Castile and Leon has an excellent location. It borders on nine other Spanish regions and Portugal and enjoys a strategic position for trade between Southern Europe and the rest of the continent.
Castile and Leon possesses an extensive network of modern and varied infrastructures, including high-speed rail, high-capacity roadways, four airports and five dry ports. These factors make Castile and Leon the main logistics center for northwestern Spain.
Castile and Leon’s GDP is growing faster than the European average. The increasing internationalization of Castile and Leon’s economy has made it possible for the region to become even more open, together with an export/import coverage ratio far higher than that of Spain. Additionally, there has been solid, steady growth in the business fabric of Castile and Leon in recent years.
Industry has established itself as one of the main engines of the regional economy. The area possesses an extensive network of highly specialized industries. Traditional industrial activities such as automobiles and agri-food put Castile and Leon at the head of the sector at the national and European levels. These activities are joined by others such as aeronautics, information and communication technologies, security, biotechnology and logistics.
This is the Spanish region with the highest proportion of university students, one of the highest in Europe. It has eight universities, two of which are among the oldest in Europe, Salamanca and Valladolid. Additionally, more than 80 vocational training qualifications are available. This allows the region to obtain significant levels of qualified, high quality human resources. Castile and Leon has an excellent social climate for business relations and investment-related activities, enjoying ongoing social peace and great stability.
There is a wide range of types of industrial land available at very competitive prices, a key differentiating factor. In addition, three technology parks promoted by the government of Castile and Leon offer locations suitable for industries as well as stimulating collaboration and teamwork among universities, industry and researchers to encourage the creation of new companies and transform existing ones through the use of modern technology.
This is one of the Spanish regions to have done the most to improve the capacity for innovation and technological development of its companies. There is a wide range of instruments available to stimulate development of technology and innovation among the region’s companies: the Technology Center Network, the Regional Innovation Strategy and the Technology Park Network.
Castile and Leon is noteworthy for excellent infrastructures which support innovation by providing the material and human materials required for R&D, technology transfer, testing and measurement projects, among others.
The development policy promoted by Castile and Leon offers many possible incentives targeting different areas of competitiveness, modernization, innovation, etc., making the region a sure bet for investment projects. These programs are supplemented by employment and training plans, as well as financial instruments adapted to suit the needs of each investor.
Through its Investment Promotion Area, ADEuropa offers comprehensive support and advisory services for investors:
According the UN’s Human Development Index, Castile and Leon is among the regions with the best quality of life. Additionally, it ranks highest on the security index for Spain and life expectancy is considerably higher than both the European and Spanish averages.
Seven locations in Castile and Leon have been declared World Heritage Sites by UNESCO: Avila, Salamanca, Segovia, Las Médulas (Leon), Burgos Cathedral, the Archeological Site of Atapuerca (Burgos) and the Route of Santiago de Compostela.
Castile and Leon leads Spanish regions in domestic tourism, 50% of Spain’s artistic/historic heritage is located in the region and natural spaces cover 25% of Castile and Leon.
Last updated: 16|07|2015
The information on these pages was prepared by each autonomous community