The GGBa Announces Very Good Results for Western Switzerland and the Opening of a Second Office in China

by swisscham in Hospitality, Retail, Tourism

Western Switzerland confirms its attractiveness with the establishment of 88 foreign companies in 2017. This positive result stems from the collaboration between the Greater Geneva Bern area (GGBa) and the economic development offices of its six member cantons. The investments coming from China and the United States experienced a record year.This outcome is the fruit of a long-term work of selective identification and prospection of potential targets that meet well-defined criteria, such as value added, jobs creation and innovation. Among the almost 240 companies that conducted assessment visits to the GGBa member cantons last year, some should get established in 2018 already.ÒDespite increased international competition, reinforced by the competition of the citiesthemselves, Western Switzerland did very well,Ó says Pierre Maudet, State Councilor of Geneva and President of the GGBa for two years. ÒBut our lead is shrinking and requires highly attractive framework conditions. Taxation is a major issue that Switzerland must now be able to address without any further delay.Ó And a new office will soon be opened in Shenzhen, China.

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