and logistics infrastructure. Among large European cities, Gothenburg is ranked second when it comes to the best IT and logistics infrastructure. European Cities and Regions of the Future 2017/2018: 2 nd place of 55 mid-sized cities Source: fdi Source: EU-Commission

7 Exports to the region s largest trading partners TOP 10 EXPORT DESTINATIONS 2017 RANK COUNTRY VALUE OF EXPORTED GOODS 2017, MSEK 1 USA 30,888 2 Norway 29,652 3 Germany 21,662 4 China 16,762 5 Denmark 16,577 6 UK 15,351 7 Finland 14,037 8 France 10,170 9 Netherlands 7, Russia 4,829 Västra Götaland County total 271,317 Gothenburg region total 220,346 Gothenburg region s share of Swedish exports 17% Twice as strong growth in real goods exports from Gothenburg region (+13%) compared to Sweden (+7%)

8 The composition of the region's exports and imports EXPORTS AND IMPORTS OF GOODS, BY PRODUCT GROUP 2017 Motor vehicles and other transport equipment Other machines and manufactured goods Computers, electronics and optical products Chemicals, pharmaceuticals, rubber and plastics Wood, paper and printing services Coke and petroleum Basic metals and fabricated metal products Textiles and clothes Products connected to services Food, beverages and tobacco Products of agriculture, forestry and fishing Mining and quarrying Exports value 2017, SEK million Imports value 2017, SEK million % or SEK 20 billion in real terms was the export growth in the automotive industry

9 Many foreign-owned companies in the region NUMBER OF FOREIGN-OWNED COMPANIES AND ESTABLISHMENTS Every fifth worker in the Gothenburg region is employed in a foreign-owned company Establishments Companies

10 Record numbers for air passengers and guest nights NUMBER OF AIR PASSENGERS AND GUEST NIGHTS IN THE GOTHENBURG REGION app.7 million flight passengers 2017 is a new record Millions of air passengers Millions of guest nights 4.8 million guest nights 2017 is a new record Source: Swedish Transport Agency and Statistics Sweden

11 Construction and services sector companies have grown the most AVERAGE ANNUAL REAL GROWTH IN TOTAL WAGE SUM BY SECTOR IN THE GOTHENBURG REGION % 4.1% 3.5% 1.4% CONSTRUCTION COMPANIES SERVICE COMPANIES PUBLIC SECTOR INDUSTRIAL COMPANIES

12 Greatest employment growth within business services PERCENTAGE CHANGE IN EMPLOYED PERSONS BY INDUSTRY Business services Information and communication Hotels and restaurants Construction Education Property Public administration Health care and care Personal and cultural services Energy and the environment Commerce Financial services and insurance Manufacturing and mining Transportation Gothenburg region Sweden -10% 10% 30% 50% 100,000 more office-based employees in the Gothenburg region by 2035

13 Small companies experiencing the most rapid growth in employees CHANGE IN NUMBER OF EMPLOYEES BY SIZE CATEGORY % 40% 143,000 30% 20% 28% 23% 16% 20% persons were employed in companies with less than 20 employees in % 0% 1-4 employees 5-19 employees employees 200+ employees

14 The region s private sector generates high value added VALUE ADDED IN MSEK BY SECTOR 2016 SECTOR VALUE ADDED 2016, MSEK SHARE Business services 119, % Manufacturing and mining 93, % Commerce 79, % Construction 40, % Transportation 38, % Real estate 36, % Information and communication 31, % Finance and insurance 16, % Health care and care 16, % Hotels and restaurants 13, % Personal and cultural services 11, % Energy and the environment 9, % Education 6, % Agriculture, forestry and fishery 1, % Unknown % Public authorities 8 0.0% Gothenburg region total 516, % 92 % of all industries in Sweden are represented in the Gothenburg region

15 Investments in housing and offices in the region INVESTMENT VOLUME IN SEK BILLIONS IN OFFICES, FACILITIES AND HOUSING IN THE GOTHENBURG REGION SEK billion Office premises Facilities Housing ,000 SEK billion in planned investment until forecast 2018 forecast 2017 forecast Source: Swedish Construction Federation

16 Population continues to grow POPULATION IN THE GOTHENBURG REGION AND FORECAST FOR THE PERIOD Population Population forecast 1,012,569 is the number of inhabitants in the Gothenburg region in

17 Nordic cost comparison 2018 A cheaper meal Maximum monthly fee for 1 child at preschool Office rent per m 2 CBD / year Average price per m 2 city apartment Source: Numbeo, each city's official homepage, JLL and Global Property Guide

18 Did you know The world's best 1 % of heating in Gothenburg is powered by oil. Source: Business Region Göteborg FED up! Are you also fed up with fossil fuels? The Fossil-free Energy Districts project, FED, aims to decrease the use of energy and the dependence on fossil fuel in a built environment. Within FED, a unique local marketplace for electricity, district heating and cooling is developed, supported by the European Regional and Development Fund. Quiet & emission free transport Following two successful years of electric buses on route 55 in Gothenburg, Electricity is expanding and two electric buses will start operating on route 16. Meanwhile, there are plans to expand the demo arena to include heavy vehicles for quiet and emission-free urban transport. Source: Volvo Group The Port of Gothenburg works proactively and with a long-term approach to minimise the environmental impact of shipping operations and to contribute to sustainable transport. The port is internationally renowned for its environmental work and is classed as one of the world's leading ports in this area. Source: Port of Gothenburg 90 % of all apartment buildings in Gothenburg have district heating Gothenburg is a world leader in district heating. District heating contributes to better air while making it possible to use heat that would otherwise be lost will see Landvetter Airport's carbon dioxide emissions reach zero. The airport is already taking strict measures to reduce its environmental impact and carbon dioxide emissions have sunk drastically. The airport is certified to the highest level according to an international standard for its work to reduce emissions. Source: Swedavia Source: Johanneberg Science Park Source: Göteborg Energi